US intelligence official indicates Russia prefers Trump as election victor

    WASHINGTON (Reuters) -The United States has not seen a shift from previous U.S. elections in Russia’s preference for the winner of the 2024 presidential vote, a U.S. intelligence official said on Tuesday, indicating that Moscow favors Republican Donald Trump. The official, briefing reporters on U.S. election security, did not name the former president and presumptive…

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    Adobe forecasts downbeat quarterly earnings on cautious tech spending

    (Reuters) – Photoshop maker Adobe forecast fourth-quarter earnings below analysts’ estimates on Thursday, signaling stiff competition and soft demand for its AI-integrated editing tools amid challenging economic conditions. Shares of the company fell 9.2% in extended trading. High interest rates and a tough economy have led enterprises and individuals to focus on cutting costs, putting…

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    Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit

    By Mike Scarcella (Reuters) – Visa and Mastercard have agreed to pay $197 million to resolve a class action by millions of consumers accusing the financial payment companies of keeping cash access fees artificially high. The plaintiffs’ lawyers revealed the proposed accord on Wednesday in a filing in Washington, D.C., federal court. The settlement involves…

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