Business
IMF now sees world economy growing a bit more than forecast, but warns ‘it is too early to celebrate’
The IMF also predicts that global inflation is expected to fall to 6.8% in 2023 and 5.2% in 2024. Read...
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Son of LeBron James went into cardiac arrest at a USC basketball practice and is now in stable condition
Bronny James, 18, and the oldest son of the NBA superstar, was a sough-after college recruit. Read More
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Housing market deep freeze: The Fed successfully froze U.S. home prices for one year
Between May 2022 and May 2023, U.S. home prices fell 0.5%—compared to the 19.9% uptick from May 2021 to May...
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UPS Reaches Contract Deal With Teamsters to Head Off Strike
United Parcel Service faced a potential walkout by more than 325,000 union members after their five-year contract expires next week.
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G.M.’s Electric Vehicle Rollout Delayed by Slow Battery Production
The company is earning big profits on gasoline cars and trucks but is struggling to catch up to Tesla in...
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Global Economy Shows Signs of Resilience Despite Lingering Threats
The International Monetary Fund upgraded its global growth forecast for 2023.
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Microsoft and Alphabet Face an Investor Test on AI
Microsoft and Alphabet will report results on Tuesday, as investors look for signs that a rally in stocks tied to...
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In Remote Work Era, Hotel Operators Make a Bet on Longer Stays
Extended-stay hotels, which are cheaper to build and operate than their full-service counterparts, are also appealing to work crews on...
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Leon Black Is Pressed on Jeffrey Epstein Fees by Senate Committee
The billionaire investor paid Jeffrey Epstein $158 million for tax and estate planning services. Lawmakers want to know if the...
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Pan Gongsheng Named Head of Chinese Central Bank
Pan Gongsheng, who was named governor of the People’s Bank of China after overseeing $3 trillion in reserves, stopped a...
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