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Ozempic Risk, Higher Rates Fuel Short Bets on Restaurant Stocks - BNN Bloomberg

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Short sellers have boosted their bets against restaurant stocks in the past month, with concerns swirling that higher interest rates will pinch consumers’ wallets and weight-loss drugs will impact their behavior.

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jobs report for SeptemberEconomy adds 64K jobs in September, unemployment rate holds steady at 5.

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JPMorgan, Citi Prepare for Fed’s Higher-For-Longer Approach: US Earnings Week Ahead - BNN BloombergJPMorgan Chase & Co. is expected to have outperformed Citigroup Inc. and Wells Fargo & Co. in profitability when the three banks report quarterly earnings this week, though all lenders face challenges from a slow economy and high interest rates.
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