Nasdaq 100 gains as weak labour data fuels rate-cut bets

Nasdaq 100 gains as weak labour data fuels rate-cut bets

THE Nasdaq 100 rose on Thursday (Sep 4), closing 218.17 points, or 0.93 per cent higher, at 23,633.01, as investors digested weaker-than-expected labour market data ahead of Friday’s closely watched nonfarm payrolls (NFP) report. Private-sector job growth slowed to 54,000 in August, missing forecasts of 65,000, while weekly jobless claims hit their highest level since…

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From vision to action: Global Asia Insurance Partnership’s new CEO targets greater coverage in Asia

From vision to action: Global Asia Insurance Partnership’s new CEO targets greater coverage in Asia

[SINGAPORE] As the Global Asia Insurance Partnership’s (GAIP) new chief executive officer, Cheng Min Hung is on a mission to tackle one of the region’s most pressing challenges: a growing insurance protection gap. This gap means much of Asia lacks adequate insurance coverage for major risks, including healthcare expenses, financial protection for families in the…

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Stephen King predicts Trump supporters will deny voting for him 20 years as White House fires back with a zinger

Stephen King predicts Trump supporters will deny voting for him 20 years as White House fires back with a zinger

What a horror. Novelist Stephen King boldly predicted that Trump supporters will deny voting for the two-time president in the decades to come as the White House swatted away the comments from the long-time Trump-hater. The “Carrie” scribe, 77, told UK newspaper The Sunday Times that President Trump’s loyal base will one day turn their…

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Bank of America sees two US Fed rate cuts this year vs none before

Bank of America sees two US Fed rate cuts this year vs none before

[NEW YORK] Economists at Bank of America forecast two US Federal Reserve interest-rate cuts this year, in September and December, based on weak August employment data, scrapping what had become an outlier call for no action until next year. “There is now clearer evidence of deterioration in labour demand, not just supply,” Aditya Bhave said…

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Two Marquette men’s lacrosse players killed in Milwaukee car crash

Two Marquette men’s lacrosse players killed in Milwaukee car crash

Two players on the Marquette men’s lacrosse team were killed in a car crash Friday night in Milwaukee near the school’s campus. University officials confirmed that Noah Snyder and Scott Michaud were the players who died in the wreck. “Please keep Noah and Scott’s parents, siblings and families, and the Marquette Athletics and college communities…

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Disney races to keep promises made in launch of ESPN online

Disney races to keep promises made in launch of ESPN online

[NEW YORK] Three weeks after ESPN launched an online version of its pay-TV network, parent Walt Disney is racing to cut deals with cable providers so viewers can see all of what’s on the new service. Called ESPN, the sports platform was launched with fanfare on Aug 21, offering the TV network’s programming and more…

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Exclusive | Bernie Sanders town hall at Brooklyn College ‘political event’ to boost Mamdani, critics say: ‘Oligarchy my ass’

Exclusive | Bernie Sanders town hall at Brooklyn College ‘political event’ to boost Mamdani, critics say:  ‘Oligarchy my ass’

Critics ripped Brooklyn College for using its public campus to host what amounts to a partisan event to boost socialist Zohran Mamdani’s bid to become NYC mayor. The “Fight Oligarchy” Town Hall hosted by Sen. Bernie Sanders (D-Vermont) set for Saturday night at Brooklyn College’s Leonard & Claire Tow Center for the Performing Arts crosses…

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