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Sterling tumbled against the dollar to below $1.09, hitting its lowest point since 1985, after UK chancellor Kwasi Kwarteng on Friday unveiled a £45bn debt-financed tax-cutting package that sparked a historic increase in borrowing costs. Kwarteng’s political and economic gamble includes the biggest set of tax cuts for 50 years, with the end of the
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Researchers pored through a years worth of Benzinga Analyst Ratings data, looking for signals. Data specialists at investment dashboard provider Toggle.ai uncovered that the analyst insights Benzinga Pro subscribers and Benzinga readers regularly receive can successfully be used as trading indicators to outperform the stock market. "In the same way Benzinga originates news for its
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Vladimir Putin has ordered the mobilisation of army reservists to support Moscow’s ailing campaign in Ukraine and warned that he would use Russia’s nuclear arsenal if its “territorial integrity” was “threatened”, declaring: “This is not a bluff.” The warning, which sparked immediate alarm in Washington and elsewhere, came as Putin claimed the west wanted to
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Nato has accused Moscow of escalating its war on Ukraine after Kremlin allies in occupied territories announced referendums to join Russia and the country’s parliament approved legislation that clears the way for military mobilisation. Four Moscow-controlled regions in Ukraine will hold votes this week, a step that the Kremlin has resisted to date and which
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Benzinga is hosting atwo-day crypto eventat New York Citys Pier Sixty, Dec. 7-8, 2022. The likes of Kevin OLeary and Anthony Scaramucci, as well as leaders at DriveWealth, Prime Trust, Synctera, and beyond, will talk about controversial topics, perspectives on opportunities, and threats in fintech, as well as share insight into how theyre monetizing on
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Cooper University Hospital in Camden will undergo a massive $2 billion expansion that could take a decade to complete and will increase the number of people the facility will be able to treat. The projects announcement Monday drew some of New Jerseys most notable officials, including Gov. Phil Murphy and his predecessor, former Gov. Chris
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