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Asian shares mixed after China says growth weakened in 2Q
Jul 14, 2022 7:00 am - BANGKOK (AP) - Share prices were mixed in Asia on Friday after China reported its economy contracted by 2.6% in the last quarter as virus shutdowns kept businesses close...
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California social media addiction bill drops parent lawsuits
Jul 14, 2022 7:00 am - SACRAMENTO, Calif. (AP) - A first-of-its-kind proposal in the California Legislature aimed at holding social media companies responsible for harming children who have be...
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Russia's war to keep hitting EU economy, push up inflation
Jul 14, 2022 7:00 am - BRUSSELS (AP) - Russia's war in Ukraine is expected to wreak havoc with the European Union's economic recovery for the foreseeable future with lower annual growth and re...
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Fed board member opens door to 1-point hike if demand rises
Jul 14, 2022 7:00 am - WASHINGTON (AP) - Christopher Waller, a member of the Federal Reserve's Board of Governors, said Thursday that he would be open to supporting a huge 1 percentage point i...
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JPMorgan 2Q profit drops; CEO warns of economic challenges
Jul 14, 2022 7:00 am - NEW YORK (AP) - Profits at JPMorgan Chase fell by 28% in the second quarter as the bank tries to navigate an economy that's showing strength in many areas but losing ste...
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Wholesale inflation in June surged 11.3% from a year ago
Jul 14, 2022 7:00 am - WASHINGTON (AP) - Inflation at the wholesale level climbed 11.3% in June compared with a year earlier, the latest painful reminder that inflation is running hot through ...
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US weekly jobless claims at highest point in nearly 8 months
Jul 14, 2022 7:00 am - WASHINGTON (AP) - The number of Americans applying for unemployment benefits last week hit its highest level in nearly 8 months, but the total number of those collecting...
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Canadian owner OKs $84M in work, $1.5M fine; Louisiana plant
Jul 14, 2022 7:00 am - NEW ORLEANS (AP) - The company that owns a closed fertilizer plant in Louisiana has agreed to clean up more than a billion pounds of hazardous waste and to pay a $1.5 mi...
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Eugenio Scalfari, revolutionized Italy's journalism, dies
Jul 14, 2022 7:00 am - ROME (AP) - Eugenio Scalfari, who helped revolutionize Italian journalism with the creation of La Repubblica, a liberal daily that boldly challenged Italy's traditional ...
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Asian stocks down after US inflation fuels rate hike fears
Jul 14, 2022 7:00 am - BEIJING (AP) - Asian stock markets rose Thursday despite a record-setting U.S. inflation report that pointed to more possible interest rate hikes that investors worry wi...