What Do We Actually Know About the $1,702 Tariff Rebate?

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Millions of New Yorkers are getting inflation rebate cheques this September.

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_{Stocks & Income is for informational purposes only and is not intended to be used as investment advice. Do your own research.}

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Alibaba Group shares surged nearly 9% in US premarket trading on Wednesday after Chief Executive Officer Eddie Wu announced the company would boost its investment in artificial intelligence (AI) and cloud infrastructure beyond its earlier three-year pledge of 380 billion yuan (about US$53bn).

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