Economy

Leading economists gathered in Marrakech, Morocco, on Tuesday for the International Monetary Fund's annual conference. Their message was clear: The world economy is beginning to slump as fissures between East and West widen.  "The global…
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European Central Bank President Christine Lagarde said in an interview published on Sunday that she was confident the ECB would meet its target of getting inflation back down to 2%, and relatively confident over Europe's gas reserves…
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All About America explores American culture, politics, trends, history, ideals and places of interest. As Americans shed pounds on weight loss drugs like Ozempic, snack food companies could be in for some shrinkage, as well. "The food,…
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The United Auto Workers union said Friday it will not expand its strikes against Detroit's three automakers after General Motors made a breakthrough concession on unionizing electric vehicle battery plants.  Union President Shawn Fain…
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The future of a $100 billion development on Malaysia’s coast is in doubt due to growing concerns over the financial stability of its largest backer, China’s Country Garden. The property giant has reported billions of dollars in losses — but…
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The G7 group of rich nations is pushing for a ban on diamonds mined in Russia – the world’s biggest producer – following Moscow’s full-scale invasion of Ukraine last year. But as Henry Ridgwell reports, it will be difficult to stop Russian…
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Nigerian authorities are investigating the deaths of at least 15 people in the explosion of an illegally tapped oil pipeline on Sunday, an often-deadly practice that has been going on for decades. Police in the Rivers state, which is in…
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Jury selection is currently underway in Sam Bankman-Fried’s trail on fraud and conspiracy charges, nearly one year after his now-bankrupt cryptocurrency exchange, FTX, collapsed. According to prosecutors, Bankman-Fried, who has been…
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President Joe Biden has signed a bill to fund the U.S. government through mid-November and avoid a shutdown, less than an hour before money for federal agencies was set to run out. Biden posted a picture of himself signing the bill on X,…
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China's factory activity in September recorded its first expansion in six months, an official survey said Saturday, providing another sign that the world's second-largest economy is gradually improving after its post-pandemic malaise.…
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