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Factories May Be Leaving China, but Trade Ties Are Stronger Than They Seem

August 29, 2023 / no comments

The United States is trying to lessen its dependence on Chinese goods, but research is showing how tough it is to truly alter global supply chains.

What’s Behind $1 Trillion in Credit-Card Balances?

August 29, 2023 / no comments

If your credit-card bill is growing every month, don’t blame rising interest rates. Look in the mirror.

Meta’s ‘Biggest Single Takedown’ Removes Chinese Influence Campaign

August 29, 2023 / no comments

The campaign began at least four years ago and spanned thousands of accounts on Facebook, Instagram, TikTok, X, Substack and Chinese websites, Meta said.

CEOs Back New York’s Call for Help With Migrant Crisis

August 29, 2023 / no comments

More than 120 business leaders, including Jamie Dimon of JPMorgan Chase, are urging President Biden and congressional leaders to provide aid to the city.

Eliquis and Jardiance Among First Drugs Picked for Medicare Price Negotiations

August 29, 2023 / no comments

The price negotiation program, established by Democrats as part of the Inflation Reduction Act, is expected to save the government tens of billions of dollars in the coming years.

3M Says It Will Pay $6 Billion to Resolve Combat Earplug Lawsuits

August 29, 2023 / no comments

The settlement would end years of litigation brought by military service members and veterans who claimed that the earplugs sold by 3M had led to hearing damage and tinnitus.

Federated Hermes Can Fly as High Rates Linger

August 29, 2023 / no comments

The long adjustment to higher yields can still benefit one of the biggest managers of money-market funds.

Private Equity Sees Money In Bringing You a Faster Internet Connection

August 29, 2023 / no comments

Telecom companies are selling bonds at a rapid clip so that they can expand high-speed internet in small and midsize cities.

U.S. Steel Can Ride the Coattails of a U.S. Manufacturing Boom

August 29, 2023 / no comments

Heavy investment pouring into the U.S. auto sector helps make the company an interesting play on an American manufacturing renaissance.

U.S. Does Not Want to ‘Decouple’ From China, Commerce Chief Says

August 29, 2023 / no comments

Gina Raimondo, the commerce secretary, also emphasized U.S. national security concerns in a meeting in Beijing with Vice Premier He Lifeng, who oversees China’s economy.

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