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Divide emerges as big banks cope with strained consumers

Divide emerges as big banks cope with strained consumers

TORONTO — Canadian Imperial Bank of Commerce reported its third-quarter profit rose compared with a year ago as it set aside less money for bad loans, bucking a trend seen this quarter among other banks. CIСÀ¶ÊÓƵ said Thursday its net income totalled $1.
A Hong Kong court convicts 2 journalists in a landmark sedition case

A Hong Kong court convicts 2 journalists in a landmark sedition case

HONG KONG (AP) — A Hong Kong court convicted two former editors of a shuttered news outlet on Thursday, in a sedition case widely seen as a barometer for the future of media freedoms in a city once hailed as a bastion of free press in Asia.
Best Buy reports another drop in quarterly sales amid cautious buying but business is stabilizing

Best Buy reports another drop in quarterly sales amid cautious buying but business is stabilizing

NEW YORK (AP) — Best Buy, the nation’s largest consumer electronics chain, on Thursday reported another quarterly drop in sales due to Americans pulling back on purchases of appliances and consumer-electronics gadgets to focus on essentials.
Confused about all the deductions on your paycheque? Here's what they mean

Confused about all the deductions on your paycheque? Here's what they mean

You're a few weeks into your new job and payday has arrived. But reading your first paystub, it's a little unclear what all of these deductions mean. After all, the exact amount of your biweekly direct deposit never came up in the interview process.
US economic growth for last quarter is revised up to a solid 3% annual rate

US economic growth for last quarter is revised up to a solid 3% annual rate

WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment.
US economic growth for last quarter is revised up to a solid 3% annual rate

US economic growth for last quarter is revised up to a solid 3% annual rate

WASHINGTON (AP) — The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said Thursday in an upgrade of its initial assessment.
Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surges

Nvidia stock slips even after earnings top Wall Street estimates and demand for AI chips surges

LOS ANGELES (AP) — Nvidia may have exceeded Wall Street estimates as its profit jumped — buffeted by the chipmaking dominance that has cemented Nvidia’s place as the poster child of the artificial intelligence boom — but investors seemed less than im
Brazil top court threatens to suspend X operations in latest twist of ongoing feud

Brazil top court threatens to suspend X operations in latest twist of ongoing feud

RIO DE JANEIRO (AP) — A Brazilian Supreme Court justice on Wednesday threatened to shut down the local operations of X, formerly Twitter, unless its billionaire owner Elon Musk names a legal representative in Brazil within 24 hours.
Brazil top court threatens to suspend X operations in latest twist of ongoing feud

Brazil top court threatens to suspend X operations in latest twist of ongoing feud

RIO DE JANEIRO (AP) — A Brazilian Supreme Court justice on Wednesday threatened to shut down the local operations of X, formerly Twitter, unless its billionaire owner Elon Musk names an in-country legal representative within 24 hours.
French authorities issue preliminary charges against Telegram messaging app CEO

French authorities issue preliminary charges against Telegram messaging app CEO

PARIS (AP) — French authorities handed preliminary charges to Telegram CEO Pavel Durov on Wednesday for allowing alleged criminal activity on his messaging app, and barred him from leaving France pending further investigation.
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