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What a difference a day makes! After a two-week correction of nearly 5%, the S&P 500 (SPX) spent the first part of last week rallying in anticipation of a friendly Fed meeting. That Fed meeting Wednesday produced the expected, namely that a rate cut in September was likely. That pushed…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bangladesh’s Prime Minister Sheikh Hasina has resigned, a senior military official has said, after thousands of protesters descended on the capital demanding her ousting in a dramatic culmination of weeks of demonstrations.Bangladesh…

Until recently, I’ve never been enamored with the notion of living a longer-than-average lifespan. Perhaps this is because my primary observation was that old age didn’t look all that appealing. I’d observed grandparents, great aunts and uncles, and aged family friends face a seemingly hyperbolic hill of discomfort, disease, and,…

Warren Buffett’s Berkshire Hathaway slashed its stake in tech giant Apple by nearly 50%, according to Berkshire’s second quarter earnings report released on Saturday. Berkshire Hathaway disclosed its holdings in Apple were valued at $84.2 billion at the end of the quarter, dropping from 790 million shares to 400 million…

Introduction Things aren’t going so well anymore. The AI-fueled tech rally has stalled, and all eyes are now on the “real” economy, which is showing some serious cracks. The just-released unemployment numbers, for example, came in much lower than expected, with nonfarm payrolls indicating just 114 thousand new jobs in…

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