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September 10, 2024 • Bank of America will pay hourly workers at least $24 per hour — a big jump from early 2019, when it paid $15 per hour. It has launched a sequence of pay raises because the trade struggles to fill financial institution teller jobs. China is poised to chop interest rates on greater than $5 trillion of excellent mortgages as early as this month, according to folks conversant in the matter, because it accelerates a move to reduce the borrowing prices for millions of households to spur consumption. Kamala Harris and Donald Trump sparred over abortion, the economy, and which world leaders love them greatest at their first presidential debate.

Business News

You’ll learn from experts and your peers who construct and use the functions, cloud infrastructure, databases, developer tools, and AI providers that help clear up complicated business challenges in every business. Register now at oracle.com/cloudworld or comply with the news and dialog at oracle.com/news and linkedin.com/company/oracle. Overcapacity of Chinese electrical automobiles is among the prime issues going through European firms in the nation, the president of a business lobby Business News warned Wednesday, decrying “huge waste” in some key sectors. Bangladesh Submarine Cables PLC yesterday obtained approval to concern 2.21 crore odd shares in opposition to the government’s share money deposit of Tk 166 crore, which was supplied when the company arrange its second submarine cable for rising web bandwidth. The interim government yesterday appointed an administrator to the Federation of Bangladesh Chambers of Commerce and Industry as its president had resigned amid a section of businesspeople demanding its board’s dissolution within the wake of final month’s political changeover.