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Fed Officials See ‘Transitory’ Inflation Lasting Quite a While

All year the Federal Reserve’s message on inflation has been consistent: This year’s surge is transitory, and inflation will soon…

0 Min Read

Amazon Faces Headquarters Controversy—This Time in Africa

CAPE TOWN, South Africa—U.S. retail behemoth Amazon.com Inc. is once again embroiled in politically charged controversy as it tries to establish…

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New Platform Backed by Fidelity, Goldman Seeks to Bring IPO Market Into Digital World

A new technology platform backed by the biggest U.S. banks and money managers is aiming to bring the IPO market…

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Stock Futures Rise as Investors Eye China Evergrande

U.S. stock futures rose, pointing to gains for major indexes as investors remained upbeat that trouble with property giant China…

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Iron-Ore Prices Buckle as Evergrande Adds to China Concerns

SYDNEY—The crisis engulfing property developer China Evergrande Group is causing iron-ore prices to buckle, as investors worry that pressure on…

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Biophilic Design Is Helping Big-City Apartment Towers Get Back to Nature

Waiting out the pandemic in a high-rise apartment close to the center of a major international city has been a…

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California Governor Signs Bill Targeting Amazon Warehouse Quotas

California Gov. Gavin Newsom has signed a new law that will require Amazon.com Inc. and other companies to disclose any…

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Facebook Ordered to Hand Over Records on Closed Myanmar Accounts

WASHINGTON—A federal judge ordered Facebook Inc. on Wednesday to hand over records related to accounts it shut down in 2018…

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FDA Clears Covid-19 Booster Shots From Pfizer for High-Risk People

U.S. health authorities cleared Covid-19 vaccine booster shots for people 65 and older and certain other adults at high risk…

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Afghan evacuees charged with assaults at Fort McCoy

Two Afghan men who were brought to the U.S. in the Biden administration’s airlift have been indicted on assault and…

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Handling friction at Ryder Cup a European specialty

SHEBOYGAN, Wis. — Friction within the team is nothing new at the Ryder Cup. Except for the Americans. Europe has…

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Elizabeth Holmes Trial: Jim Mattis Tells Jury He Came to Doubt Theranos Technology

SAN JOSE, Calif.—Former Defense Secretary Jim Mattis testified Wednesday in the criminal trial of Theranos Inc. founder Elizabeth Holmes that…

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Facebook’s Chief Technology Officer to Step Down

Facebook Inc.’s chief technology officer, a long-serving top lieutenant to co-founder Mark Zuckerberg, said on Wednesday he will step down…

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U.S. Chamber of Commerce pressing House Republicans to save $1.2T infrastructure bill

The U.S. Chamber of Commerce is pressuring House Republicans to save President Biden’s $1.2 trillion infrastructure package in the face…

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Powell: Fed Is Taking Questions About Officials’ Trading Very Seriously

Federal Reserve Chairman Jerome Powell declined to voice clear support for the leaders of the Dallas and Boston Fed banks…

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