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Amex and JPMorgan Plan Major Credit Card Updates

The rivalry between top-tier premium credit cards is intensifying as JPMorgan Chase and American Express prepare major updates to their flagship products. Both issuers aim to attract affluent customers with expanded perks and benefits, potentially raising annual fees in the process. JPMorgan
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Intel gets a lift from Musk’s Terafab partnership

Chipmaker joins a high-profile project in Texas Intel has secured a new role in Elon Musk’s expanding hardware and artificial intelligence network, announcing that it will join the Terafab AI chip complex project being developed with SpaceX and Tesla. The agreement links
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Musk And Altman Face Trial Over OpenAI

A Silicon Valley Feud Enters Court A long running dispute between Elon Musk and Sam Altman is set to move into a California courtroom, placing one of the technology sector’s most consequential companies under legal and financial scrutiny. The trial begins on
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China Exports Beat Forecasts On AI Demand

Trade data shows unexpected strength China’s trade performance proved stronger than expected in May, helped by robust demand for artificial intelligence-related products, semiconductors and other high-tech goods. The figures offered a rare bright spot for the world’s second-largest economy, which continues to
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Canadian Hantavirus Patient Recovers

Positive case discharged from hospital A Canadian traveller who tested positive for hantavirus after leaving a cruise ship linked to an outbreak has recovered, according to health officials in British Columbia. The patient was discharged from hospital late last week, the Office
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Canadian dollar hits new 2026 low

The Canadian dollar ended Monday at its weakest closing level of the year, falling to 71.67 cents U.S. as pressure continued to build on the currency. Economists at National Bank of Canada pointed to an unusual driver behind the decline: gold. While
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Dollar Holds Near Two-Month High

Jobs Data Strengthens The Dollar The U.S. dollar held near a two-month high on Monday after a stronger-than-expected jobs report pushed traders to increase bets on a Federal Reserve rate hike later this year. The yen remained under pressure and moved deeper
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Canada’s Recession Debate Intensifies

Recession Talk Returns In Canada The word “recession” dominated economic and political conversations in Canada this past week. Recent data has offered a mixed picture of the Canadian economy, with some analysts arguing that the country may have entered a technical recession
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TD Joins Office Return Trend Amid Desk Shortage

Major Banks Push for In-Person Work—But Offices Strain Canada’s banking sector is shifting gears on hybrid work. Toronto-Dominion Bank is the latest institution requiring employees to return to corporate offices four days a week, joining RBC, BMO, and Scotiabank in a coordinated
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