Amazon Talking To Diamond Sports

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🏀 🏈 Amazon.com Inc. is in talks with Diamond Sports Group and some of its creditors to invest in the bankrupt regional-sports broadcaster and partner on streaming
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Chinese Investors Avoid Mutual Funds

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🇨🇳 🇨🇳 Chinese retail investors are turning their backs on mutual funds. The amount of money that mutual funds raised this year has plummeted to the lowest in a decade
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BodA—Bond Losses Have Narrowed

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🇺🇸 🇺🇸 Bank of America Bond Losses Narrowed From Rally to Estimated $100 Billion. Berkshire, which owns about one billion shares, or 13%, of the bank’s stock, hasn’t added to its holding this year
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CAD Traders Listen Up

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🇨🇦 🇨🇦 BMO says rate cuts by the Bank of Canada are set to begin once headline inflation reaches the mid-2% level
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Fed’s Daly: We Will Be Quite Restrictive

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🇺🇸 🇺🇸 Fed’s Daly: We “will still be quite restrictive even if we [cut] three times next year”
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AUD Traders Listen Up

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🇦🇺 🇦🇺 AUD/USD – RBA Minutes Confirm Hawkish Hold As Rate Hike Was Considered
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Scammers: Singapore Acts

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🇸🇬 🇸🇬 Singapore: Use of non-bank, non-card channels for remittances to China suspended
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FedEx Reports Earnings Today

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🚨 🚨 FedEx reports quarterly numbers today after the bell. The stock is up 62% so far in 2023, and it’s up 13% since FedEx reported three months ago
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Apple Halts US Sales Of Smartwatches

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🇺🇸 🇺🇸 Apple Inc. will stop selling the latest versions of its smartwatch in the US due to a patent dispute, taking some of its best-selling devices off the market during the busy holiday season
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Nippon Steel Buys US Steel

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🇯🇵 🇺🇸 Nippon Steel Corp. will buy United States Steel Corp. for $14.1 billion to create the world’s second-largest steel company — and the biggest outside of China — with a key role in supplying American manufacturers and automakers
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