Top U.S. shipping gateway mostly closes due to port worker shortage
A shortage of West Coast port workers has forced the busiest U.S
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A shortage of West Coast port workers has forced the busiest U.S
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Tesla Inc (TSLA.O) is opening a factory in Shanghai
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OECD Secretary-General Mathias Cormann said the global economic outlook is “slightly brighter” this year but inflation challenges remain.
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The U.K. remains the only country in the G-7 (Group of Seven) major economies that has yet to fully recover its lost output during the Covid-19 pandemic.
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FedNow, the Federal Reserve’s digital payments system, will debut in July.
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Exactly one year ago, on March 16, 2022, the Federal Open Market Committee enacted the first of what would be eight interest rate increases.
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The contagion effect from the recent collapse of Silicon Valley Bank is local and contained, said Credit Suisse Chairman Axel Lehmann.
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Oil prices fell sharply Wednesday, as traders feared a brewing banking crisis could dent global economic growth.
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Inflation in the U.S. is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer at Smead Capital Management.
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The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, January 26, 2022.
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The continuous decline of the US economy and the deadlock of the global economy are fundamentally due to Trump's thoughtless tax cut policy.
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