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Negotiators Pause Debt-Ceiling Talks

May 19, 2023 / no comments

White House and House Republican negotiators trying to resolve an impasse over raising the debt ceiling broke off talks with no immediate plans to resume discussions.

Why You Keep Chasing the Wrong Stock Market

May 19, 2023 / no comments

Trying to make up for stock market losses can be costly, impulsive and misguided, and the Dow isn’t necessarily your best metric

Alibaba, Baidu and Tencent Signal First Steps in Bumpy Recovery

May 19, 2023 / no comments

The economy is open again, helping Alibaba, Baidu and Tencent claw back in the first quarter from a miserable 2022, though they will likely face continuing skepticism from investors.

NASA Picks Blue Origin-Led Group to Build Moon Lander for Artemis V Mission

May 19, 2023 / no comments

After losing out to SpaceX, Jeff Bezos’ rocket company will get a chance to carry astronauts to the moon’s surface.

G-7 Countries Plan Steps to Counter China’s Economic Clout

May 19, 2023 / no comments

Leaders will emphasize plans to ‘de-risk, not decouple’ from China while showing a united front on Beijing’s human rights record.

A ‘New Normal’ for Rates? Not So Fast, Says Fed Research

May 19, 2023 / no comments

A top Federal Reserve official presented research Friday showing the Covid-19 pandemic didn’t change estimates of a “neutral” interest rate that neither stimulates nor restricts demand.

When Naming a Trustee for Your Estate, Ask Yourself These Four Questions

May 19, 2023 / no comments

Do you pick a friend? A family member? A professional? The right choice can make all the difference for your heirs.

These Five Debt-Ceiling Negotiators Have Just Days to Reach a Deal

May 19, 2023 / no comments

President Biden and Kevin McCarthy tap close advisers to hash out spending cuts as default looms.

China’s Youth Unemployment Crisis: 1 in 5 Are Out of Work

May 19, 2023 / no comments

The youth unemployment rate, which spiked during the pandemic, reached a record high this week, showing the perils of China’s uneven economic recovery.

Disney Scraps Plan for Florida Campus, Closes ‘Star Wars’ Hotel

May 19, 2023 / no comments

The decisions come as the entertainment company is cutting costs, reversing moves by its previous CEO and fighting with Florida.

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