Netflix will ‘continue to evolve’ its pricing model but loves ‘the low price point’ of its $6.99 ads plan
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Chile Economic Activity Beats Forecasts as Markets See New Interest Rate Cut
(Bloomberg) — Chile’s economy expanded at the fastest pace in six months in July as investors bet the central bank will resume its cycle of gradual interest rate cuts to…
Oil Gets Lift From Libyan Force Majeure Declaration at Key Field
(Bloomberg) — Oil extended gains after Libya declared force majeure at a key oilfield amid widening shutdowns that have wiped out close to a million barrels from daily global supplies.…
Crucial jobs report kicks off a new month: What to know this week
After a whipsaw month of market action, the S&P 500 (^GSPC) logged its fourth-straight winning month to end August. For the month, the S&P 500 added nearly 2.3% while the…
US rights watchdog cites
KAMPALA, Uganda (AP) — Oil activities on the shores of Uganda’s Lake Albert have triggered widespread suffering among locals facing forced displacement and other violent abuses, a U.S. climate watchdog…
Author Q&A: How to find joy in hard times
For Steven Petrow, 2017 wasn’t a year to celebrate. Both of his parents died, he separated from his husband, and his sister, Julie, was diagnosed with stage four ovarian cancer.…
Indonesia’s inflation stays within central bank range in Aug
By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia's annual inflation rate was 2.12% in August, essentially unchanged from 2.13% in July, official data showed on Monday, holding comfortably within…
New unproductive forces: the Chinese youth owning their unemployment
By Laurie Chen BEIJING (Reuters) – After quitting the education industry last August due to China's crackdown on private tutoring, He Ajun has found an unlikely second life as an…
Oil extends losses on prospect of higher OPEC+ supply
By Florence Tan SINGAPORE (Reuters) – Oil prices extended losses on Monday with investors weighing higher OPEC+ production from October against a sharp drop in output from Libya amid sluggish…
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- September 1, 2024
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Major Changes Coming for Medicare Drug Program: Negotiated Prices, Cap on Out of Pocket and Creditable Coverage
Some major changes are on the way for Medicare beneficiaries regarding drug costs. Due to the Inflation Reduction Act, the federal government now will have the ability to negotiate the…
Pimco, GMO Refine EM Playbook as Fed Cuts Set to Shake Up Market
(Bloomberg) — Top-performing emerging-market bond managers are recalibrating positions as the most anticipated US interest rate cut in decades brings fresh impetus to an asset class buffeted by nearly $15…