Tiny Love Stories: ‘Irritated by the Drama of Her Effort’

Boeing Co. Down 4%

Shares of The Boeing Company (BA) are down 4 percent on Tuesday’s trading despite their being no company-specific news to impact the stock.

Currently at $151.48, the stock has traded between $113.02 and $233.94 during the past 52 weeks.

Unity Software Tanks 11% After AppLovin Withdraws $18 Bln Buyout Offer

Shares of gaming software maker Unity Software Inc. (U) are down 11 percent on Tuesday’s trading after software company AppLovin Corp. (APP) withdrew its buyout offer for the former. Earlier in August, Unity had decided to turn down AppLovin’s buyout proposal of $18 billion.

Unity Software will now proceed with its planned purchase of IronSource Ltd. (IS) as announced earlier.

Currently at $37.51, the stock has traded between $29.09 and $210.00 during the past 52 weeks.

9 Great Godard Films to Stream Now

From the youthful New Wave excitement of “Breathless” to the experimental works of his old age, Godard changed cinema.

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By Noel Murray

Stemtech Stock Tanks 43%

Shares of Stemtech Corporation (STEK) are tanking over 43% on Tuesday morning despite no stock related news from the company to hurt the shares.

STEK is currently trading at $1.19, down $0.9100 or 43.3333%, on the Nasdaq. The stock opened its trading at $2.10 after closing Monday’s trading at $2.05. The stock has traded between $1.09 and $11.50 in the past 52-week period.

Stemtech is a stem cell nutrition company that develops science-based products to help the body maintain healthy stem cell physiology in the Americas, Latin America, and Asia.

Irish Regulator Fines Meta $400 Mln For Breaking Data Protection Laws

The Data Protection Commission, Ireland’s data privacy regulator, has reportedly fined Meta (META) the parent company of Instagram, a record fine of 405 million euros ($402 million) after the social media platform broke data protection laws.

According to reports, the fine was related to Meta violating the General Data Protection Regulation and how the data of children on the app is handled.

The report says that Instagram allowed users aged between 13 and 17 to operate business accounts on the platform, which showed the users’ phone numbers and email addresses. The DPC also found the platform had operated a user registration system whereby the accounts of 13-to-17-year-old users were set to “public” by default.

The DPC regulates Meta on behalf of the entire EU because the company’s European headquarters are in Ireland.

A DPC spokesperson said: “We adopted our final decision last Friday and it does contain a fine of €405 million. Full details of the decision will be published next week.”

Thirty-Year Bond Auction Attracts Above Average Demand

The Treasury Department announced the results of this month’s auction of $18 billion worth of thirty-year bonds on Tuesday, revealing the sale attracted above average demand.

The thirty-year bond auction drew a high yield of 3.511 percent and a bid-to-cover ratio of 2.42.

Last month, the Treasury sold $21 billion worth of thirty-year bonds, drawing a high yield of 3.106 percent and a bid-to-cover ratio of 2.31.

The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.

The ten previous thirty-year bond auctions had an average bid-to-cover ratio of 2.33.

On Monday, the Treasury announced the results of this month’s auctions of $41 billion worth of three-year notes and $32 billion worth of ten-year notes.

The three-year note auction attracted modestly above average demand, while the ten-year note auction attracted below average demand.

Gold Futures Settle Notably Lower As Dollar Rises After Inflation Data

Gold prices drifted lower on Tuesday as the dollar climbed after data showing hotter-than-expected U.S. inflation raised concerns the Fed will be aggressive with interest rate hike at its upcoming policy meeting next week.

The dollar index, which was down at 107.68 in the European session, climbed to 109.72 later on in the day, lifted by the U.S. inflation data.

Gold futures for December ended lower by $23.20 or about 1.3% at $1,717.40 an ounce.

Silver futures for December ended down by $0.369 at $19,491 an ounce, while Copper futures for December settled at $3.5555 per pound, down $0.0550 from the previous close.

Data from the U.S. Labor Department showed the consumer price index inched up by 0.1% in August after coming in unchanged in July. Economists had expected consumer prices to edge down by 0.1%.

Compared to the same month a year ago, consumer prices were up by 8.3% in August, reflecting a slowdown from the 8.5% spike in July. However, economists had expected the annual rate of growth to slow to 8.1%.

Meanwhile, the annual rate of growth by core consumer prices accelerated to 6.3% in August from 5.9% in July. The annual rate of growth was expected to rise to 6.1%.

CME Group’s FedWatch Tool is currently indicating a 78% chance of a 75 basis point rate hike and a 22% percent chance of a 100 basis point rate hike.

Tiny Love Stories: ‘Irritated by the Drama of Her Effort’

Modern Love in miniature, featuring reader-submitted stories of no more than 100 words.

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