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Apple shares fall after China reportedly considers probe into App Store newsthirst.

Apple shares fell on Wednesday after Bloomberg reported that Chinese regulators are considering whether to open a formal probe into the iPhone giant’s App Store fees and policies. Shares of Apple were down 2.66% at 09:34 a.m. London time in premarket trading. The State Administration for Market Regulation (SAMR) is looking into policies that include…

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Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds newsthirst.

Philip Jefferson speaks during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, D.C., U.S., on Feb. 3, 2022. The U.S. Senate on Wednesday voted overwhelmingly to confirm Philip Jefferson, an economist and Davidson College’s dean of faculty, to the Federal Reserve Board. Ken Cedeno | Bloomberg | Getty Images EASTON, Pa….

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Spotify shares pop 13% after company reports first profitable year newsthirst.

Spotify’s Co-founder and CEO Daniel Ek attends a live recording panel at Acquired, a technology podcast, at the Chase Center in San Francisco, California, U.S., Sept. 10, 2024. Laure Andrillon | Reuters Spotify shares climbed 13% on Tuesday after the music streaming company recorded its first full year of profitability, closing the fiscal year with…

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Job openings decline sharply in December to 7.6 million, below forecast newsthirst.

Job openings slid in December while hiring, voluntary quits and layoffs held steady, the Labor Department reported Tuesday. Available positions tumbled to 7.6 million, the lowest since September, and below the Dow Jones estimate for 8 million, the Bureau of Labor Statistics said in its monthly Job Openings and Labor Turnover Survey. The decline left…

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