Economy

Virgin Galactic rocketed to the edge of space with its first tourists Thursday, including a former British Olympian who bought his ticket 18 years ago and a mother-daughter duo from the Caribbean. The space plane glided back to a runway…
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China's exports plunged by 14.5% in July compared with a year earlier, adding to pressure on the ruling Communist Party to reverse an economic slump. Imports tumbled 12.4%, customs data showed Tuesday, in a blow to global exporters that…
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Japan is due to start releasing wastewater used to cool the crippled reactors at the Fukushima nuclear plant as soon as the end of August. China has criticized the planned release and imposed restrictions on Japanese seafood — prompting…
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Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for more than two years.   Now comes the hard part.   Squeezing out the last…
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The contours of the debate at the heart of the Federal Reserve's policy decision next month came into clearer view on Monday as officials outlined the case for and against another interest rate hike. "The debate is really about: Do we…
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The tidal wave of artificial intelligence (AI) barrelling toward many professions has generated deep anxiety among workers fearful that their jobs will be swept away -- and the mental health impact is rising. The launch in November 2022…
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New Australian Bureau of Statistics data reveals a record number of people are working multiple jobs as households try to keep up with the surge in the cost of living. Inflation has been at record highs, and Australians are paying some of…
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President Joe Biden is expected to issue his long-awaited executive order to screen outbound investments in sensitive technologies to China early next week, according to people familiar with the matter. A White House spokesperson declined…
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Pakistan and China are marking a decade of economic cooperation with much fanfare these days as the China-Pakistan Economic Corridor, popularly known as CPEC, completes 10 years. Experts say while the mega-project helped Pakistan develop…
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The regional economic forum APEC has begun hosting senior official and ministerial meetings in Seattle, Washington. This year, the United States will host the annual gathering as it navigates a range of complex topics and diplomatic…
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