News

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GDP grew at a 2.4% pace in the second quarter, topping expectations despite recession calls

GDP grew at a 2.4% pace in the second quarter, topping...

Gross domestic product was expected to increase at a 2% annualized pace in the second...

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School closures during Covid could wipe out half a trillion dollars from Asian economies

School closures during Covid could wipe out half a trillion...

Schools were forced to close during the pandemic and that could wipe out some $500...

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July is set to be the hottest month on record

July is set to be the hottest month on record

July is shaping up to be the hottest month on record according to data from the...

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Half of Americans polled see China as the biggest threat to the U.S., says Pew

Half of Americans polled see China as the biggest threat...

The survey reflects that Americans' view of China have become more negative over...

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Portfolio manager says OPEC+ alliance could break — sending oil prices down to $35 a barrel

Portfolio manager says OPEC+ alliance could break — sending...

OPEC+ has been trimming oil production since November in a bid to prop up falling...

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IEA says coal use hit an all-time high last year — and global demand will persist near record levels

IEA says coal use hit an all-time high last year — and...

Coal consumption this year on course to remain near 2022's record levels.

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JPMorgan Chase exec Erdoes sought tax advice, Madoff intel from Epstein, suit alleges

JPMorgan Chase exec Erdoes sought tax advice, Madoff intel...

The U.S. Virgin Islands suit alleged that Epstein was a "personal resource" for...

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Hunter Biden set to plead guilty on criminal tax charges

Hunter Biden set to plead guilty on criminal tax charges

Biden had also agreed to cut a deal on a separate felony charge of possessing a...

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Senate passes toned-down bill to increase oversight of investments in Chinese technology

Senate passes toned-down bill to increase oversight of...

This rare bipartisan agreement underscores U.S. worries over China's development...

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Wells Fargo announces $30 billion buyback, shares rise

Wells Fargo announces $30 billion buyback, shares rise

Wells Fargo announced a $30 billion stock buyback and approved a dividend increase.