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The Latest Breaking News from Jefferies

Chegg’s shares tumbled nearly 50% after the edtech company said its customers are using ChatGPT instead of paying for its study tools

A.I. chatbots are killing Chegg’s business as the edtech company tries to add A.I. to its services to stay competitive.

Fortune

The U.S. economy is facing a $18 billion monthly 'student loan cliff'

When student loan payments resume, cash-strapped households will pull back on consumer spending.

Fortune

How pandemic favorite Etsy plans to retain growth as consumers tighten wallets

Etsy is seeing business slowdown after a pandemic surge.

Fortune

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Forget inflation, Jefferies says to watch out for a 'disinflation era' like the early 1980s

When former Fed Chair Paul Volcker hiked interest rates to quash inflation in the early 80s, a recession and disinflation followed. Jefferies sees a similar fate for the economy this year.

Fortune

Best Stocks to Buy Now

Our list of the best stocks to buy now reflects the lesson of the past few years: Be ready for anything.

Kiplinger

Tech Insider: Xiaomi President to Step Down, TuSimple Plans to Cut Staff by 25%

Hackers threaten to blackmail Nio, EV-maker launches urban-navigation system in Shanghai

Caixin Global

Xiaomi to Slash 10% of Workforce Amid Declining Revenue

Chinese smartphone giant idles 3,500 as inflation and slowing economies depress global and domestic demand, leading to red ink

Caixin Global

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Peru protests snarl supply routes to key mines, industry body says

A wave of political protests in Peru related to the ouster of former leader Pedro Castillo is affecting supply routes to key copper mines in the Andean nation, the world's no. 2 producer of the red metal, raising a potential risk to production.

Reuters

All eyes are on Tuesday's crucial inflation report. Here's how the Fed, the economy, and markets may respond

Investment banks see inflation falling in November, but that may not be enough to protect the U.S. economy from a recession.

Fortune

‘If you’re in tech, buckle up—it’s gonna be a tough ride’: The analyst who says Big Tech's layoffs show 'a new reality' sees 'more cuts' ahead

“The new reality is that demand is fading,” Jefferies analyst Brent Thill told Fortune. If we're headed for a recession, “it’s only inevitable that we’re going to have more cuts.”

Fortune

Startups Look for Ways to Bring Down the Cost of Green Hydrogen

Companies are pouring a lot of money into the idea that hydrogen can help decarbonize the fossil-fuel-based economy.

Bangkok Post

Right-Wing Protectionism is Costing Texas

Laws banning the state from doing business with banks that are dubbed anti-fossil fuel or anti-gun could cost 100s of millions in interest.

Texas Observer

Apple Lures China iPhone Customers With Deep Discounts But Sales Stutter Amid Domestic Weakness: Report

Apple Inc.’s (NASDAQ: AAPL) iPhone 14 sales in China are taking a hit as consumers tighten their purse strings amid e

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 12, 2022

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Benzinga

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For October 10, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 26, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 20, 2022

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Axios

The war for your teeth

Millions of dollars in legal bills and aggressive marketing have piled up.

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 15, 2022

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Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 13, 2022

Upgrades See all analyst ratings upgrades.

Benzinga

Why Allena Pharmaceuticals Tumbled Over 30%; Here Are 85 Biggest Movers From Yesterday

Gainers Shuttle Pharmaceuticals Holdings, Inc. (NASDAQ: SHPH) shares jumped 91.3% to close at $28.50 on Tuesday amid post-IPO volatility.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 6, 2022

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WEKU

A new work anxiety: Will I be penalized for working from home?

In the "new normal" of the hybrid workplace, are remote and in-person workers going to be treated equally? It's a matter of hot debate right now.

Reuters

Climate change, scarcity chip away at degrowth taboo

Degrowth - the idea that a finite planet cannot sustain ever-increasing consumption - is about the closest you can get to a heresy in economics, where growth is widely held as the best route to prosperity.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For July 21, 2022

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