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...Christine Ressy, an expert stylist who specialises in colour at Sara June salon in Brooklyn, says the disruption wrought by Covid “kind of reset our psyches”....
...Almost 40 per cent of companies in the blue-chip S&P 500 index have mentioned AI or related terms in earnings calls in the latest financial quarter, according to data from Alphasense....
...It was not clear whether Blinken would see Xi, whom the US secretary of state last met in Beijing in June last year....
...US stocks ended mixed on Friday as Treasury yields edged higher, but the S&P 500 managed to chalk up its longest weekly winning streak since June....
...While that already eclipses 2022’s total of $8.6bn, it is only a shadow of the $154bn raised in the boom of 2021....
...“You can never step into the same river twice,” said Chen. “The world is changing and the geostrategic scenarios are quite different.”...
...Software companies have begun to push AI-driven products to comply with European legislation that comes into force in June 2025, say several businesses that provide their clients with a bespoke service,...
...Consumer confidence: US consumer confidence is expected to have risen in June, with economists forecasting the Conference Board’s index rising to 104 in June from 102.3 in May....
...Wall Street’s benchmark S&P 500 closed down 1.2 per cent at its lowest level since mid-July. The technology-focused Nasdaq Composite dropped 1.1 per cent....
...Quarter end: Today’s closing bell on Wall Street marks the end of the week, month and the June quarter....
...Investors expect the ECB to start cutting its benchmark deposit rate from an all-time high of 4 per cent at its meeting on June 6....
...Cruise lines Royal Caribbean and Carnival are two of the 10 most heavily shorted companies in the S&P 500 but have confounded short sellers’ expectations by more than doubling in value so far this year....
...Vanke still has an investment-grade rating at S&P and Fitch, the latter of which downgraded it in October, citing weak sales....
...Economists expect the US economy to have added 225,000 jobs in June, down from 339,000 in May....
...Energy was the S&P 500’s worst-performing sector....
...Two-year Treasury yields, which track interest rates closely, dropped 0.16 percentage points to 4.55 per cent, their lowest since early June....
...In fact, CPI — in year-over-year terms — has moved up from 3 per cent last June to 3.2 per cent as of this past February....
...The implied probability of a first cut by June has risen to about 80 per cent, from 50 per cent at the start of the week. Pricing is similar for the Fed, with cuts forecast to begin in June or July....
...“The risk that the first [interest rate] cut this year is delayed past June is clearly rising.”...
...Fed minutes: Investors will be looking for insights into the Federal Reserve’s decision in June to pause its series of interest rate rises when the minutes from the policy committee’s most recent meeting...
...S&P 500 futures fell 1.3 per cent....
...A 34-year-old engagement manager was more blunt: “This is a job for partner[s and] a bunch of juniors . . . [it] makes no sense to work here unless you are on a partner track.”...
...Other maps and charts from the war June 2023: Destruction of Kakhovka dam Following the destruction of the Kakhovka dam in southern Ukraine on June 6, floodwaters devastated towns and villages downstream...
...Thursday included banks, Micron and Occidental Petroleum: Shares of US banks including Wells Fargo, JPMorgan Chase and Bank of America climbed between 2.1 per cent and 4.5 per cent and helped lead the S&...
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