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As meme stock mania fizzles, Wall Street sees ‘big reckoning’

Bloomberg The day-trading Reddit crowd turned the first quarter of 2021 into one of the wildest periods of stock market mania in modern history. Books — plural — will undoubtedly be dedicated to the topic in years to come. But after these small-time speculators banded together to drive up dozens of obscure stocks by hundreds or even thousands of percent ...

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UAE government, Microsoft advance women’s empowerment efforts

DUBAI / WAM Ohood bint Khalfan Al Roumi, Minister of State for Government and the Future, has reaffirmed the UAE government’s commitment towards supporting global efforts in bridging the gender gap, achieving balance, and ensuring equal opportunities between women and men in various fields, through promoting partnerships between government and private sectors. Minister Al Roumi stated, in her keynote speech ...

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Biden says with infrastructure bill US may add 19 million jobs

Bloomberg President Joe Biden said the sweeping infrastructure proposal he unveiled this week would result in 19 million jobs created over the next decade as the US seeks to emerge from the pandemic. “Independent analysis shows that if we pass this plan the economy will create 19 million jobs,” Biden said in remarks at the White House. “Good jobs, blue ...

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