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United Auto Workers President Shawn Fain has recently intensified his criticism towards Stellantis CEO Carlos Tavares, accusing him of engaging in price gouging practices that detriment consumers. Fain also pointed out the alleged failure of Stellantis to uphold certain aspects of the union’s labor contract with the automaker. These accusations have sparked a heated debate
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The demand for power from data centers is expected to triple by 2030, driven by the increasing use of artificial intelligence. According to Mizuho Securities, data centers will require 400 terawatt hours, or 50 gigawatts annually, which will represent about 9% of total U.S. electricity demand. The report also predicts that renewables will play a
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China’s financial risks have supposedly decreased, according to People’s Bank of China Governor Pan Gongsheng. The central bank’s efforts are aimed at helping China achieve its growth targets for the year, with a focus on maintaining supportive monetary policies. Despite the positive outlook, concerns about high debt levels in the real estate sector, particularly with
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As retirement approaches, investors are often warned about a looming threat known as the “sequence of returns risk.” This risk, also called “sequence risk,” stems from poor investment returns paired with withdrawals, especially in the early years of retirement. The detrimental impact of this combination can lead to a significant reduction in your retirement nest
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