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Energy and labor costs are cutting further into some corporate profits, in the latest sign that inflationary forces continue to course through industries, pressure executives and worry Wall Street.
Energy and labor costs are cutting further into some corporate profits, in the latest sign that inflationary forces continue to course through industries, pressure executives and worry Wall Street. https://ift.tt/FSab01B
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The EU is launching an antisubsidy investigation into China’s electric-vehicle makers, opening a new front in the battle for leadership of the global clean-technology industry.
The EU is launching an antisubsidy investigation into China’s electric-vehicle makers, opening a new front in the battle for leadership of the global clean-technology industry. https://ift.tt/w3GuiJ2
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Citigroup’s Fraser is shaking up the bank’s upper management levels, shedding layers and overlapping roles in her latest bid to simplify the sprawling organization.
Citigroup’s Fraser is shaking up the bank’s upper management levels, shedding layers and overlapping roles in her latest bid to simplify the sprawling organization. https://ift.tt/anNk1sp
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SpaceX’s Starlink satellite-internet division has outpaced rivals and generated surging revenue, but the business still has a long way to go before living up to Chief Executive Elon Musk’s ambitions.
SpaceX’s Starlink satellite-internet division has outpaced rivals and generated surging revenue, but the business still has a long way to go before living up to Chief Executive Elon Musk’s ambitions. https://ift.tt/FBGeCcq
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Arm set a price of $51 a share as the British chip designer lays the groundwork for the biggest U.S. public offering of the year.
Arm set a price of $51 a share as the British chip designer lays the groundwork for the biggest U.S. public offering of the year. https://ift.tt/9vTgKzn
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Stock traders appeared relieved the inflation data didn’t come in hotter than expected and lifted the S&P 500 and Nasdaq by 0.1% and 0.3%, respectively. The Dow industrials fell 0.2%.
Stock traders appeared relieved the inflation data didn’t come in hotter than expected and lifted the S&P 500 and Nasdaq by 0.1% and 0.3%, respectively. The Dow industrials fell 0.2%. https://ift.tt/ArYD7NE
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Consumer prices rose in August at the fastest pace in more than a year due to a jump in energy costs, illustrating the potential obstacles to wringing inflation out of the economy without a sharper slowdown.
Consumer prices rose in August at the fastest pace in more than a year due to a jump in energy costs, illustrating the potential obstacles to wringing inflation out of the economy without a sharper slowdown. https://ift.tt/ZQt5qWB
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The U.S. ambassador to the U.N. and the family of Wall Street Journal reporter Evan Gershkovich called for his immediate release from Russia.
The U.S. ambassador to the U.N. and the family of Wall Street Journal reporter Evan Gershkovich called for his immediate release from Russia. https://ift.tt/5dR4mJI
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McCarthy laid out a road map for passing legislation to keep the government funded past Oct. 1, but the House speaker ran into new roadblocks from spending hawks.
McCarthy laid out a road map for passing legislation to keep the government funded past Oct. 1, but the House speaker ran into new roadblocks from spending hawks. https://ift.tt/K10nekX
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A federal judge again ruled that the Obama-era program protecting young immigrants known as Dreamers is illegal, rejecting Biden administration efforts to shore up program.
A federal judge again ruled that the Obama-era program protecting young immigrants known as Dreamers is illegal, rejecting Biden administration efforts to shore up program. https://ift.tt/05MPTix
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Wall Street World 