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Breaking: Davido’s Manager Asa Asika Is Officially Off The Market!
~0.2 mins read

Davido’s manager Asa Asika is officially off the market.

Asika is officially engaged to his heartthrob amidst his friends and love ones.

Click to watch

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Instablog9ja
Lady Left Speechless After Discovering Her Partner’s Infidelity Just Four Days Into Their Relationship
~0.2 mins read

A lady has been left speechless after discovering her partner’s infidelity just four days into their relationship.

She said her partner ch£ating on her four days into the relationship is insane.

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Investopedia
Top Stock Movers Now: Uber, Adobe, Etsy, And More
~1.1 mins read

Major U.S. indexes rose at midday Friday as a report on consumer sentiment showed inflation expectations fell to their lowest level since the end of 2020. The Dow, S&P 500, and Nasdaq all gained.

Etsy (ETSY) shares climbed as the Biden administration took steps to limit tariff exemptions that often benefit Chinese e-commerce companies. The news sent U.S.-listed shares of Alibaba Group (BABA) and Temu parent PDD (PDD) lower.

Shares of Uber Technologies (UBER) advanced after the ride-share provider said it would expand its partnership with Alphabet-owned (GOOGL) autonomous vehicle technology firm Waymo to offer driverless car rides in Austin, Texas and Atlanta, Georgia. Alphabet shares were higher as well.

Adobe (ADBE) shares slumped after the software maker gave weaker-than-expected guidance for the fiscal fourth quarter, despite reporting strong-than-expected results for the third quarter.

Shares of Moderna (MRNA) dropped as JPMorgan downgraded the stock following the vaccine maker’s announcement that it was slashing its research and development budget.

Oil and gold futures rose. The yield on the 10-year Treasury note declined. The U.S. dollar lost ground to the euro, pound, and yen. Prices for most major cryptocurrencies climbed.

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Hours Before Being Neutralized By Nigerian Troops, T3rrorist Kingpin Halilu Buzu Appeared On TikTok, Urging His Associates To Stop Targeting Poor Civilians And To Focus Their F+ght On The Military
~0.3 mins read

Hours before being neutralized by Nigerian troops, t3rrorist kingpin Halilu Buzu has appeared on TikTok, urging his associates to stop targeting poor civilians and to focus their f+ght on the military.

The t3rrorist has spoken in his Hausa dialect as he addresses his fellow t3rrorist to focus their f+ght on the military.

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Investopedia
Consumers See Prices Dropping—And They Feel Better About The Economy
~1.8 mins read

Consumers felt better about inflation in September, with some seeing improved prices for big-ticket items, a closely watched sentiment survey showed.

The Michigan Consumer Sentiment Index moved up to 69 in the preliminary September results, moving higher for the second straight month as survey respondents had better expectations for both the economy and their personal finances. Economists surveyed by and were expecting a more modest 68.4.

“The gain was led by an improvement in buying conditions for durables, driven by more favorable prices as perceived by consumers,”  said Joanne Hsu, director of the University of Michigan Surveys of Consumers. 

Hsu said that consumers perceived some softening in the labor market. Job growth in August was lower-than-expected. 

“Consumers are dialed in to the economy more than usual, feeling the effects of the lower goods prices and the softening jobs market,” said Robert Frick, corporate economist with Navy Federal Credit Union.

Consumer sentiment has been lifted by a decline in inflation and now stands roughly 40% higher than its June 2022 low, when inflation as measured by the Consumer Price Index (CPI) peaked at more than 9%. The August CPI, the most recent reading, has moderated to an annual rate of 2.5%.

Inflation expectations fell for a fourth straight month, with consumers now seeing prices rising 2.7% over the next year, the lowest reading since December 2020 and around pre-pandemic levels.

Federal Reserve officials closely follow consumer inflation expectations, which can turn into self-fulfilling projections as wage-payers and price-setters will act on where they perceive prices are going to go. 

Fed Chair Jerome Powell has said that consumers’ perceptions of inflation is one reason that price pressures have been easing this year. Economists believe that the central bank will lower interest rates at its meeting next week.

Compared to the Conference Board’s similar Consumer Confidence Index survey, which is more sensitive to the labor market, the Michigan survey is more influenced by prices and inflation. 

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Ibadan Man Sentenced To One Year In Prison For Stealing Beans
~0.6 mins read

A Grade ‘A’ customary court in Ibadan on Friday sentenced a 20-year-old man, Samuel John, to six months in prison for stealing beans worth N20,000. 

The court’s president, Sukurat Yusuf, sentenced Mr John after he pleaded guilty to two-count charges of housebreaking and stealing. 

Ms Yusuf sentenced Mr John without an option of fine and held that the convict should be kept in the Agodi Correctional facility in Ibadan. 

The prosecutor, Philip Amusan, had told the court that Mr John committed the offences on September 2 at about 6:00 p.m., in the Omi-Adio area, Ibadan.  Mr Amusan said the convict broke into the house of Felicia Oni and stole the beans. He said the offences contravened sections 411 and 390(9) of the Criminal Laws of Oyo State, 2000.

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