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Sunak wins race to become UK prime minister without a vote

Former UK finance minister Rishi Sunak is to become the UK's next prime minister after a public and private battle with colleagues to follow Liz Truss.Sunak was was the

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Euro near dollar parity: Causes, impact and what's next

The euro has hovered around a parity on the dollar, as inflation is rampant and concerns about economic recession in the euro zone are growing. The official currency u

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Macron names Elisabeth Borne as new French Prime Minister

French President Emmanuel Macron on Monday named Elisabeth Borne as the new Prime Minister, making her only the second woman to hold the position in the country's histo

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Investment legend Peter Thiel to step down from Meta Platforms board

Billionaire venture capitalist Peter Thiel will leave Facebook parent Meta's board, the firm said Monday, after a lengthy tenure that saw the network's rise and his voc

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We’re focusing on fintech at TechCrunch Disrupt 2021

Do you dig digital currency? Dream about decentralized finance, need to know NFTs? Maybe you’re just crypto-curious. Heck, check “all of the above” and get ready to focus on fintech at TechCrunch Disr

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Robinhood on Wall Street: What it means for online traders

04:20 On Jul 29, online stock trading platform Robinhood, which played a major part in the GameStop stock frenzy at the beginning of 2021, went public on Wall Street, with an initial pu

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Regulations can define the best places to build and invest

Market timing — how relevant an idea is to the current state and direction of a market — is the most important factor in determining the durability of that idea.Several inputs inform market timing: Th

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How redlining shaped Black America

03:06 Redliningwas a housing policysanctioned for some 40 yearsin the U.S. - through the late 1960s - that kept Blacks and other minorities from owning homes and building wealth.Though

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Famine forces people to eat bugs in Madagascar

01:59 A massive drought has hit the south of Madagascar. Communities are on the verge of starvation. All the while, a record number of people became millionaires during the pandemic. Th

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Carrie Lam: Hong Kong to support RMB internationalization, provide financing services

Hong Kong can support the internationalization of the renminbi (RMB) and provide diversified financing services for companies on the Chinese mainland, Chief Executive o

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EU says J&J to miss vaccine supply target in second quarter

Johnson & Johnson is expected to miss its COVID-19 vaccine supply target to the European Union for the second quarter after millions of doses were banned for use in Eur

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Tech antitrust crusader Lina Khan is confirmed as FTC commissioner

The Senate confirmed big tech critic and prominent antitrust scholar Lina Khan as FTC Commissioner Tuesday, signaling a new era of scrutiny for the tech industry. Khan was confirmed in a 69-28 vote, w

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Robotic landscaping startup Scythe emerges from stealth with $13.8M raise

Founded in 2018, Scythe Robotics is emerging from stealth today by announcing an $13.8 million Series A raise. The round was led by Inspired Capital and features True Ventures, Zigg Capital and Lemnos

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New Disney live show set to premiere

A new Disney live show production, Mickey's Storybook Adventure, will debut at the Walt Disney Grand Theatre on June 15.The ambitious new in-park live theater show will open to the general public

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Racial wealth gap remains a growing problem across the US

03:41 The racial wealth gap in the U.S. and the chronic under-investment in black businesses was the focus of a conference onTuesdayin Tulsa.It took place just a short distance from the

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Biden announces measures to narrow racial wealth gap

U.S. President Joe Biden addresses the ceremony of the centennial anniversary of the Tulsa race massacre at the Greenwood Cultural Center in Tulsa, Oklahoma, U.S., June 1, 2021. /Reuters U.S.

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Truebill raises $45 million for its personal finance app

Personal finance startup Truebill has raised a $45 million Series D funding round led by Accel. This comes just a few months after the company raised a $17 million Series C. Overall, the startup has r