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Business
Fed president warns inflation is 'going the wrong way' as tariff concerns mount
On Tuesday, Federal Reserve Bank of Chicago President Austan Goolsbee warned about rising inflation and said it isn't clear whether tariff-induced price hikes will be a…
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SAG-AFTRA condemns AI 'synthetic performers' after artificial actress goes viral
The Screen Actors Guild–American Federation of Television and Radio Artists (SAG-AFTRA) condemned the creation of actress "Tilly Norwood" through artificial intelligence in a…
Elon Musk makes history as first person ever to hit $500B net worth milestone: report
Elon Musk on Wednesday reportedly became the first person in history with a net worth of $500 billion. The Tesla and SpaceX CEO’s fortune crossed the half-trillion mark around…
American Airlines jet cancels takeoff after LAX runway incursion
Passengers aboard an American Airlines jet headed from California to Massachusetts were delayed Sunday after it had to abort takeoff. American Airlines flight 2453 was…
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Amazon unveils 'price-conscious' grocery brand featuring more than 1,000 items nationwide
Amazon announced Wednesday the launch of Amazon Grocery, a new private-label brand that merges popular items from Amazon Fresh and Happy Belly into one "grocery essentials"…
David Beckham’s media group pays out more than $80mn in dividends
Stay informed with free updatesSimply sign up to the MediamyFT Digest -- delivered directly to your inbox.David Beckham is set for another multimillion-dollar windfall after his…
Beef prices hit record highs as nationwide cattle inventory drops to lowest level in 70 years
Beef prices are at a record high in the wake of a drought that left cattle inventory at the lowest level in 70 years amid strong demand, resulting in price increases for steak…
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