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The economy slowed to 1.5 percent growth in the second quarter, the Commerce Department said Thursday, but other indicators suggest the economy remains solid.
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Apple posts record June quarter powered by iPhone sales and tariff refunds Fox BusinessApple's Profit Is Up 27%, but Expectations for Current Quarter Disappoint The New York TimesApple posts record June quarter as iPhone sales surge; Cook weighs in on AI, China Fox Business
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Live updates: Saudi Arabia says 14 countries backing maritime alliance to protect shipping routes CNNSaudi Arabia forms Red Sea defense coalition to protect against Houthi attacks The HillIran War Live Updates: Egypt Attack Threatens to Expand War as U.S. and Iran Trade Strikes The New York TimesSaudi Arabia prepares sea and possible land offensive against Houthis The Guardian
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Apple earnings live updates: iPhone, AI and Tim Cook's final CEO call CNBCApple beats Q3 estimates on strong iPhone sales, but China, Services come up short Yahoo! Finance CanadaApple's Profit Increases 27 Percent, Topping Wall Street Expectations The New York TimesApple revenue, profits beat expectations on iPhone, Mac sales Reuters
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Kevin M. Warsh has made controlling inflation the top priority of his tenure as Federal Reserve chairman. But his hesitancy to embrace the possibility of higher borrowing costs has sparked a backlash.
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Uefa agrees to boycott Fifa competitions if World Cup sell-off plans proceed The GuardianUEFA vows World Cup boycott as Concacaf rejects FIFA private equity plan ESPNStatement on behalf of Concacaf and its 41 Member Associations Concacaf | Official WebsiteEuropean soccer leaders to boycott the World Cup in an unprecedented step NPR
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Providing value for free is the growth strategy that's outlasted every algorithm change.
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Father of US teen school shooter sentenced to 15 years for providing gun The GuardianApalachee High shooter's dad, Colin Gray, gets 15 years in prison AJC.comApalachee school shooting: Judge sentences Colin Gray for negligence as parent of shooter WSB-TVColin Gray: Father of Georgia school shooter sentenced to 15 years in prison in landmark murder case
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Gross domestic product grew at a slower rate in the second quarter and persistent price pressures are unsettling financial markets.
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The restaurant company provided no update on the cyclospora outbreak tied to Taco Bell restaurants is affecting its business.
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Topic: FuturismInventionsPeople love and hate Daylight Savings Time. Or more to the point, they hate the transition to and from it, particularly the spring one where you get 1 hour less sleep. It's even been tracked that traffic accidents go up after this shift.
There's a virtue to DST, though. We've become a night culture, and many of us get up well after sunrise and stay up well into dark, wasting hours of daylight every day. DST reduces that, though if you start the day too soon, you are rising and commuting in darkness. In the "energy crisis" they made year-round DST and many complained their kids were going to school in the dark. Of course, you can just resolve to get up earlier, or later, as you like, and control your own day, but many people must work on dictated schedules, and everybody wants to be in sync with those around them.
In the era before clocks, people tended to wake around sunrise each day. Indeed, the dawn twilight is what woke them up. Then they stayed up for 16 hours. In summer, it was 16 hours of day. In winter, they would get what daylight there was, then stay up into the night. Each day, they got up with the sun, arising at a different time, a few minutes earlier than before from December to June, a few minutes later the other half of the year. This is the natural clock that we evolved to, and is probably best for us.
Japan
Before contact with the west, Japan used a very different system. The day was divided into 12 "hours" or
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Shell's profits for this quarter doubled year on year, as multinational energy companies enjoy a windfall as a result of soaring gas prices since the Iran war.
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Like at peers Goldman Sachs and JPMorgan Chase, a massive beat in equities trading drove the quarter's outsized results.
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