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local market innovation

Local market growth and innovation: the potential beyond global corporations

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It’s easy in a world where global corporations have mastered technology and become technological wonders to ignore the potential for innovation and growth within local markets around the globe. Local businesses are often at a crossroads as they struggle to adapt to the digital era. While technology giants have made great strides, many local companies find …

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American politics and inflation

The U.S. strategy for a soft landing of its economy

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Business hiring is a good indicator of a soft landing in the economy. The Federal Reserve wants to see the economy cool in certain areas to combat inflation. Freight railroads, for instance, are seeing shipping volumes decline. Construction companies are cutting equipment purchases. Customers of a vending machine company are negotiating lower prices. The key to a slowdown …

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Data Analytics

U.S. Economic Growth Accelerates – Defying Expectations of a Slowdown

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The Federal Reserve is pushing interest rates up to two-decade levels despite faster economic expansion in the spring. Gross Domestic Product increased at an annual rate of 2.4%, adjusted for inflation and season, according to the Commerce Department’s report on Thursday. This was higher than the economists’ expectations and above the 2% annual growth rate in the first quarter of the …

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Nord Stream Pipelines

The Fed and drivers are both unhappy about rising oil prices

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The U.S. saw its inflation reach a 40-year high last year, thanks to soaring oil prices. This trend had been expected to reverse by 2023. The benchmark crude oil price has risen by more than 18% in the last month. This is driving up the costs of American workers’ commutes and freight haulers’ trips between warehouses, as well as the …

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Nord Stream Pipelines

Saudi Arabia’s Cut in Oil Production Could Cost You a Lot

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Riyadh’s 10% reduction in output suggests that it is willing to sacrifice its market share to maintain prices VIENNA — Saudi Arabia cut 10% off its oil production over the weekend to boost prices. The results so far indicate that it may be a costly gamble. Saudi Energy Minister Prince Abdulaziz bin Salman, who warned speculators OPEC+ …

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Alvin Bragg revived a strong case against Donald Trump

Alvin Bragg revived a strong case against Donald Trump

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The investigation into the former president seemed to have ended a year ago. This week’s indictment was made possible by a series crucial turning points. This week one year ago, the Manhattan district attorneys investigation into Donald J. Trump seemed dead in the water. After Alvin L. Bragg became the district attorney and decided not to …

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U.S. is planning to limit the influence of Chinese A.I. supercomputing companies

The reasons for which money makes people so anxious

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We asked experts for tips on managing stress as tax day approaches. It is tempting to procrastinate: The Internal Revenue Service project that it will be receiving extensions requests from more than 20 million people this fiscal year. Perhaps we wait because it takes 13 hours for the forms to be filled out. Perhaps tax time forces us into …

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Twitter deal with Elon Musk

Twitter tries to call employees as a deal with Elon Musk

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The $44 billion deal Mr. Musk made to purchase Twitter is expected to close by Oct. 28. This is a way for the company to reassure employees about their jobs and their compensation. Twitter is trying to calm employees’ fears about Elon Musk’s imminent takeover of the company. This raises concerns about a seismic overhaul of …

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Judge grants Elon Musk's request to delay his trial with Twitter

Judge grants Elon Musk’s request to delay his trial with Twitter

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Delaware judge gave Musk until October 28th to close the deal. Although the trial was scheduled to begin in less than a week it could still take place in November. The surprise return of Elon Musk to the bargaining table at Twitter this week might have been just the beginning of the long-running struggle for …

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