Category: Business

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Binance Spars With U.S. Regulators Over Asset Freeze

A judge urged the Securities and Exchange Commission to reach a compromise with Binance that would allow the world’s largest cryptocurrency exchange to continue operating in the United States.  » mehr lesen

Yellen Says Bid to Decouple From China Would Be ‘Disastrous’

The Treasury secretary, speaking to a House committee, said trade and investment were crucial in U.S.-Chinese relations.  » mehr lesen

U.S. Inflation Cools as Fed Plots Next Interest Rate Move

Consumer prices rose at the slowest pace in more than two years, an encouraging sign for policymakers as they plot their next interest rate move.  » mehr lesen

Inflation Continues to Cool, Offering Relief to Consumers

Consumer prices rose 4 percent in the year through May, the slowest pace in more than two years and an encouraging sign as the Fed plots its next interest rate move.  » mehr...

Stocks Climb as Inflation Continues to Cool

The S&P 500 has climbed more than 20 percent from a 2022 low, a marker of a new phase of exuberance in the markets.  » mehr lesen

Post-Pandemic Spending on Hotels and Travel May Be Cooling Down

Spending on hotels, airline tickets and recreation surged after the pandemic. This summer could mark a shift back to normal.  » mehr lesen

UK Braces for Higher Interest Rates as Risk of Inflation Grows

Wage growth has increased faster than expected, and investors are betting the Bank of England will have to keep interest rates higher for longer.  » mehr lesen

U.S. Food Prices Rose 0.2% in May

Prices at grocery stores and restaurants rose 0.2 percent last month from April, an increase after prices remained flat the two months before.  » mehr lesen

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