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China injects  billion stimulus for financial sector amid fears over sluggish growth

China’s Finance Ministry will inject billions into its largest banks and insurers, as Beijing moves to shore up balance sheets and sustain growth in a slowing economy, Bloomberg reported on Sunday.The source said at least eight financial institutions are seeking $53.6 billion in fresh capital, with the Ministry of Finance providing more than 80% of the funding.The latest stimulus plan is aimed at helping China bolster the ability of its financial sector to invest in the…

Finance news

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Business

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Checkers & Rally’s is leaning into value as Americans remain squeezed by higher everyday expenses, with the fast-food chain’s CEO saying consumers’ demand for affordability has intensified over the past couple of years. The chain is offering a $4 Unbeatable Meal Deal, priced at $5 in select markets, as restaurants…

Markets

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Job applicants are hiding secret AI messages in their résumés

Last month, Paul Lee was reviewing applications for a legal and compliance job at the small technology company he leads when his screening software flagged an anomaly.Hidden in one of the hundreds of résumés he received was a block of roughly 1,500 characters typed in white text on a white…

Investing

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