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Canadian Dollar declines as falling crude prices overshadow weaker US Dollar

USD/CAD gains traction on Wednesday as easing Oil prices pressure the Canadian Dollar, offsetting the impact of a softer US Dollar as traders digest fresh headlines surrounding a potential US-Iran peace deal. At the time of writing, the pair is trading around 1.3834, hovering near six-week highs.Investor sentiment improved after…

The US is dangerously exposed to drone attacks, a detection company warns, saying it’s concerning just how easy they are to arm and launch

The US isn’t ready to detect and defend against hostile drone attacks, a detection company warned, echoing concerns raised by others about a growing threat.Drones have become a defining weapon in Ukraine and a growing threat in the Middle East, underscoring how cheap, accessible systems can create serious security challenges abroad and at home.Companies working on counter-drone technology warn that the US isn’t ready to meet the threat.”I’m very concerned,” Kristian Brost, the general manager…

Finance news

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Business

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Toyota recalls 43,500 Tundra trucks after engine debris raises stall risk

Toyota is recalling more than 43,000 of its 2024 Tundra pickup trucks because debris left behind during the manufacturing process could contaminate the engine and increase the risk of a crash, according to the National Highway Traffic Safety Administration (NHTSA). The recall affects approximately 43,566 model year 2024 Toyota Tundra…

Markets

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Don’t use AI when emailing Paul Graham

Dear founders: your emails read different. Is it AI?Paul Graham is a titan of the startup space. He cofounded Y Combinator, Silicon Valley’s hottest startup accelerator. He also coined “founder mode,” the management philosophy that’s swept tech in recent years.He’s noticed a trend that worries him: people using AI to…

Investing

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