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BBCNEWS World Business Report June 4, 2024 05:31:00

So let s get down to business and we begin in the us where the central bank has raised interest rates by 0.25%, leaving the benchmark overnight rate in a range of 4.75 to 5%. that marks the fed s ninth increase since the start of its current tightening cycle, as the fight against rampant inflation collides with a financial sector crunch. michelle fleury is on fed watch for us in washington. the us federal reserve said the us banking system remains sound and resilient even as it warned that the set the s troubles could drag down economic growth. america s central bank raised funds that expect consumer and business funds. ....

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'Close to thin ice': Looming credit crunch puts pressure on Fed

Financial Times: The Fed navigates a dangerous tightrope as banking turmoil continues. ....

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BBCNEWS Sportsday June 4, 2024 18:35:00

12 months ending injanuary, total prices rose 54%. excluding the volatile food and energy categories. core pce prices rose 47%. the 12 want to change in the cpi came in at 6%. ,, , 6%. studio: as we - 6%. studio: as we get. 6%. srumo: - as we get familiar with 6%. srumo: as we get familiar with the 6%- studio: as we get familiar with the outlook, let s take you out of this of this press conference byjerome powell. it s the ninth increased since it started its current cycle, and the issue here in america is the high inflation versus the financial sector crunch. having a bit of a turn for the worse. the turmoil we ve seen in the banking system may ....

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Crunch time for Credit Suisse talks as UBS seeks...

Talks over rescuing Credit Suisse CSGN.S rolled into Sunday as UBS AG UBSG.S sought $6 billion from the Swiss government to cover costs if it. ....

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CNN Glitch The Rise Fall of HQ Trivia June 4, 2024 00:09:00

roger, 11. it certainly looks like you re well on your way now. but when you get acquired, you give up control. happy birthday to you. happy birthday dear unfortunately, when vine wasn t quite growing fast enough and twitter, its parent company was in a cash crunch, it shut down vine. twitter is shutting down the vine video app and laying off 350 people. which shocked the internet and stranded tons of creators who had built their livelihood on the app. hey bud, heard about vine. vine s shutting down. thank you guys for following me for the last few years. after twitter shut down vine, founder rus yusupov famously tweeted, don t sell your company. i think rus tweet, it just showed, you know, instant regret. ....

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