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NEW YORK, Aug 10 (Reuters) - Wall Street rallied to close more than 1% higher on Wednesday after data showed U.S.

inflation slowed more than expected in July and raised hopes the Federal Reserve will become less aggressive on interest rates hikes.

The gold medallist has struggled with shoulder injuries and previously said he had 'no expectations on making the Worlds team, especially in the butterfly' as he tries to manage his workload and make sure he's in top form for the 2024 Paris Olympics.

"Banks have underperformed and are now getting bid," said Thomas Hayes, managing member of Great Hill Capital LLC, adding that investors are chasing the laggards that have not participated in the rally since June lows.

Adding to Appen's challenges, new privacy features in Apple Inc products have reduced the ability of big advertisers including Facebook, which is owned by Meta Platforms Inc, and Alphabet Inc's Google to target users, impacting their appetite for pinpoint-accurate user data, say analysts.

Before Simpson's race on Wednesday, Australian swimming head coach Rohan Taylor confirmed that he would make the Aussie team for the world championships if he finished third and made the qualifying time.

The slowing of inflation was the first "positive" reading on price pressures since the Fed began tightening policy, Chicago Fed President Charles Evans said, even as he signaled he believes the Fed has plenty more work to do.

The logic is that by bringing together new data-driven marketing with the sexier, creative work of M&C Saatchi, their offer for a one-size-fits-all approach will prove irresistible to global clients.

The 'covert server' allegation is also now at the center of the trial of former Clinton campaign attorney Michael Sussman, who is charged with lying to the FBI about his affiliation with the campaign when he told them about the alleged server.

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It is not the win that Vin Murria wanted but the tech tycoon can't complain. On Tuesday she launched a hostile bid for M&C Saatchi - and ended the week around £40million richer following a rival bid from Next Fifteen. 

Mourinho threw the medal into the crowd after his side clinched back-to-back titles in a 3-0 win at home to Manchester United on April 26, which was indeed one of the matches Huth failed to make it into the squad for.

The German centre-back featured 13 times in the Blues' title-winning campaign, their second consecutive triumph under Mourinho, but was left out of the squad entirely for three of their final four fixtures.

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After warning of a profit decline in May, Appen said it now expects a net loss of $3.8 million in the six months ended June, which would be its first interim loss since listing in 2015, from a net profit of $12.5 million a year earlier.

After a rough start to the year, the benchmark S&P 500 is up nearly 15% from mid-June lows, largely on expectations the Fed will be less hawkish than anticipated in its efforts to provide a soft landing for the economy as it fights to curb inflation.

Aug 2 (Reuters) - Australia's Appen Ltd, which runs artificial intelligence training for Facebook, Google and Amazon.com Inc, said a spending slowdown by clients would bring its first half-year loss since listing, sending its shares tumbling.

And although Australia can only field two representatives Simpson was expected to make it because Chalmers would drop out due to his busy schedule and need to preserve his body after picking up serious injuries.

A 50 basis point hike is seen as a 56.5% probability. Fed funds futures traders are now pricing in only a 43.5% chance that the U.S.

central bank hikes rates by 75 basis points when it meets in September, compared with 68% before the data.

"For the market, it's sort of a Goldilocks scenario right now because you have the labor market holding up and inflation potentially starting to come down. That is what a soft landing would look like," said Shawn Snyder, head of investment strategy at Citi U.S.

Neil 'Spy' Barnett, who worked as a pitch announcer and presenter at Chelsea for 32 years before being axed in 2018, debunked the famous incident after a photo of Mourinho throwing the medal resurfaced on Twitter.

'In Porto I kept the medal for me.

That was for the Champions League and it was only one. I have one from last season in the Premier League and the medal is the same one. You can't keep everything.' I was guessing, in future, it could be difficult to get another one.