economy
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‘Disturbing’ actions by China signals early stages of a cold war, economist Stephen Roach warns
Economist Stephen Roach warns Beijing’s crackdown against U.S.-listed China stocks will have widespread market implications. Roach, who is considered one…
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The rapid growth the U.S. economy has seen is about to hit a wall
A National Park Service worker replaces a flag at the Washington Monument which reopened today following a six month closure…
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Stocks making the biggest moves midday: Twitter, Snap, American Express and more
Check out the companies making headlines in midday trading. Snap — Shares of Snap soared 23.9% after better-than-expected second-quarter earnings results.…
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Companies from Chipotle to Whirlpool are raising prices on consumers because of higher costs
A employee sprinkles cheese on a burrito at a Chipotle Mexican Grill restaurant in Hollywood, California. Patrick T. Fallon |…
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Work flexibility ‘here to stay’ in post-Covid world, says director at three Fortune 500 companies
Companies are monitoring the spread of the delta Covid variant as they adapt return-to-office plans and prioritize giving flexibility to…
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UK contact tracing app downloads spike despite fears of a ‘pingdemic’ as Covid cases surge
Selective focus. Concept photo. Oleksandr Siedov | iStock Editorial | Getty Images LONDON — Downloads of the U.K.’s contact tracing…
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Stocks making the biggest moves premarket: Skechers, Boston Beer, Snap, Twitter & more
Pedestrians walk past Skechers shoes displayed outside of a store in San Francisco, California. Getty Images Check out the companies…
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Quest Diagnostics seeing a rise in Covid tests as delta variant spreads, CEO says
Quest Diagnostics CEO Steve Rusckowski told CNBC on Thursday the company is seeing an increase in Covid-19 tests as the more…
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States cutting unemployment benefits didn’t get people back to work, study finds
A job seeker fills out an application form during a restaurant and hospitality career fair in Torrance, California, on June…
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U.S. jobless claims show surprise gain, well above expectations
Weekly jobless claims unexpected moved higher last week despite hopes that the U.S. labor market is poised for a strong…
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