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‘Once Upon a Time in Hollywood' Sequel Drops Surprise Teaser During 2026 Super Bowl The Hollywood ReporterNetflix's ‘Cliff Booth' Makes Surprise Appearance During Super Bowl As First Teaser Trailer Is Shown Deadline‘Cliff Booth' Teaser: Brad Pitt Surprises Super Bowl With First Footage From David Fincher's Tarantino Sequel VarietyWhat Brad Pitt movie aired a Super Bowl trailer? 10TV
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Trump wants to run the economy hot, as midterm elections approach The Washington PostTrump accepts ownership of the current economy: 'I'm very proud of it' NBC NewsConsumer spending pushes US economy up 4.4% in third quarter, fastest in two years KLAS 8 News NowTrump Aims to Energize Economy Ahead of Midterm Elections El-Balad.com
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From Svedka to Anthropic, brands make bold plays with AI in Super Bowl ads TechCrunchCan these Super Bowl ads make Americans love something they don't like? The Washington PostAnthropic buys Super Bowl ads to slap OpenAI for selling ads in ChatGPT ReutersClaude is a space to think AnthropicExclusive | Anthropic Takes Aim at OpenAI's ChatGPT in Super Bowl Ad Debut The Wall Street Journal
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Wednesday's selling carried into Thursday as investors continued to take a risk-off approach to markets following the Federal Reserve's latest policy announcement.
The central bank issued its third jumbo-sized rate increase yesterday and set expectations that it will continue to hike rates over its next few meetings. However, the Fed is not alone in its aggressive stance. Several global central banks have increased their benchmark rates this week in an ongoing effort to tame inflation, including the Bank of England and Switzerland's National Bank, which earlier today issued 50 basis point and 75 basis point rate hikes, respectively. (A basis point is one one-hundredth of a percentage point.)
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"Global equities are struggling as the world anticipates surging rates will trigger a much sooner and possibly severe global recession," says Edward Moya, senior market strategist at currency data provider OANDA. "Most of these rate hikes around the world are not done yet which means the race to restrictive territory won't be over until closer to the end of the year."
The reaction here at home was a selloff in bond prices, which sent yields on government notes spiking. The 10-year Treasury yield surged 19.2 basis points to 3.704% - its highest level since early 2011 - while the 2-year Treasury yield spiked 12.1 basis points to 4.116%, its loftiest perch since late 2007.
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As for stocks, the tech-heavy Nasdaq Composite
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THE PRESIDENT of one of America's best-known Catholic places of learning came this week to his alma mater, Oxford University, and with some fanfare delivered a lecture on the future of higher education. His hosts included Chris Patten, the eminent Conservative politician who is now Chancellor of Oxford University and happens to be a fellow Catholic.
So did the visitor, whose academic interests include medieval theology, deliver a lament over the weakening Christian connections of places like Oxford, which emerged in a 12th-century world where learning and public activity of any kind were almost inseparable from religion? Did he deplore the fact that Oxford had incubated the "new atheist" movement? No, Father John Jenkins, the president of Notre Dame University (pictured), did nothing of the kind. Instead, he emphasised the spirit of inquiry, dispute and interrogation that characterised Oxford from its earliest days and argued that the same spirit could and should guarantee the future of universities as physical places, as opposed...Continue reading
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Print section
Print Rubric:
Business reaction to the Republicans'' big tax-reform plan is mixed
Print Headline:
Give and take
Print Fly Title:
American business and tax
UK Only Article:
standard article
Issue:
America''s global influence has dwindled under Donald Trump
Fly Title:
Give and take
Location:
NEW YORK
'CUT, cut, cut!' That is what President Donald Trump wanted to name an eagerly awaited Republican proposal for reforming America''s tax code. He vows that slashing the rate of corporate tax will create millions of jobs. In the end, on November 2nd, Republican leaders in the House of Representatives unveiled the modestly named Tax Cuts and Jobs Act.
Some business leaders cheered. The US Chamber of Commerce called it a 'once-in-a-generation opportunity to fix the problem'. The National Association of Manufacturers declared the plan 'a grand slam for ...
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