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Evergrande's fiasco could damage the global economy
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| All eyes are on China's Evergrande, the heavily-indebted real estate conglomerate that's become a market obsession after global investors tuned in to its mounting problems this week. Read more » |
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It's crunch time for China's Evergrande
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| It's crunch time for China's heavily-indebted Evergrande Group. Read more » |
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The stock rebound continues even as claims for unemployment benefits rise again
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| Wall Street continues to rebound on Thursday, shrugging off both the Federal Reserve's intention to soon roll back its massive monetary stimulus and another uptick in weekly jobless claims. Read more » |
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'It must stop now.' Marc Benioff says Facebook doesn't care about disinformation
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| From the climate crisis to Covid, Marc Benioff sees a common thread for what ails America today: deception that is allowed to spread like wildfire on Facebook. Read more » |
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The Federal Reserve is getting ready to roll back its massive stimulus
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| The Federal Reserve isn't ready to take its foot off the stimulus gas pedal but that soon might change. Read more » |
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US default would wipe out nearly 6 million jobs, Moody's says
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| A US default would be a "catastrophic blow" to America's economic recovery from Covid-19, setting off a downturn that would rival the Great Recession, Moody's Analytics warned in a new report. Read more » |
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