Friday , 2 January 2026

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Sainsbury’s hikes pay, offers food to cash-strapped staff

  Bloomberg J Sainsbury Plc has become the latest British retailer to unveil a “cost of living support package” that it says will help staff cope with the steepest inflation in decades. The UK’s second-biggest supermarket will lift pay by 25 pence ($0.34) an hour and offer free food and other discounts for employees, it said. Inflation has already moved …

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Futures advance, dollar extends slide before key inflation data

  Bloomberg US equity-index futures advanced ahead of key inflation data which was expected on Tuesday. Treasury yields dipped and the dollar extended a decline. Contracts on the S&P 500 and Nasdaq 100 climbed about 0.6% each after the S&P completed its best four-day surge since June following robust pre-order data for Apple Inc’s iPhone 14 Pro Max. The Bloomberg …

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Dollar dive fuels debate if currency’s rally coming to end

Bloomberg The dollar’s pullback in recent days is prompting speculation about whether the currency’s relentless march higher is coming to an end. There is nonetheless a reluctance to write it off just yet. After surging by more than 10% this year, the Bloomberg dollar index has tumbled close to 2% from the all-time peak it hit even as expectations for …

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