China’s latest economic data release has revealed a mixed bag of results for July. While retail sales managed to grow more than expected by 2.7%, industrial production fell short of forecasts with a 5.1% increase. This disparity between the two key sectors of the economy indicates a divergence in consumer demand and manufacturing output, reflecting
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The Federal Trade Commission recently made a significant decision to ban marketers from using fake reviews, including those generated by artificial intelligence technology, to promote their products and services. This ruling, which was unanimously approved by all five FTC commissioners, will take effect 60 days after it is published in the Federal Register. The goal
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Starbucks recently announced their decision to bring in Brian Niccol as the new CEO and Chair, offering him a substantial pay increase and one-time awards to entice him to leave his previous position at Chipotle Mexican Grill. Niccol’s main responsibilities include boosting sales, enhancing customer experience, and addressing challenges in the company’s China division. The
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The Texas maternal mortality and morbidity review committee, established with the goal of tracking and studying maternal deaths and near-misses, recently made a controversial decision to appoint an anti-abortion activist physician to a position meant for a rural community member. Dr. Ingrid Skop, who has a history of anti-abortion advocacy and legal actions against mifepristone,
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Inflation rates rose as anticipated in July, primarily driven by an increase in housing-related costs. According to a recent report from the Labor Department, the consumer price index (CPI) saw a 0.2% uptick for the month, resulting in a 2.9% annual inflation rate. Economists had predicted a 3% annual rate, but the actual figure fell
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