Author: super@dmin
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: The U.K.’s next prime minister is worth more than the king. Kind of.
They’re both enormously wealthy, but King Charles III is going to be appointing as prime minister someone wealthier than him in Rishi Sunak.
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Market Extra: ‘No more Santa Sunak.’ New U.K. prime minister faces a battle to keep markets calm, say analysts.
The new U.K. prime minister, Rishi Sunak, has his work cut out for him to keep financial markets calm.
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Coronavirus Update: Biden to get updated COVID booster on Tuesday; less than 10% of eligible Americans have had the shot so far
President Joe Biden will receive his updated COVID-19 booster on Tuesday and will urge Americans to get the shot, which targets both the original virus and the omicron variants that have been dominant this year.
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Metals Stocks: Gold futures retreat after Friday’s wild ride
Gold is trading marginally lower on Monday following a wild ride on Friday that saw the yellow metal briefly dip to its lowest level in 2½ years.
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In One Chart: Republicans have 2-in-3 chance of winning Senate in midterm elections, betting markets say
Betting market PredictIt now gives Republicans about a 2-in-3 chance for taking control of the U.S. Senate away from Democrats in November’s midterm elections.
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Economic Report: Flash PMI data show U.S. economic downturn ‘gathering significant momentum’ in October, says S&P Global
Flash PMI data show the U.S. economic downturn gathered significant momentum in October, S&P Global chief economist on Monday.
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The Ratings Game: AT&T’s ‘far simpler story’ and ‘solid’ dividend earn stock an upgrade
Not long ago, Verizon Communications Inc. was winning praise for its simple story, while AT&T Inc. sparked concerns with its hodgepodge of wireless, satellite and media businesses. Now things are a bit different.
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Bond Report: 10-year Treasury yield holds steady at 4.2% amid receding risks of U.K. spillover
Treasury yields are mixed as the U.K. attempts to move past recent bond-market turmoil with its next likely prime minister.
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The Ratings Game: CSX set to boost rail network performance, say analysts
CSX’s efforts around so-called precision scheduled railroading are expected to boost efficiency
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Futures Movers: Oil loses ground as traders weigh China demand worries
Oil loses ground to start the week