fears

Queen Elizabeth II during an inspection of the Balaklava Company, 5 Battalion The Royal Regiment of Scotland at the gates at Balmoral, as she takes up summer residence at the castle. Picture date: Monday August 9, 2021

New health fears for Queen, 96, as her traditional welcome to Balmoral Castle ‘is axed

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The Queen has ‘cancelled her traditional welcome to Balmoral Castle’ and will instead host a ‘small, private event’ amid growing concerns over her health. The monarch, 96, arrived at the Aberdeenshire estate in late July and had been planning to attend the event up until just a few days ago. But the event was yesterday …

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Fuel cell-powered truck maker Hyzon's stock suffers record plunge after accounting questions raise delisting fears

Fuel cell-powered truck maker Hyzon’s stock suffers record plunge after accounting questions raise delisting fears

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Shares of Hyzon Motors Inc. were suffering a record plunge toward a record low Friday, after the maker of fuel cell-powered trucks disclosed a “myriad of issues,” including accounting regularities that will cause it to miss the filing deadline for second-quarter results. That prompted a number of analysts to back away from their bullish stances, …

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Dow Jones Up Despite Fed Fears After Jobs Report; Biden Bill Progress Lifts Solar; Tesla Stock Falls

Dow Jones Up Despite Fed Fears After Jobs Report; Biden Bill Progress Lifts Solar; Tesla Stock Falls

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The Dow Jones Industrial Average reversed higher and indexes were off their lows after a shockingly hot July jobs report raised Fed rate hike fears. Solar plays that include SolarEdge (SEDG) were mostly positive, reacting to progress on the Biden spending bill. Tesla (TSLA) fell even though shareholders approved a 3-for-1 stock split. Meanwhile, a …

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U.S. labor market defies recession fears as job growth surges in July

U.S. labor market defies recession fears as job growth surges in July

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Nonfarm payrolls increase 528,000 in July Unemployment rate falls to 3.5% from 3.6% in June Average hourly earnings rise 0.5%; up 5.2% year-on-year Participation rate falls to 62.1% from 62.2% in June WASHINGTON, Aug 5 (Reuters) – U.S. job growth unexpectedly accelerated in July, lifting the level of employment above its pre-pandemic level and pouring …

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Oil drops with dollar on recession fears; Wall Street ends mixed

Oil drops with dollar on recession fears; Wall Street ends mixed

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Oil hits pre-Ukraine lows as demand outlook worsens Bank of England expects recession throughout 2023 Treasury yield curve inversion deepens Dollar drops; sterling slides against euro OTTAWA, Aug 4 (Reuters) – Crude oil sank with Treasury yields and the dollar on Thursday as recession worries intensified following the Bank of England’s warning of a drawn-out …

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Retailers still opening stores despite recession fears

Retailers still opening stores despite recession fears

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The biggest shopping mall owners in the United States say retailers are still forging ahead with plans to open new stores in spite of growing recession fears and decades-high inflation that’s squeezing shoppers’ budgets. Simon Property Group, the country’s largest mall owner, said the pipeline of businesses slated to open up at its properties remains …

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