Adobe announced a $23 billion share buyback, which coincided with its stock reaching record highs, raising questions about timing and strategy.
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Economics
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Bank of Canada holds key rate steady in fifth consecutive decision
The Bank of Canada has kept its benchmark interest rate steady for the fifth straight decision amid economic uncertainties and global pressures.
US Producer Prices Rise at Fastest Pace in More Than Three Years
US producer prices rose 6.5% in May, the fastest increase in over three years, driven by inflation pressures from ongoing geopolitical tensions.