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Economy and Business

Fed Officials Caution That Raising Rates to a Higher Peak May Be Necessary

Two Federal Reserve policymakers cautioned that recent stronger-than-expected readings on the US economy could push them to raise interest rates by more than previously expected.
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Tearlach Resources Declares Brokered Private Placement Funding of C$6.0M

Tearlach Resources Limited ("Tearlach" or the "Company") (TSXV: TEA) (OTC: TELHF) (FRANKFURT: V44) announces that it has entered into an agreement, with a syndicate of agents co-led by Sprott Capital.
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FOREX-Dollar to Drop for The First Week Since January As Fed Route Reviewed; Crypto Falls

Tokyo inflation data for February exceeded the BOJ's target for a ninth month, but the core measure did decelerate from a 42-year high.
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Ambow Successfully Completes a US$2 Million Private Placement With a Strategic Investor

Ambow Education Holding Ltd. ("Ambow" or the "Company") (NYSE American: AMBO), a US-based global education company, today announced its entry into a securities purchase agreement (the "Agreement") with an institutional investor.
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Tesla Stock Declines by More Than 5% After Hours Due to Investor Day’s Lack of Information

Electric vehicle maker Tesla hosted a 2023 investor day presentation in Austin, Texas, on Wednesday.
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Approov Mobile Threat Lab Discovers 92% of Popular Fintech Apps Instantly Reveal Important, Exploitable Secrets

Approov, the end-to-end mobile security provider, today issued findings showing that 92% of the most popular banking and financial services apps contain easy-to-extract secrets such as API keys, which could be used in scripts and bots to attack APIs and steal data, devastating consumers and the institutions they trust.
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Conference Board Reports February Consumer Confidence Drop Again

Consumer confidence dipped for the second straight month as stubborn inflation and anxiety over a potentially slowing economy weighed on Americans.
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City Council Advances American Bank Center Expansion Funding

City council has approved a resolution to support state financing for the expansion and renovation of a convention center at the American Bank Center. How they will do that will be with a relatively new tool.
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AI-powered DiMuto Financial Services Grupo Paisano Financing Expands Into US and Mexico

DiMuto, a global Agri-FinTech company, has expanded its AIpowered Financial Services to the US and Mexico through its latest financing deal with Grupo Paisano, a large international grower-exporter.
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New Collaboration Between Harman and the American Center for Mobility

Harman, the automotive electronics subsidiary of Samsung Electronics Co. Ltd., has announced a new collaboration with the American Center for Mobility in Ypsilanti to test real-world.
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