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Wall Street Futures Climb as Alphabet Wins Key Antitrust Ruling; Jobs Data in Focus

  U.S. stock futures rose on Wednesday, led by gains in tech heavyweights after a favorable court ruling for Alphabet. The S&P 500 and Nasdaq futures advanced, while Dow futures were little changed ahead of closely watched labor market data. Alphabet shares jumped over 5% in premarket trading after a Washington judge ruled the company will not be forced to sell its Chrome browser but must share certain data with rivals. The decision also allows Google to continue lucrative payments to Apple, sending the iPhone maker’s stock higher. Analysts said the ruling removes a major legal overhang for Big Tech and signals a preference for pragmatic remedies over structural breakups. Investors are now turning their attention to the Job Openings and Labor Turnover Survey (JOLTS) report, due later in the morning, as part of a week packed with employment data culminating in Friday’s nonfarm payrolls. Weakness in recent jobs reports has fueled expectations of a September interest rate cut, ...
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Leveraging Higher Interest Rates for Better Savings

When it comes to savings, higher interest rates can significantly benefit your financial goals. The key is to take advantage of these favorable rates and maximize your savings potential. Firstly, consider opening a high-yield savings account with a reputable bank or credit union that offers competitive interest rates. These accounts often provide better returns than traditional savings accounts, allowing your money to grow faster over time. Next, explore guaranteed investment certificates (GICs), as they tend to offer even higher interest rates in exchange for locking in your money for a specific period. While it may require some patience, the increased returns can be well worth the wait. Additionally, consider refinancing high-interest loans or credit card debts to lower-rate options, reducing the overall interest burden and freeing up more funds for savings. By staying informed about the current financial market and being proactive in seeking out the best interest rates, you can make your savings work harder for you and achieve your financial objectives more effectively.





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