Month: August 2024
Bank of China President Liu resigns, chairman to be acting president
Bank of China President Liu Jin. Bloomberg | Bloomberg | Getty Images Bank of China Vice Chairman and President Liu Jin resigned for personal reasons effective on Sunday, the bank said. The state-owned lender said in a statement that its board had approved Chairman Ge Haijiao to serve as acting president. Liu, 57, has held senior […]
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Russian attacks on Ukraine injure at least 29, local authorities say
Ukrainian emergency services conduct a search and rescue operation among the rubble of a destroyed hotel following a Russian strike in the town of Kramatorsk early in the morning on August 25, 2024. Genya Savilov | Afp | Getty Images Russia launched several missiles and drones overnight targeting northern and eastern Ukraine, injuring at least […]
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China slams U.S. for adding firms to export control list, vows action
Tensions between the U.S. and China have escalated over the last few years. Teh Eng Koon | AFP | Getty Images China’s Ministry of Commerce said on Sunday it strongly opposed a U.S. decision to add multiple Chinese entities to its export control list over Russia-related issues. The United States on Friday added 105 Russian […]
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Hezbollah launches missile barrage at Israel to avenge top commander
Smoke billows from the site of an Israeli airstrike on Zibqin in southern Lebanon on August 25, 2024, amid escalations in the ongoing cross-border tensions as fighting continues between Israel and Hamas militants in the Gaza Strip. Kawnat Haju | Afp | Getty Images Hezbollah launched hundreds of rockets and drones against Israel on Sunday […]
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Boeing Starliner returning empty as NASA turns to SpaceX to bring astronauts back from ISS
NASA astronauts Butch Wilmore, left, and Suni Williams pose inside the hatch connecting Boeing’s Starliner to the International Space Station on NASA Boeing will return its Starliner capsule from the International Space Station without the NASA astronauts that it delivered to orbit in early June, the agency announced on Saturday. With Starliner coming back to […]
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Why dividend stocks should be a hot play into fall
ETF Edge Why dividend stocks should be a hot play into fall Published Sat, Aug 24 202411:00 AM EDT Ellie Stevens@elliestevens02 WATCH LIVE Source
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33-year-old pays $2,100/month to live with 23 roommates in Brooklyn—take a look inside
In a city as notoriously expensive as New York, it’s common to see people in their late 20s and early 30s living with roommates to help manage the high cost of living. But Ishan Abeysekera has taken that to the next level with his current living situation in Brooklyn: a communal building that he shares […]
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This woman made up to $110,000 a year as a nanny for the ultra-rich. Here’s what she learned from the job
Stefanie Kiser Book: “Wanted: Toddler’s Personal Assistant”. Cover design by Jillian Rahn/Sourcebooks. Courtesy: Stefanie Kiser Stephanie Kiser came to New York City in 2014 as a new college graduate, hoping to become a screenwriter. Instead, she spent the next seven years as a nanny for wealthy families. Kiser’s new memoir, “Wanted: Toddler’s Personal Assistant: How […]
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Trading Fed rate cuts: These banks are primed to outperform when rates fall, Evercore ISI says
A few well-known regional banks are poised to benefit from the Federal Reserve’s upcoming interest rate cuts, according to Evercore ISI. Fed Chair Jerome Powell indicated on Friday that the central bank is ready for interest rate cuts ahead , although he declined to provide the exact timing or extent of the cuts. As investors […]
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Restaurants fight back against the FTC crackdown on ‘junk fees’ as diners balk at new charges
Leopatrizi | E+ | Getty Images Lawmakers want to crack down on “junk fees,” but restaurants are trying to stay out of the fight. Surcharges or fees covering everything from credit card processing to gratuities to “inflation” have become more popular on restaurant checks in recent years. Last year, 15% of restaurant owners added surcharges […]
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