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What if the Fed can't tame inflation? Members of the Federal Reserve, the central bank tasked with deflating inflation from 8.3% to its goal of around 2%, are now raising interest rates in an attempt to cool the economy. A policy ...
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Abbott CEO apologizes for the formula shortage as the first overseas shipment arrives The CEO of Abbott, the company whose voluntary recall of several widely sold baby formula brands helped trigger a nationwide formula shortage, has apologized for the crisis, as the first overseas shipment of formula approved by President Biden arrived ...
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Powerball numbers for Saturday, May 21, 2022. Still no winning ticket, jackpot hits $125M Are you feeling lucky? The Powerball numbers have been selected for the Saturday, May 21 lottery jackpot worth an estimated $117 million, with a cash option of $68.4 million. Powerball winning numbers. The winning numbers for Saturday night's drawing ...
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Croupiers at Montreal Casino launch unlimited strike as negotiations hit impasse Croupiers at the Montreal Casino launched an unlimited general strike on Saturday as negotiations over a new collective agreement have stalled. In a statement, the union representing workers said the strike started at 9 a.m. with a picket line erected ...
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SpaceX looks to raise $1.7 billion in new funding, boosting its valuation to $127 billion SpaceX is raising a massive round of fresh funding, CNBC has learned, sending the private company's valuation to about $127 billion. The space venture is looking to bring in up to $1.725 billion in new capital, at a price of $70 per share, according to ...
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HSBC suspends head of responsible investing who called climate warnings 'shrill' HSBC came under pressure to fire Kirk after he gave a presentation in London entitled "why investors need not worry about climate risk", in which he made light of major flooding risks, and complained about having to spend time "looking at something that's ...
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