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    US Labor Market Steadily Slowing; Wholesale Inventories Revised Down

    The number of Americans filing new claims for unemployment benefits increased moderately last week, suggesting that the labor market was gradually losing momentum as higher borrowing costs curb demand in the broader economy.


     

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    Google Unveils AI Model Called Gemini
    Alphabet's Google has released Gemini, the “largest and most capable AI model” the company has ever built. Google is hoping to catch up to industry leader OpenAI. Bloomberg's Simone Foxman reports.
    Dec 07, 2023

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