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NYC sees alarming 64% surge in shoplifting

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New York City has witnessed a staggering 64% increase in shoplifting incidents, outpacing every other major U.S. city over the past four years.

The Big Apple, known for its vibrant streets and bustling retail scene, now faces a concerning rise in thefts that has left both retailers and law enforcement grappling with the situation.

This spike in shoplifting has raised questions about the underlying factors contributing to the surge. Economic struggles, the pandemic’s lingering effects, and changes in law enforcement policies are all being scrutinized as potential drivers of this alarming trend.

As retailers and authorities scramble to address the issue, it remains to be seen whether these efforts will be enough to curb the rise in thefts and safeguard businesses.

The implications of this surge in shoplifting extend beyond mere statistics. Local businesses are feeling the brunt of these thefts, with losses amounting to millions of dollars.

Shoppers, too, are increasingly concerned about their safety while browsing stores.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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