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Why Yellen doesn't lose sleep over US borrowing that alarms most Americans

Whether they favor debt-limit brinkmanship or not, most Americans are alarmed by the level of U.S. government borrowing. Treasury Secretary Janet Yellen isn’t one of them. ....

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Asian shares rise except Japan as markets eye China protests

Asian shares are trading mostly higher as market jitters decline over protests in China set off by growing public anger over COVID-19 restrictions. Benchmarks rose in early trading in Australia, ....

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Major banks support rainforest oil project despite problems

Financing fossil fuels, which are the primary cause of climate change, has become controversial in recent years, with major banks under fire for the scale of their lending for oil and gas development ....

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Text of the Federal Reserve's policy statement Wednesday

Text of the Federal Reserve's policy statement Wednesday
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EXPLAINER: How will we know if the U.S. is in recession?

The U.S. economy grew faster than expected in the July-September quarter, underscoring that the United States is not in a recession despite distressingly high inflation and interest rate hikes by the Federal Reserve ....

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