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Business

46684 posts
BBusiness
Stock market today: Nasdaq leads Dow, S&P 500 lower after Samsung, DeepSeek spark chip sell-off
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Stock market today: Nasdaq leads Dow, S&P 500 lower after Samsung, DeepSeek spark chip sell-off

  • July 7, 2026
US stocks fell on Tuesday after Samsung’s (016360.KS) quarterly results and reports that China’s DeepSeek is developing its…
EEconomy
Hong Kong drops to 4th costliest city for wealthy amid change in luxury spending
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Hong Kong drops to 4th costliest city for wealthy amid change in luxury spending

  • July 7, 2026
Hong Kong now ranks lower among the costliest cities for rich people “living well”, with Singapore the most…
PPersonal finance
10 Investment Must Reads for Week of July 7, 2026
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10 Investment Must Reads for Week of July 7, 2026

  • July 7, 2026
ETF Inflows Top $1Trillion at the Halfway Point of 2026 “Investors poured $210 billion into US-listed ETFs in…
BBusiness
Stellantis to sell small Fiat Topolino EV for $13,995 in U.S.
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Stellantis to sell small Fiat Topolino EV for $13,995 in U.S.

  • July 7, 2026
Stellantis plans to offer the Fiat Topolino, an all-electric quadricycle vehicle, in the U.S. Stellantis DETROIT — Chrysler…
EEconomy
Microsoft Redmond campus...
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Washington Democrats brag about AI-fueled GDP they banned

  • July 7, 2026
Some Washington Democrats spent time last week on X taking a bow for GDP numbers, claiming it shows…
PPersonal finance
Uncle Sam's arm, holding a pair of scissors and cutting a Social Security card.
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Why Waiting to Fix Social Security Will Only Make the Situation Worse

  • July 7, 2026
With nearly 90% of Americans aged 65 or older relying on Social Security benefits to cover everyday expenses,…
EEntrepreneurship
China AI boom is creating a new type of entrepreneur
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China AI boom is creating a new type of entrepreneur

  • July 7, 2026
Involution — neijuan (内卷) in Mandarin, literally “inward curling” — entered everyday Chinese speech around 2020. The concept…
BBusiness
SpaceX is entering the Nasdaq 100 — here's what it could mean for the stock: Chart of the Day
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SpaceX is entering the Nasdaq 100 — here’s what it could mean for the stock: Chart of the Day

  • July 7, 2026
Nasdaq rewrote the playbook for SpaceX. The world’s largest IPO is entering the Nasdaq-100 (^NDX) only 15 trading…
EEconomy
Peak oil: China’s crude demand set to fall as EV bets ease Hormuz fears
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Peak oil: China’s crude demand set to fall as EV bets ease Hormuz fears

  • July 7, 2026
China’s demand for crude oil is expected to peak in the coming years, a scenario set to further…
PPersonal finance
Capita’s rush to hit civil service pension deadline risking errors, say staff
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Capita’s rush to hit civil service pension deadline risking errors, say staff

  • July 7, 2026
Staff working on Capita’s botched civil service pension contract have concerns over data accuracy, data protection and…
EEntrepreneurship
The $1.2 billion startup that wants to become Amazon Prime for savings
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The $1.2 billion startup that wants to become Amazon Prime for savings

  • July 7, 2026
In 2022, Hussein Fazal flew 200 of his employees to Las Vegas to cash a $200 check at…
BBusiness
Xbox Layoffs Announced: 1600 Now, 1600 More into 2028, Four Studios Leave and id Software Reportedly Gutted
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Xbox Layoffs Announced: 1600 Now, 1600 More into 2028, Four Studios Leave and id Software Reportedly Gutted

  • July 7, 2026
Microsoft has announced that thousands of Xbox employees have lost their jobs today, as part of wider cuts…
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