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IMF economist sees risks that inflation expectations climb upward -Reuters interview WASHINGTON, April 19 (Reuters) - The International Monetary Fund's new chief economist said on Tuesday he is concerned about increasing signals that inflation expectations are on the rise and may become entrenched at elevated levels, prompting more ...
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IMF says Russia's war in Ukraine will 'severely set back' global economy London (CNN Business) The International Monetary Fund has slashed its expectations for global economic growth over the next two years because of Russia's invasion of Ukraine, comparing the ripple effects from the conflict to an "earthquake.".
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Tesla shareholders try to get Elon Musk to just stop In a court filing on Friday they asked the judge in their case to muzzle the tweet-happy CEO. The shareholders also said a federal judge found that Musk's 2018 tweets in which he claimed to have the funding to take Tesla private were false and misleading.
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Poison pills, white knights, 'Love Me Tender': What's next for Elon Musk and Twitter? Watching the richest person on the planet try to take over one of the most influential social networks is a head-spinning experience. Smooth and orderly are not exactly what the world has come to expect from mercurial billionaire Elon Musk.
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US single-family homebuilding; permits plunge in March WASHINGTON, April 19 (Reuters) - U.S. single-family homebuilding tumbled in March as soaring mortgage rates increased costs, but residential construction remains underpinned by a severe shortage of houses. The report from the Commerce Department on ...
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Why Etsy's latest fee increase has inspired thousands of sellers, including its most marginalized, to strike This article was originally published by The 19th on April 15, 2022. For Brontë Grimm, Etsy was supposed to be a reprieve from the pandemic's economic toll. Like so many others, Grimm, an artist based in Portland, Oregon, hit a financial low point in ...
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Moderna says its new 'bivalent' vaccine shows promise against COVID variants Bancel added that another bivalent vaccine that combines the original strain with the omicron strain "remains our lead candidate" for a fall vaccination campaign aimed at protecting people against a winter surge. Results from the testing of that version ...
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Morgan Stanley sees a 'disappointing' earnings season ahead as the Russia-Ukraine war and inflation drag on The strategists, led by Michael J. Wilson, said they expect that first-quarter earnings reports could reveal a widespread drop in the earnings per share that companies report, and warned that businesses will cut their upcoming earnings forecasts.
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Moderna releases data to support its fall vaccine strategy A bivalent booster shot that the company began working on in February 2021, tailored to fight the original version of the virus and the beta variant, increased the level of virus-blocking antibodies against a variety of variants, including omicron, better ...
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Oil falls in volatile trade amid demand concerns, supply disruptions Oil prices slipped in volatile trading on Tuesday as investors weighed demand concerns against tight global supplies after Libya halted some exports and as factories in Shanghai prepared to reopen following a COVID-19 shutdown.
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