Category: Business

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Chip Makers, Once in High Demand, Confront Sudden Challenges

Demand for semiconductors was off the charts last year. But a sharp slowdown coupled with new U.S. restrictions against China have created obstacles.  » mehr lesen

US Economy Grew at 2.6% Annual Rate in Q3, GDP Report Shows

Gross domestic product increased 0.6 percent after two quarters of decline, but key components continue to show an economic slowdown.  » mehr lesen

US Mortgage Rates Soar Past 7% for the First Time Since 2002

The average rate on 30-year mortgages — the most popular kind among Americans — rose to the highest level since 2002, tracking the Federal Reserve’s aggressive campaign of rate increases.  » mehr lesen

OB-GYN Residency Programs Face Tough Choice on Abortion Training

Many residency programs for obstetricians and gynecologists are in a risky position, caught between state abortion bans and accreditation requirements.  » mehr lesen

New York Post Says Rogue Employee Was Behind Vulgar and Racist Posts

The news organization said it had fired the person who posted “vile and reprehensible” tweets and headlines.  » mehr lesen

McDonald’s Q3 Earnings: Higher Prices Helped Lift US Sales

The fast-food chain is the latest in a number of companies that have managed to increase prices without seeing a drop in demand.  » mehr lesen

European Central Bank Raises Interest Rates Again

Policymakers on Thursday approved another hefty rate increase to corral prices that have risen “far too high.”  » mehr lesen

Shell Reports Earnings of $9.45 Billion

The oil and gas giant said it had avoided Britain’s “windfall” tax because of big capital expenditures in the North Sea.  » mehr lesen

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