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The cost of cocoa, a key ingredient in chocolate production, has been steadily increasing, reaching record-breaking levels in recent months. Despite this surge in prices, there has been no significant decrease in demand for cocoa-based products. Analysts have cited the compulsive nature of cocoa purchases by consumers as one of the main reasons for this
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In the realm of college admissions, Harvard University has once again solidified its status as the ultimate “dream” school for aspiring college applicants. Despite facing challenges that tarnished its reputation, such as the resignation of Harvard President Claudine Gay amidst allegations of plagiarism, the Ivy League university has managed to surpass last year’s top choice,
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Goldman Sachs has introduced a new concept of stock baskets based on corporate asset intensity, defined as the ratio of assets to revenues. This innovative approach has led to the creation of two distinct baskets – one consisting of asset-light stocks and the other comprising asset-heavy stocks. According to Goldman Sachs, the asset-light stocks have
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Alphabet’s Waymo has received approval from the California Public Utilities Commission to expand its robotaxi service to parts of Los Angeles and the Bay Area. This approval allows Waymo to begin offering driverless passenger services in specified areas of Los Angeles and the San Francisco Peninsula. The expansion of Waymo’s service has sparked concerns among
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The recent announcement of Ford electric vehicle owners being able to utilize Tesla Superchargers marks a significant shift in the strategy of Elon Musk’s Tesla. This partnership, along with a similar agreement with General Motors, signifies a departure from the exclusivity that Tesla’s charging network once held. Ford CEO, Jim Farley, expressed optimism about the
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President Joe Biden expressed his hopes for a cease-fire in the Israel-Hamas conflict by the following week during a press conference in New York City. He mentioned that his national security advisor has informed him that the negotiations are close, but not yet finalized. The White House has been actively engaging in cease-fire negotiations, with
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