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Business News

Location American Business News for 9 August 2023
How atomic bombs work and why Manhattan Project scientists designed two types of bombs during WWII Atomic bombs work via nuclear fission. When enough radioactive material undergoes fission it triggers a chain reaction, causing a massive explosion.
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Victoria's Secret taps ex-'Angels' Gisele Bündchen, Naomi Campbell, Adriana Lima Former Victoria's Secret "Angels" Gisele Bündchen, Adriana Lima, and Naomi Campbell were among the supermodels starring in the lingerie brand's latest campaign.
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'Evil Dead Rise' Fleshes Out Halloween Horror Nights' Hell-Raising Lineup The film's writer-director Lee Cronin exclusively discusses his pride at seeing his nightmarish vision brought to life on a whole new level.
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Dave Portnoy paid $1 to buy back Barstool Sports from Penn Penn Entertainment, a casino and online gambling operator, paid a total of about $550 million to acquire 100% control of Barstool.
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Cleared your home loan? here's what you can do next

livemint.com - 9 Aug 2023 19:04
Cleared your home loan? here's what you can do next It's time to celebrate when the home loan is finally paid off after years of servicing EMIs, or equated monthly instalments. There is jubilation, and relief.
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Some sellers say a 'delivery date based reserve' has kicked in and is 'crippling' their businesses.
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Investors are 'sleepwalking' into market turmoil and a recession early next year, top economist Steve Hanke warns Complacent investors expect a "soft landing" for the US economy, but the full impact of a shrinking money supply hasn't been felt yet, Hanke said.
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Obama Foundation has its best fundraising year yet, with assets near $1 billion Construction continues on the Obama Presidential Center in Chicago's Jackson Park.
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4 eBay Scams You Should Know About

Small Business Trends - 9 Aug 2023 10:30
4 eBay Scams You Should Know About If you use eBay, you should be in the know about the main eBay scams doing the rounds. Here's everything you need to know.
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AWS is launching a new, fully virtual global educational and informational program tailored directly toward pre-seed startup founders.
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Brown: Fed dragging feet on merger review process

American Banker - 9 Aug 2023 21:14
Brown: Fed dragging feet on merger review process Senate Banking Committee Chair Sherrod Brown, D-Ohio, and other committee Democrats told the Federal Reserve that the agency isn't considering financial stability enough in its review of bank merger applications.
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Will Humana Stock See Higher Levels After A 15% Rise In A Month? Despite its recent rise, HUM stock appears to have more room for growth, as discussed below This 35% rise in HUM stock since late 2019 can be attributed to 1.
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Flutter Entertainment, the gambling company, struck a maiden profit at its U.S. business led by FanDuel, highlighting its motivation for a Wall Street listing.
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Oil Climbs, Stocks Fall in Muted Trading

Wall Street Journal - 9 Aug 2023 22:28
Rising oil prices lifted energy stocks Wednesday during an otherwise downbeat session.
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XBTC Coin is Up 30,000% Today But Crypto Experts are Saying This Lesser-Known Project is the Next Crypto to Explode In the latest jaw-dropping DEX skyrocket, Bitcoin spin-off token XBTC has exploded up +30,000%, but is all as it seems as experts warn it could be a scam. The alluring pump comes on the tail-end of a wider interest in Bi...
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23 Countries Apply for BRICS Membership as Leaders Prepare to Convene at Summit South Africa, the host of the BRICS summit this year, has published a list of 23 countries that have applied to become members of the economic bloc. Moreover, South African President Cyril Ramaphosa has invited 67 leader...
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ESPN Enters Sports Gambling in $2 Billion Deal With Casino Company ESPN Bet will be operated by Penn Entertainment, which said it was selling its platform's previous brand, Barstool Sports, back to its founder.
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Fed tells banks to get permission before offering stablecoin services The Federal Reserve has outlined the process state member banks must follow before issuing, redeeming or holding stablecoins. The agency also says it will create an examination process to monitor novel activities.
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Analyst Discusses US-BRICS Power Shift -- Warns of Dollar Dominance Ending A think tank analyst says the U.S. dollar’s dominance may be coming to an end as countries position themselves for a new international system. "As the reliance on U.S. dollars diminishes, central banks will begin dumpi...
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US regulators fine Wall Street firms $549 million in latest texting probe US regulators on Tuesday fined nine Wall Street companies, including Wells Fargo, BNP Paribas and Société Générale $549 million over employees’ use of personal messaging apps to discuss deals, trades and other busi...
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Exclusive: A veteran FBI agent told Congress that investigations into Giuliani and other Trump allies were 'suppressed' The FBI agent's bombshell allegations of political bias appeared in a leaked statement made to the Senate Judiciary Committee.
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US stocks fall as investors brace for July CPI report

Business Insider - 9 Aug 2023 22:04
US stocks fall as investors brace for July CPI report August has been tough for investors, with stocks losing steams as headlines disrupt a strong rally that's pushed indexes higher for most of the year.
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