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Some of the biggest losing stocks in 2024 could be in for even steeper declines as investors jettison them to save on taxes, according to Morgan Stanley. Such moves, known as tax loss harvesting, helps investors trim their tax bills the next year. Boeing pressure Beleaguered aerospace company Boeing was also called out by Morgan Stanley as likely to see pressure tied to tax loss selling. Morgan Stanley also called out oil service giant Halliburton . Other names on Morgan Stanley's list include Chord Energy , Simply Good Foods and timeshare operator Hilton Grand Vacations .
Persons: Morgan Stanley, Michelle Weaver, Morgan, Jackson Ader, Ronald Epstein, who's, Epstein, Keith Mackey Organizations: Nasdaq, Wall, Computer, Adobe, Boeing, Alaska Airlines, Bank of America, Aerospace, Defense, Halliburton, RBC Capital, HAL, Energy, Hilton Locations: Alaska, Seattle
The Georgia Supreme Court on Monday reinstated the state’s six-week abortion ban while it reviews an appeal from the state of a lower court ruling that had struck down the law. The state Supreme Court's decision, however, left in place the lower court’s ruling blocking a separate provision of the law that had given state prosecutors broad access to the medical records of abortion patients without due process protections. The state's near-total abortion ban, known as the LIFE Act, was signed by Republican Gov. Brian Kemp in 2019 but didn’t take effect until July 2022, after it faced a legal challenge and the U.S. Supreme Court’s reversal of Roe v. Wade. Last week, a judge in Fulton County, Georgia, struck down the state’s six-week abortion, allowing the procedure to resume and almost immediately making it legal up to 22 weeks of pregnancy.
Persons: Brian Kemp, Roe, Wade, Robert McBurney, ” McBurney, Court’s, , Amber Nicole Thurman, Candi Miller, Kamala Harris, Miller, Thurman, ProPublica, Kwajelyn Jackson, , Jaylen Black, Amber Thurman, Organizations: Georgia Supreme, LIFE, Republican Gov, U.S, Women’s Health Center Locations: Georgia, U.S ., Fulton County , Georgia, Fulton County
In Week 5, scoring returned — and, in several cases, it happened in some of the oddest and most unexpected ways. The Jacksonville Jaguars’ Tank Bigsby was first hit 14 yards from the end zone by one Indianapolis Colts tackler and appeared to be wrapped up by another at the 11. Yet, with two teammates pushing him forward, he wound up with a touchdown instead of a short gain, a score that became part of Jacksonville’s first victory. Two minutes before halftime, Green Bay Packers quarterback Jordan Love dropped back into his end zone and was shoved with two hands — but not sacked for a safety — by a chasing Rams defender. Officially, he went 101 yards, 18 yards longer than Seattle’s previous franchise record for a fumble return.
Persons: , Bigsby, Jordan Love, Still, Love, Deommodore Lenoir, Patrick Surtain II, Gardner Minshew, Minshew, Minshew’s, Aidan O’Connell, Lamar Jackson, Isaiah, Eric Gray, Gray, Rayshawn Jenkins, Jenkins, Isaiah Simmons, Bryce Ford Organizations: NFL, Jacksonville Jaguars, Indianapolis Colts, Green Bay Packers, Rams, San Francisco 49ers, San, Las Vegas Raiders, Denver Broncos, Raiders, Baltimore Ravens, Cincinnati, Sunday, Seahawks, Giants, Seattle, Wheaton Locations: Jacksonville’s, Los Angeles, San Francisco, Arizona, Seattle
The second quarter of the NFL season began Sunday with some key matchups — an important AFC North showdown, a potential playoff preview between AFC contenders, a pivotal divisional battle in the NFC West and more. Texans get statement win over the BillsIs Houston the biggest challenger to the Kansas City Chiefs in the AFC? The Cardinals escaped with a 24-23 win in San Francisco on Sunday despite trailing by 10 in the fourth quarter. Niners kicker Jake Moody was injured in the second quarter, which played a factor in the loss. Seattle’s loss keeps both the 49ers and Cardinals within one game of the division lead.
Persons: Stroud, Josh Allen, Lamar Jackson, Joe Burrow, Burrow, Jackson, Derrick Henry, Jordan Mason, Brock Purdy, Kyle Shanahan, Kyler Murray, Purdy, Jake Moody, San Francisco, Arizona —, Daniel Jones Organizations: NFL, AFC, NFC, Texans, Bills, Houston, Kansas City Chiefs, Buffalo, Jets, Dolphins, AFC East, Chiefs, Ravens, Bengals, Baltimore, Cincinnati, 49ers, The Cardinals, Sunday, Francisco, San, Giants, Seahawks, Cardinals, Seattle, New York Giants Locations: Buffalo, The, San Francisco, Arizona, York
U.S. economy is on a 'decelerating trend,' Invesco says
  + stars: | 2024-10-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. economy is on a 'decelerating trend,' Invesco saysPaul Jackson, global head of asset allocation research at Invesco, discusses the U.S. stock market.
Persons: Invesco, Paul Jackson Organizations: U.S
Shortly after noon local time the airport said in a statement that its Plane Train had returned to a normal schedule “after experiencing a computer issue” earlier Monday. “ATL airport is pandemonium with the train down and masses of people at a standstill in the underground walkway between concourses,” one post said. Just people loading off of escalators down into the train area on the ground,” Ilvonen told CNN. “Honestly the worst congestion and handling of people I’ve ever seen in an airport,” Ilvonen said. It took me an hour to go from B gate to C gate.”The automated train system has been carrying passengers through the airport since 1980.
Persons: , Ilvonen, ” “, ” Ilvonen, I’ve, Tiffany King Organizations: CNN, Atlanta’s Hartsfield, Jackson International Airport, Social
Dak Prescott found wide receiver Jalen Tolbert for a 4-yard touchdown pass to take the go-ahead lead, 20-17, with 20 seconds to play. — Jon Machota, Cowboys beat writerDallas’ defense does just enoughThe Cowboys’ defense did just enough to win the game. — Saad Yousuf, Cowboys beat writerSteelers’ defense wilts when it mattersThe Steelers’ defense gave up 445 yards and allowed the Cowboys to convert 9 of 15 third downs. But, leading by four points with just under five minutes remaining, the Steelers’ defense wilted, allowing a 70-yard scoring drive. The Cowboys secured the win with the fourth-and-goal touchdown pass from Prescott to Tolbert.
Persons: Mike DeFabo, Jon Machota, Saad Yousuf, Lauren Merola, Dak Prescott, Jalen Tolbert, Dallas could’ve, Donte Jackson, Prescott, Cowboys Prescott, Tolbert, Micah Parsons, DeMarcus Lawrence, — Jon Machota, Dallas ’, Parsons, Lawrence, Sam Williams, Marshawn Kneeland, Justin Fields, Najee Harris, George Pickens, — Saad Yousuf, T.J, Watt, Nick Herbig, Jackson, CeeDee Lamb, Isaiah Loudermilk, Joey Porter Jr, — Mike DeFabo, Fields, Russell Wilson ramping, Pat Freiermuth, , Barry Reeger Organizations: Pittsburgh Steelers, Dallas Cowboys, Cowboys, Dallas, Steelers, wilts, The Cowboys Locations: Dallas, Pittsburgh, Prescott, Tolbert, USA
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Solus' Dan Greenhaus, JPMorgan’s Jordan Jackson and BMO Wealth’s Yung-Yu MaSolus' Dan Greenhaus, JPMorgan’s Jordan Jackson and BMO Wealth’s Yung-Yu Ma. join 'Power Lunch' to discuss geopolitical tensions, the Fed and the jobs data and what it all means for the market.
Persons: Solus, Dan Greenhaus, JPMorgan’s Jordan Jackson, BMO Wealth’s Yung, Yu Ma Solus, Yu Ma Organizations: BMO, Fed
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CNN —The San Diego Padres hit a record-tying six home runs Sunday night to smash the Los Angeles Dodgers 10-2 in a Major League Baseball playoff game marred by fans in Dodger Stadium throwing what appeared to be baseballs, and then trash, at Padres players. With the Padres up 4-1 at the time, fans threw baseballs at Padres left-fielder Jurickson Profar while he was warming up in the outfield. As Padres manager Mike Shildt and players met with umpires, fans started throwing trash onto the outfield grass by Tatis in right field. Padres outfielder Jurickson Profar speaks with an umpire during a delay due to fans throwing items on the field. But I know also that we’ll stay classy, San Diego,” Shildt said.
Persons: Fernando Tatis Jr, baseballs, Jurickson Profar, Mike Shildt, ” Profar, It’s, Brian Rothmuller, “ We’re, we’re, , Tatis, ” Tatis, , ” Shildt, Xander Bogaerts, Mark J, Terrill, David Peralta, Gavin Lux, Jackson Merrill, Kyle Higashioka Organizations: CNN, San Diego Padres, Los Angeles Dodgers, Major League Baseball, Dodger, Padres, San Diego, National League, ESPN, MLB, Philadelphia Phillies, Chicago Cubs, Dodgers Locations: San Diego, Los Angeles
Bestselling author and leadership expert Simon Sinek recommends asking one simple question to help people trust you: Can you help me out? Think about the last time a friend of yours needed advice or guidance, but never asked you for it. Trust is built when a person still makes an effort to ask for help, even when they don't want to, Sinek said. They see vulnerability as a strength and a means to build deeper connections," Woo wrote for CNBC Make It in July. "Try to create this team of helpers, so that asking for help later on when you really need it isn't such a big deal," Bouchard said.
Persons: Simon Sinek, Sinek, Trevor Noah, Haven't, I've, Jenny Woo, Woo, M, Nora Bouchard, Bouchard, " Bouchard, Get Organizations: CNBC
And Trump is all but guaranteed to resurface at the Supreme Court in coming weeks to clarify the sweeping criminal immunity the court bestowed on him in July. “As matters stand now, this feels like the court is keeping its powder dry in case the election explodes,” Carter Phillips, a veteran Supreme Court litigator, told CNN early last week. A poll released by the Annenberg Public Policy Center on Wednesday found 56% of Americans disapprove of the Supreme Court. Take, for instance, Trump’s ban on travel from predominately Muslim nations, which made repeat trips to the Supreme Court. The Supreme Court has already dipped into next month’s election in a few emergency cases, two of which involved third-party candidates trying to remain on state presidential ballots.
Persons: Kamala Harris, Donald Trump, Trump, ” Carter Phillips, litigator, Biden, Roe, Wade, , John Roberts, , ” Lisa Blatt, Roberts, William Rehnquist, Gore, George W, Bush, Sandra Day O’Connor, ” David Cole, it’s, Ketanji Brown Jackson, Organizations: CNN, Biden, Alcohol, Tobacco, Firearms, Explosives, ATF, Trump, Annenberg Public, Center, New York Times, Federalist, Chief, ACLU, Georgetown Law, Republican, Democratic, , Supreme, Human, Department, CBS News Locations: Louisiana, Texas, Mexico, Bush, Tennessee
The idiom goes, "If at first you don't succeed, try, try again." We asked experts for their advice on applying to jobs at an organization that has rejected you before. Davis notes it's "generally not recommended to apply to the same employer more than twice for the same position if you've been rejected or received no response, especially if your qualifications have not changed." Sharghi advises waiting at least 3 to 6 months after being rejected to reapply unless the company explicitly invites you to apply for other roles. For this specific position, I'm particularly interested because [mention specific aspects of the job that appeal to you]."
Persons: , Gabby Davis, Davis, it's, you've, Cynthia Pong, Farah Sharghi, Sharghi, I've, I'm, Pong Organizations: Service
Learn moreThe American Music Awards, or AMAs, are back to celebrate their 50th anniversary. We'll show you everything you need to know about where to watch the American Music Awards 50th Anniversary Special, including what channel it airs on and how to live stream it without cable. Where to watch the American Music Awards 50th Anniversary Special in the USThe American Music Awards 50th Anniversary Special will air on CBS on Sunday, October 6, at 8 p.m. Check price at FuboHow to watch the American Music Awards 50th Anniversary Special from anywhereEven if you're traveling away from home, you can still catch the anniversary special with your subscriptions by using a VPN (virtual private network). Check price at ExpressVPNHow to watch the American Music Awards 50th Anniversary Special with a VPNSign up for a VPN if you don't have one.
Persons: Dick Clark, Cedric The, Kate Hudson, Reba McEntire, Samuel L, Jackson, Gladys Knight, Nelly, Jennifer Hudson, Jennifer Lopez, Mariah Carey, Fubo, ExpressVPN Organizations: Business, Green, American, CBS, Paramount, DirecTV, Showtime, Paramount Plus, Nickelodeon, Comedy Central, BET, MTV, DirecTV Stream
That football field transformed from a scene of tragedy to a symbol of resilience Friday as the community packed the bleachers to watch the survivors play. Still, a beloved fixture of Apalachee football wasn’t there: Assistant football coach Richard Aspinwall, who was killed in the shooting. It strangely looked like what a high school football game is supposed to look like, until there was a reminder that it wasn’t a normal football game. ‘It’s not going to be the same’For sophomore Michael Gordon, being back on the football field will always bring back memories of the day of the shooting. “We have resilient kids, not just on the football team, but we’ve got resilient kids in our school,” Hancock said.
Persons: “ Chee, Elijah Nouvelage, Jessica Rehberg, Richard Aspinwall, Aspinwall, shockwaves, , ” Rehberg, Apalachee, Cristina Irimie, Christian Angulo, Mason Schermerhorn, that’s, Banner, Dwayne “, ” Johnson, Johnson, CNN Mike Hancock, , , ” Hancock, Hancock, Isaiah Hooks, CNN Isaiah Hooks, Isaiah, Mike Hancock, he’ll, ‘ It’s, Michael Gordon, “ It’s, J, Flowers, we’ve, “ We’ve, We’ve Organizations: Georgia CNN, Apalachee High School, Football, CNN, CNN “, Wildcats, Apalachee, CNN The Apalachee High, Jackson, Panthers, Jackson County Panthers, Star, football, CNN Football, Barrow County Locations: Winder, Georgia, Apalachee, Barrow, Winder , Georgia, Aspinwall
DETROIT — General Motors has temporarily halted vehicle production at two U.S. factories that assemble highly profitable large pickups and SUVs due to impacts to suppliers as a result of Hurricane Helene. A GM spokeswoman declined to speculate on when the plants were expected to restart production as of Friday morning. A Thursday message to workers in Arlington viewed by CNBC said production at that plant was expected to resume Monday. Hurricane Helene made landfall in Florida late last week and hit the southeastern United States and parts of western North Carolina particularly hard. Jeffrey Morrison, GM vice president of global purchasing and supply chain, on Thursday said the hurricane and the port workers strike were disruptive events for the automaker.
Persons: Hurricane Helene, , Jeffrey Morrison, dockworkers, Morrison, “ Covid, Jesse Jackson’s, We’ve, ” Morrison Organizations: DETROIT, Motors, Arlington Assembly, Chevrolet, Cadillac, GMC Yukon, CNBC, Coalition, Locations: Hurricane, Flint , Michigan, Texas, Arlington, Florida, United States, North Carolina, Detroit
"They're trying to keep her away," Steve Shurtleff, a former Democratic speaker of the New Hampshire House of Representatives, said of the Harris campaign. Harris’ campaign has acted as if she’s sitting on a lead, even though she has failed to separate from her opponent, former President Donald Trump, others said. That may look different in today’s evolving media environment than prior campaigns, but coupled with campaign events, aggressive organizing and a historic paid media campaign, it’s a winning approach." “They are very cautious,” a person involved in Harris’ race said of her campaign. Harris' campaign has also made overtures to voters in unconventional forums like the gaming site IGN.
Persons: WASHINGTON, Kamala Harris, Harris, Steve Shurtleff, , , ” Harris, Tim Walz, Hurricane Helene, , Harris ’, she’s, Donald Trump, Chris Kofinis, Walz, “ It’s, you’re, You’ve, Kevin Munoz, it’s, Joe Biden’s, Biden, ” Younger, Sarah Longwell, Longwell, George W, “ She’s, that’s, Trump, Matt Barnes, Stephen Jackson, Jack Smith, Michael LaRosa, Jill Biden, JD, Vance Organizations: Democratic, New, CBS News, Minnesota Gov, NBC, Biden, Trump, Republican, Against Trump, NBA, IGN, NBC News Locations: New Hampshire, United States, Hurricane, Pennsylvania, Gaza, San Francisco
Selena Gomez's makeup brand Rare Beauty has catapulted her to billionaire status, according to a recent Bloomberg estimate. Gomez, who's publicly discussed her own struggles with bipolar disorder, launched it as a way to promote mental health in the beauty industry. Rare Beauty brought in a reported $350 million in sales last year, according to Business of Fashion. A makeup brand promoting self-acceptance can seem asymmetric, which made Gomez think her products wouldn't sell, she told People in 2022. Since then, she's expressed her pride in Rare Beauty's growth and dedication to promoting mental health.
Persons: Selena, Ellen DeGeneres, Gomez, Barney, , Mandy Teefey, Gomez's, who's, Scott Friedman, Omar H, Fares, she's, we've, Get Organizations: Bloomberg, Disney Channel, Disney, Wizards, Globe, Company, Fund, of, CNBC Locations: Grand Prairie , Texas, California, Waverly
Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest. You have the WNBA rights term worth $2.2 billion over 11 years with league expansion going from 12 to 15 teams. Media landscape shifts Most of the value in professional sports is propelled by media rights deals, and we're in an unusual sweet spot right now for sports. Still, gaining access to 11 teams' media rights is probably in the league's long-run best interest.
Persons: Alex Sherman, Jeff Zucker, Patrick Whitesell, Zucker, Scripps –, it's, Alex Michael, he's, Michael, they're, There's, Caitlin Clark, Michael said, weathers, AEW, I'm, Tony Khan —, he'd, Khan, US Networks Kathleen Finch, Max, hasn't, Finch, Rob Manfred, doesn't, CNBC's Lillian Rizzo, Craig Kilborn, Barrett, Jackson, Caitlin Clark's, You've, Soccer League's Nielsen, Tom Brady, Father, Brady, Jess Golden, Michael Jordan, Libs, Jim France, OneFootball, Lionel Messi, Jessica Pegula, CNBC's, Venu, Fubo, Venu …, Nike, Matthew Friend, John Donahoe, Elliott Hill, Sabrina Ionescu –, Jane Hali, Jessica Ramirez, AE1, Gabrielle Fonrouge, Ariel Atkins, DiDi Richards, Craig Hudson Organizations: CNBC, Endeavor, WNBA, NCAA, National Women's Soccer League, Amazon, CBS, ESPN, Scripps, NBA, Fox, NBC, Apple, Google, MLS, Clark, Warner Bros ., TNT, TBS, Warner Bros, Discovery, US Networks, Diamond Sports Group, U.S, Bankruptcy, Southern, Southern District of, Major League Baseball, Atlanta Braves, MLB, Holdings, UFC, WWE, WME Sports, ATP, Miami, NCAA Women's, Soccer, Angel City FC, NFL, Premier League, Netflix, Tech, CNBC Sport, Father Time, NASCAR, Motorsports, Major League Soccer, American, NHL, Buffalo Sabres, Bills, Disney, International Center for Law & Economics, Nike, New York Liberty, Air Force, Air Jordan, League Men's NCAA, Gonzaga, Pac, West Coast Conference, FloSports, Sports, Indiana Fever, Washington Mystics, Capital, Washington , D.C, Washington Post Locations: York City, Southern District, Southern District of Texas, OpenBet, U.S, Kobe, Washington ,
Meta is testing bringing more AI-generated content to some users' experiences on Facebook and Instagram. The expanded features will show AI-generated images in some users' feeds. AdvertisementMeta is experimenting with serving more AI-generated images and content to Facebook and Instagram users. The company will now show some users images of themselves generated by Meta AI in their Facebook and Instagram feeds, it announced at its annual developer conference, Meta Connect, last week. MetaHowever, the new AI content added to feeds could be "based on your interests or current trends," the company announced.
Persons: , Matt Navarra, Navarra, There's, Kevin Roose, you've, Roose Organizations: Facebook, Service, Meta, Meta Connect, Social, The New York Times Locations: Navarra
Over the 12-month period ending June, about 2 of 3 active bond managers trounced their average passive counterpart, according to a recent analysis from Morningstar . There were a few tailwinds in active managers' favor. With the Fed recently cutting rates by a half point — and Chair Jerome Powell noting that two more quarter-point cuts could be in the cards this year — a new challenge awaits these active bond funds. As interest rates fall, active managers can position accordingly, said Roger Hallam, global head of rates at Vanguard. "We expect active managers to make a little more, and they should be because they're doing more trades and it costs more to manage active portfolios," said Olmsted.
Persons: , Ryan Jackson, Jerome Powell, it's, Jackson, Paul Olmsted, Roger Hallam, wouldn't, Hallam, Morningstar, Olmsted Organizations: Federal Reserve, Morningstar, Vanguard, Bond Fund, SEC
AI coding tools like GitHub Copilot have transformed software development and productivity. AdvertisementBefore he graduated from university, Jacob Jackson founded the AI coding assistant TabNine in 2018. In the past two years, there has been a boom in AI coding assistants. The spike in ChatGPT usage and AI coding assistants has shifted how software developers do their jobs. AdvertisementAI assistants can empower codersMost generative AI coding assistants focus on auto-completion, meaning that the tool suggests code as the programmer types.
Persons: , Jacob Jackson, TabNine, Jackson, Claude, Nikolas Gauvreau, Dan Boneh, Kevin Baragona, Baragona, Gauvreau, he's, David Malan, Malan Organizations: Software, Service, Microsoft, Accenture, Developers, Stanford University, Harvard University, Activision Blizzard Locations: OpenAI, Canada, Brazil, Germany, India
CNN —After an outstanding season in which she undoubtedly exceeded lofty expectations following a historic career at the University of Iowa, Caitlin Clark was named the 2024 WNBA Rookie of the Year in a near-unanimous vote. She became the WNBA single-season assists record holder (337), an accomplishment which included a league-record 19 assists in one game. Her 8.4 assists per game average is also a WNBA record. Clark also became the first rookie to record a triple-double and holds the record for most three-pointers made (122) by a rookie in league history. Iowa's Caitlin Clark (No.
Persons: Caitlin Clark, Clark, Angel Reese, ingle, eason ➡ ️, , eason, ake, ear. Organizations: CNN, University of Iowa, Indiana, WNBA, Chicago, ust, ince, CAA
Blueland CEO Sarah Paiji Yoo says she couldn't do her job without ditching a habit that hindered her first startup: trying too hard to get everything done. Paiji Yoo co-founded Blueland, which makes eco-friendly cleaning and personal care products, in 2019. That company, founded in 2011, was acquired in 2013 by PriceGrabber for an undisclosed sum — and in those two short years, Paiji Yoo found herself gravely overworked, she says. "With my first startup, I was spinning my wheels along," Paiji Yoo, 40, tells CNBC Make It. Limited money, employees, time and resources means there's more to get gone, says Paiji Yoo.
Persons: Sarah Paiji Yoo, Paiji Yoo, PriceGrabber, Paiji, Oliver Burkeman, Leah Smart, we're, Burkeman, Get Organizations: CNBC, Society of Human, Mental Health
Pierce, who served multiple roles, including associate head coach and recruiting coordinator, at ASU from 2017 to 2022, was sanctioned by the governing body for an alleged roughly year-long prohibited recruiting scheme. CNN has reached out to Pierce, the Raiders and ASU for comment. Pierce “consistently denied planning or arranging any portion of the visits, providing recruiting inducements, or participating in the out-of-state contacts and evaluations,” according to a NCAA press release. In the 67-page report, the NCAA provided what it described as multiple examples of the former Super Bowl Champion knowingly and repeatedly conducting forbidden recruiting violations. The NCAA has accused Antonio Pierce of recruiting violations while coaching at Arizona State University.
Persons: Antonio Pierce, Pierce, Pierce “, Arizona State University . Jordon Kelly, Anthony Garnett, Regina Jackson, Jayden Daniels, Jackson, , , Jones, Organizations: CNN, Las Vegas Raiders, Arizona State University, ASU, NFL, Sun Devils, Raiders, NCAA, Super Bowl, Getty, Washington, , Broncos Locations: Garnett, Arizona, Denver
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