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TikTok Faces Barrage of Lawsuits Around Teens and Mental HealthMore than a dozen states sued TikTok on Tuesday for creating an app designed to be addictive to youngsters and teenagers. Harris Proposes Medicare Benefits for Home Care, Vision and HearingThe vice president’s well being care plan is meant to help Americans who’re struggling to search out reasonably priced house care for themselves or aging relatives. U.S. Budget Deficit Rises to $1.8 Trillion in 2024New estimates from the Congressional Budget Office present persevering with fiscal pressure, despite regular economic progress. NetChoice, backed by tech giants including Meta and Google, has efficiently argued in court docket that Big Tech hosts protected speech. An activist and municipal councilor for a Hungarian opposition celebration disrupted a news conference within the French metropolis of Strasbourg, as Prime Minister Viktor Orbán was laying out plans for Hungary’s presidency of the European Union. An undercover investigation discovered that California tenants who held Section eight housing vouchers have been refused rental contracts by greater than 200 landlords, including main actual estate firms.

JPMorgan Chase & Co. chief government Jamie Dimon says he is still contemplating whether he’ll make an endorsement for the presidential election subsequent month. The oil advertising firms on Tuesday announced a hike in the prices of economic LPG gasoline cylinders, efficient from at present , according to the sources. The Reserve Bank of India’s Monetary Policy Committee wrapped up its three-day deliberations right now, deciding to keep up the repo rate at 6.5 per cent for the fourth consecutive time this fiscal 12 months and the tenth time overall. Wall Street’s three main indexes closed down round 1 per cent on Monday while Treasury yields rose, as merchants tamped down bets for Federal Reserve interest-rate easing and worried about the Middle East battle’s influence on oil costs. FTX obtained courtroom approval of its chapter plan on Monday, which can permit it to fully repay customers using as a lot as US$16.5 billion in assets recovered because the once-leading crypto trade collapsed. October 2, 2024 • TikTok could start shutting down in the us as quickly as January 19 of next yr.

A bipartisan group of 14 U.S. attorneys common from throughout the country filed lawsuits on Tuesday towards TikTok, alleging that the platform has “addicted” young individuals and harmed their mental health. A new report from the Canadian Chamber of Commerce is sending a stark warning ahead of the U.S. presidential election, saying protectionist policies like Donald Trump’s proposed tariffs might injury economies on both sides of the border. A new report mentioned the damage rates in warehousing and supply grew “significantly faster” than the rate throughout industries.

Each week we alternate between an interview with an organization leader and an industry deep dive. Sit down for lunch and walk away with a contemporary take on the share market, firms you possibly can put cash into, and the future of business. New Zealand’s central bank cuts charges by zero.5 share factors, and economists say extra cuts are coming. A new report says August rental rates fell in some of Canada’s largest and priciest markets to proceed a months-long pattern while costs rose in smaller markets.

Budget carrier SpiceJet on Wednesday stated it has amicably settled a USD 132-million dispute with plane leasing agency Babcock & Brown Aircraft Management . The Indian unit of the Korean carmaker is reportedly offering a discount of Rs 186 per share to eligible staff within the IPO. The ASX200 has dropped zero.1 per cent, with losses by shopper discretionary and tech companies outweighing features by goldminers and oil producers. The Dow has posted a record closing excessive Business News and the Nasdaq ended with a more than a per cent acquire as a stronger-than-expected jobs report reassured investors who had worried the economic system could also be getting too weak. UOB, one of city-state’s oldest lenders, hits candy spot with youth across the area after buying Citibank’s consumer banking operations and partnering with global superstar Taylor Swift.

Inflation and higher interest rates have eroded Canadians’ purchasing energy since 2022, significantly for lower-income households, a brand new report from the parliamentary budget officer has discovered. Statistics Canada says the nation posted a merchandise commerce deficit of $1.1 billion in August as decrease oil prices weighed on exports. The company said by the early 2030s it’ll contribute virtually half of the projected electric battery manufacturing capability required for the UK automotive sector. October 7, 2024 • Maryland’s Montgomery County is constructing mixed-income apartments in which people who can afford to pay market rate allow different renters to pay less.