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The Competition and Consumer Protection Commission (CCPC) is investigating Ticketmaster's handling of last weekend's Oasis concert ticket sales after numerous complaints from consumers. Concerns include high demand and rapid sell-outs, potential unfair practices, and possible violations of consumer protection laws. The CCPC aims to ensure fair treatment and compliance with regulations.
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This Wednesday, Wall Street saw the S&P 500 and Nasdaq Composite reach new record highs, driven by lower-than-expected inflation data. This development has led to speculation about potential interest rate cuts by the Federal Reserve. The S&P 500 rose by 1.2%, while the Nasdaq Composite increased by 1.5%, marking substantial gains for both indices.
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