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...L’Oréal urges every customer to splurge on its products “because you’re worth it”. Investors may now wonder whether the €225bn French hair and skincare behemoth deserves its lofty valuation....
...Any delay in Fed rate cuts may also hit the president’s re-election hopes. At present, investors expect the Fed to cut rates by September and possibly more than once by the end of the year....
...They’re between £2 and £4, and I think they are the best value in London. It’s very difficult to buy homemade, nutritious non-fast food any cheaper....
...Branded Akavi, they’re made by Nicola Vignini, a waiter in the busy trattoria on the ground floor of ‘t Huys whose side hustle is making clothes and crocheting....
...wrote recently in Foreign Affairs....
...“Then all the messages you get are consistent with each other and you’re comfortable.”...
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...“It’s something we’re very concerned about,” he said. “We will make that clear in the talks.”...
...Pistorius said the measures would re-establish the Bundeswehr “for a new, old challenge”....
...“These days, when you go shopping, they have your email address, and you’re getting surveyed even before you walk out of the store,” Anderson said. “So we’re competing with all of that.”...
...Referring to US companies, Yellen said: “We’re providing tax subsidies to some of these sectors and I wouldn’t want to rule out other possible ways in which we will protect them.”...
...A new rise in US inflation is undermining Joe Biden’s re-election message, threatening the president’s effort to defend his economic record in a crucial phase of the campaign against Donald Trump....
...“We’re waiting to become more confident that inflation is moving sustainably to 2 per cent,” Powell said....
...“We’re doing the best of anybody,” Powell said. “We’ve got the strongest growth and the lowest inflation of the advanced economies.”...
...“We’re not overreacting, but we are reacting,” he said in response to a question following the speech. “We take [the recent news on inflation] very seriously.”...
...Claire Jones So its forecast for Russian growth in 2024 has been upgraded in a massive way. It’s now expecting the Russian economy to grow by 2.6 per cent in 2024....
...Soaring global borrowing costs have led to sharp falls in housing prices from New Zealand to Sweden. Not so in the US, where prices have risen 30 per cent in nominal terms since Biden took office....
...“It seems like they’re always trying to create more opportunities for folks at various levels, not just waiting for them to have the big job,” says former State Street ETF boss Jim Ross....
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...“When another agency or government offers them $1 more to work for them they’re gone,” Turner said....
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