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Asia stocks dip as the Fed signals low rates for years; Australia’s August jobs data ahead – CNBC

Investor reaction to recent announcements from the Fed was watched, as members of the U.S. central bank’s policymaking committee indicated the overnight rate could stay close to zero for years to reach its 2% inflation target.

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SINGAPORE Stocks in major Asia-Pacific markets mostly traded lower Thursday morning as investors react to overnight developments from the U.S. Federal Reserve.
Japan’s Nikkei 225 slipped 0.14% in early trade while the Topix index hovered above the flatline. South Korea’s Kospi shed 0.18%.
In Australia, the S&P/ASX 200 traded slightly lower.
Overall, the MSCI Asia ex-Japan index shed 0.13%.
On the economic data front, Australia’s employment data for August is expected to be out at around …

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Metro-North workers had a hidden ‘man cave’ under Grand Central where they napped, drank beer and watched TV, watchdog says – The Washington Post

The inspector general’s office for the Metropolitan Transportation Authority discovered the room in August 2019 after receiving an anonymous tip that workers were going there to “hang out and get drunk and party,” the agency watchdog said Thursday.

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The inspector generals office for the Metropolitan Transportation Authority discovered the room in August 2019 after receiving an anonymous tip that workers were going there to hang out and get drunk and party, the agency watchdog said Thursday. The investigation into the room took a year due, in part, to work disruptions during the coronavirus pandemic, a spokeswoman said.
Many a New Yorker has fantasized about kicking back with a cold beer in a prime piece of Manhattan real estate, especially…

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Nikola shares fall to new low on Wedbush downgrade, analyst says stock too risky to own – CNBC

Nikola shares tumbled Thursday to a record low since the company’s public debut in early June after Wedbush downgraded the electric truck maker’s stock to underperform from neutral.

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Trevor Milton CEO of Nikola
Nikola shares tumbled Thursday to a record low since the company’s public debut in early June after Wedbush downgraded the electric truck maker’s stock to underperform from neutral.
Shares sank to as low as $16.15 before recovering and trading above $20 at midday. Recently, the stock was down more than 8% at $19.39. The company’s stock price has been roughly cut in half following fraud allegations made two weeks ago in a report by short-selling firm Hindenburg Resea…

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Walmart Announces an “All-New Black Friday Experience”—Here’s What to Expect – Yahoo Lifestyle

Holiday savings will start earlier than ever this year.

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COVID-19 has changed almost every aspect of our day-to-day lives, and for lovers of fashion  who rely on the endorphin hit that comes from discovering, coveting, and showcasing new duds  2020 can feel like a permanent timeout from one of our favorite pursuits. Sequestered in our homes for days on end and isolated from our social circles, what has once been the highlight of our day getting dressed seemed like a frivolous endeavor. Many of us wondered, Without a need to be seen, would all recreati…

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Nikola shares fall to new low on Wedbush downgrade, analyst says stock too risky to own – CNBC
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Walmart Announces an “All-New Black Friday Experience”—Here’s What to Expect – Yahoo Lifestyle
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Bet You Didn’t Expect Halloween Candy to Sell Like This – Newser