Economy

Richie Olsten has been in Maui's helicopter tour business for a half century, so long he's developed a barometer for the tourism-dependent economy: rental cars parked at the island's airport. There are so many since wildfires killed at…
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The cost of building an artificial intelligence product like ChatGPT can be hard to measure. But one thing Microsoft-backed OpenAI needed for its technology was plenty of water, pulled from the watershed of the Raccoon and Des Moines…
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Established in 1999, the group of 20 – also known as G20 – is an informal gathering between heads of state from 20 of the world’s largest economies. While the annual summit has traditionally focused on economic cooperation, the agenda has…
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An American private sector delegation opened meetings in Afghanistan with officials and local counterparts Wednesday in the first interaction since the Taliban seized power from a U.S.-backed government two years ago. Jeffrey Grieco,…
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Fishing grounds choked by water hyacinths. Songbird eggs gobbled up by rats. Power plant pipes clogged by zebra mussels. And electrical lines downed by brown tree snakes. These are just a few examples of the environmental chaos sown by…
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China's economic growth is slowing down as policymakers try to fix a property market downturn, with troubles at major developer Country Garden in focus. Concerns are mounting over whether the world's second-largest economy is coming closer…
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Merchants throughout Pakistan closed their shops Saturday to protest the country’s steep electricity bills and mounting inflation. The general public has already mounted protests about Pakistan’s soaring cost of living.  "Everyone is…
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Afghanistan's Taliban announced Thursday they have signed more than $6.5 billion worth of mining contracts with local and foreign companies from China, Iran, Turkey and Britain. Shahabuddin Dilawar, the Taliban minister of mines and…
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U.S. Commerce Secretary Gina Raimondo wrapped up a four-day visit to China on Wednesday in the latest move by U.S. President Joe Biden’s administration to stabilize commercial and trade links between the world’s two largest economies. In…
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Brazilian mining company Vale SA sees declining steel demand in China, the world's largest producer, but the situation is not as dire as some indicators suggest, the company’s vice president of iron ore solutions told Reuters. Vale is…
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