In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook speaks onstage during day 2 of Vox Media’s 2022 Code Conference in Beverly Hills, California. Jerod Harris | Getty Images Entertainment | Getty Images Shares of Apple were down 4.5% on Thursday after Bank of America analysts delivered the stock a
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Chancellor Kwasi Kwarteng has insisted the government is focusing on “delivering the growth plan” and “protecting people right across the country” despite a week of market turmoil. The chancellor, who announced his mini-budget last Friday, said without the government’s plans it could not generate the income and tax revenue needed to pay for the public
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Hurricane Ian has caused unprecedented damage after trapping people in flooded homes and leaving more than two million without power, says Florida’s governor. Ron DeSantis called the damage “historic” and disaster officials believe thousands could be displaced in the long term. US President Joe Biden has declared a major disaster, releasing federal funds to pay
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Astronomers have assembled the largest-ever compilation of high-precision galaxy distances, called Cosmicflows-4. Galaxies, such as the Milky Way, are the building blocks of the universe, each comprised of up to several hundred billion stars. Galaxies beyond our immediate neighborhood are rushing away, faster if they are more distant, which is a consequence of the expansion
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The new economic measures laid out by the U.K. government “will likely increase inequality”, according to a spokesperson from the International Monetary Fund. Yuri Gripas | Reuters LONDON — The new economic measures laid out by the U.K. government “will likely increase inequality,” the International Monetary Fund said in a rare statement. While the fiscal
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A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon is raising its hourly wages for its warehouse and delivery workers, the company announced Wednesday. Beginning in October, Amazon’s average starting
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Prime Minister Liz Truss’s external adviser on the economy has told Sky News that the chancellor had “taken his eye off the ball” and “overstepped the mark” with his mini-budget. Gerard Lyons, who is often referred to as Ms Truss’s ‘favourite’ economist, said Chancellor Kwasi Kwarteng failed to adequately prepare the financial markets ahead of
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The European Union on Wednesday raced to find out exactly what happened and why after mystery gas leaks hit two underwater Russian gas pipelines, warning of retaliatory measures for any deliberate attack on the region’s energy infrastructure. In a statement on behalf of all 27 members, EU foreign policy chief Josep Borrell said Wednesday that
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