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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.

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.

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.

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.

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.

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.

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.

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.

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.

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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