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FINANCE

Federal Reserve Chair Jerome Powell Holds News Conference Following Federal Open Market Committee Meeting

Fed Announces First Rate Cut Since 2020, Lowering Interest by 0.5 Percent

The benchmark interest rate for lending is now 4.75 to 5 percent, following the Federal Reserve's long-awaited announcement of a rate decrease on Wednesday, Sept. 18. After the Federal Open Market Committee (FOMC) meeting, held eight times a year, the organization that serves as America's central bank unveiled a 0.5-percent

DAYES Coffee Brings Bold New Flavors to Middletown in Flagship Store Opening

China’s Workforce Crisis: Why Lawmakers Are Pushing to Raise the Retirement Age

China’s Arctic Expansion Unveils Troubling ‘Polar Silk Road’: 5 Things to Know

Bank of Japan Will Continue Raising Interest Rates if Spending, Wages Increase: Board Member

A board member of the Bank of Japan said on Sept. 5 (Thursday) that if companies continue to increase spending and wages, the nation's central bank would keep raising interest

Airbnb Asks NYC to Reconsider Short-term Renting Rules

Airbnb has requested that New York City reconsider a law on short-term rentals that went into effect a year ago in September 2023, saying that the new rules have had

NY NOW: The Ultimate Hub for Home, Lifestyle, and Gift Innovations

Jake Sullivan Meets With Xi in Rare Meeting as Washington Navigates Sino-US Tensions

Musk’s SpaceX Testing Breakthrough Tech in High-stakes Private Spacewalk Trial

China and Vietnam Sign 14 Strategic Deals After Xi Jinping Meets With To Lam in Beijing

China’s Youth Unemployment Crisis Spurs Rise of ‘Rotten-Tail Kids’

China-Youth-unemployment-Getty-Images-1497215407

US Likely Added 818,000 Fewer Jobs Last Year Than Reported

Communist Policies Hurt China’s Coastal Economy as US Tariffs Loom

The Chinese private sector, having grown extensively in the last several decades, is now on the verge...

Hedge Fund Manager Says US Tariffs on China ‘Level the Playing Field’

Even as worries abound about the ongoing U.S.-China trade war, Hedge fund manager Kyle Bass, founder...

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