Spotify considering full-length music videos on app – Bloomberg News

(Reuters) – Spotify Technology is mulling adding full-length music videos to its app, which could help the music streaming platform compete with TikTok and Alphabet Inc’s YouTube, Bloomberg News reported on Friday, citing people familiar with the matter. Spotify, which did not immediately respond to a Reuters request for comment, already allows artists to upload…

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Dollar softer after PCE, consumer spending data

By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index was lower on Friday following two straight days of gains, after economic data showed a cooling in consumer spending, raising some doubt about the potential aggressiveness of the Federal Reserve in fighting inflation. U.S. Treasury yields were also mostly lower after the data. The Commerce…

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Oil settles higher but posts fourth straight quarterly decline

By Laura Sanicola (Reuters) -Oil prices settled higher on Friday but posted their fourth straight quarterly loss as investors worried that sluggish global economic activity could crimp fuel demand. Benchmark Brent crude futures for August delivery which expires on Friday, settled up 56 cents, or 0.8%, at $74.90. In the three months to the end…

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US Supreme Court deals blow to LGBT rights in web designer case

By Andrew Chung (Reuters) -In a blow to LGBT rights, the U.S. Supreme Court’s conservative majority on Friday ruled that the constitutional right to free speech allows certain businesses to refuse to provide services for same-sex weddings, a decision that the dissenting liberal justices called a “license to discriminate.” The justices ruled 6-3 along ideological…

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Affirmative action ruling could place target on US corporate diversity programs

By Daniel Wiessner (Reuters) – The U.S. Supreme Court ruling striking down race-conscious policies in college admissions includes some warnings to companies about the legal limits of workforce diversity efforts and is likely to fuel challenges to them, experts said. Thursday’s ruling has no direct impact on employers because it does not involve workplace bias…

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