TSMC and Samsung in talks with UAE to build chip megafactories, WSJ reports
Discussions are still in the early stages, according to the outlet.
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UK Finance Minister Reeves vows no austerity despite tough budget
Following Labour’s election victory in July, Rachel Reeves suggested taxes were likely to rise in her first budget on Oct. 30.
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A stunning sterling rally is about to collide with Britain's political realities
The pound’s rally on the back of the Bank of England communication “looks fully justified,” Chris Turner, global head of markets at ING, said.
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CNBC Daily Open: Some aren't convinced of a soft landing
Last week’s burst of euphoria was mostly driven by anticipation and celebration of the Fed’s rate cut. Markets this week will look at the hard data coming out.
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Gen Z and millennials are increasingly ‘doom spending.' Here's what it is and how to stop it
‘Doom spending’ is taking off among young people, as life goals such as owning a home or starting a family feel increasingly out of reach.