Markets Now Thursday, July 11, 2024

Your bank is about to reveal key information about the US economy’s health

The United States’ biggest banks are in the hot seat this week to offer insight into the state of the American economy.  
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Huma Abedin is engaged to George Soros’ son Alex

Huma Abedin, former aide to former Secretary of State Hillary Clinton, is engaged to Alex Soros, son of billionaire liberal donor George Soros.  
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Tractor Supply warned climate change and a lack of diversity would hurt business. Now it’s ignoring those risks

As recently as February, Tractor Supply Co., known for selling animal feed, pet food and lawn and garden equipment to hobby farmers, told investors that climate change was a significant threat to its business.  
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Biden administration announces $1.7 billion to convert auto facilities for EV manufacturing

The White House on Thursday said it would hand out $1.7 billion to help convert shuttered or at-risk auto manufacturing and assembly facilities to make electric and hybrid vehicles.  
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Pressure is building on Wall Street’s most powerful woman to pull Citi out of the gutter

Three years ago, as the long-struggling Citigroup was in a tailspin over a billion-dollar fat-finger error, the bank announced its next CEO, Jane Fraser.  
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iPhone users in Europe will no longer have to use Apple Pay for mobile payments

Apple has yielded to pressure by European regulators to give rivals access to the contactless payments technology on iPhones, meaning that their users will no longer be limited to the Apple Pay mobile wallet.  
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Source: CNN Business