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GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track

July 27, 2023 / no comments

The reading on gross domestic product was bolstered by consumer spending, showing that recession forecasts early in the year were premature, at least.

Shell Reports Sharply Lower Earnings as Energy Prices Ease

July 27, 2023 / no comments

After a record-breaking profit last year, Shell’s quarterly earnings fell 56 percent. But the energy provider will increase dividend payments.

Could a Recession Still Be Years Away? Soft Landing Could Deliver Another Extended Economic Cycle

July 27, 2023 / no comments

Recent expansions have lasted 6 to 10 years. Here’s how this one could last that long.

McDonald’s Grimace Shake Trend Pays Off for Burger Chain

July 27, 2023 / no comments

A meal celebrating the purple character helped drive sales after it went viral on TikTok.

Microsoft Faces European Probe Over Bundling of Teams Software

July 27, 2023 / no comments

The European Union opened an antitrust investigation into whether Microsoft is abusing its position by bundling its Teams videoconferencing app with its popular Office software.

Elizabeth Warren and Lindsey Graham Team Up to Police Big Tech

July 27, 2023 / no comments

The senators have forged a bipartisan alliance to create a new federal agency to police the power of tech giants like Amazon, Apple and Meta.

Volkswagen’s EV Gambit in China Makes Sense

July 27, 2023 / no comments

Its partnership with startup Xpeng is a sign of things to come in the world’s largest automobile market.

The Hottest Real-Estate Play Is in Your Neighborhood

July 27, 2023 / no comments

Unglamorous strip centers are signing leases faster than tenants can move in.

Slack Experiences a Widespread Outage, Company Says

July 27, 2023 / no comments

Offices around the world use the messaging system to communicate.

More Income for the Supreme Court: Million-Dollar Book Deals

July 27, 2023 / no comments

The deals have become highly lucrative for the justices, including for those who used court staff members to help research and promote their books.

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