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US inflation likely eased in August -- but not enough
US inflation likely eased in August -- but not enough
by  AFP

US inflation likely slowed in August, largely thanks to falling gasoline prices, but not enough to satisfy policymakers, especially President Joe Biden, as high prices continue to inflict pain on American families and businesses. While Americans will welcome relief at the pump, from the steady drop in gasoline prices, high costs for food and housing continue to strain family budgets.

Peiter 'Mudge' Zatko: The wild card in Musk's clash with Twitter
Peiter 'Mudge' Zatko: The wild card in Musk's clash with Twitter
by  AFP

Respected in cybersecurity circles, former Twitter security chief Peiter "Mudge" Zatko is a wild card in Elon Musk's legal gambit to break a $44 billion deal to buy the social network. - 'Big problems' - "If Mudge says Twitter has cybersecurity problems, Twitter has big problems," said Vectra cybersecurity firm chief technology officer Aaron Turner, who says he has known Zatko since the 1980s.

Stock markets rally, as euro briefly surges
Stock markets rally, as euro briefly surges
by  AFP

Stock markets rallied Monday, building on last week's momentum as investors priced in the expectation of further interest rate hikes aimed at taming decades-high inflation. Investors worldwide are awaiting key US consumer price data for August, due Tuesday, with the annual inflation pace expected to ease to eight percent -- still well above the Fed's target of two percent.

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