Business
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As China’s Economy Stumbles, Homeowners Boycott Mortgage Payments
For decades, buying property was considered a safe investment in China. Now, instead of building a foundation of wealth for…
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Inflation in Britain Jumps to 10.1 Percent, Pushed Higher by Food Prices
Consumer prices in Britain continued to jump higher in July, rising 10.1 percent from a year earlier, the fastest pace…
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Biden Signs Climate, Health Bill Into Law as Other Economic Goals Remain
WASHINGTON — President Biden signed into law a landmark tax, health and energy bill on Tuesday that takes significant steps…
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Education Department wipes out $4 billion in ITT Tech student loans.
The Education Department sent a claim this week to DeVry University, once one of the nation’s largest for-profit college chains,…
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Biden Signs Expansive Health, Climate and Tax Law
WASHINGTON — President Biden on Tuesday signed a long-awaited bill meant to reduce health costs, reduce greenhouse gas emissions and…
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Can Disney Do Better?
Dan Loeb takes on Mickey’s minders, again Third Point, the hedge fund led by Dan Loeb, has bought a new…
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Thousands of Capri Sun Cases Recalled Over Possible Cleaning Product Contamination
More than 5,700 cases of Wild Cherry-flavored Capri Sun juice potentially contaminated with diluted cleaning solution have been voluntarily recalled,…
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The 1 Percent Buyback Tax Doesn’t Scare Investors
Investors and financial analysts appear unmoved by the passage of a 1 percent tax on companies’ repurchases of their own…
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NBCUniversal is replacing Mark Hoffman, CNBC’s long-serving chairman.
NBCUniversal said Tuesday that the long-serving chairman of CNBC would be replaced by a senior advertising executive at the company,…
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New York Developers Rush to Reduce Emissions as Hefty Fines Loom
Worried about higher temperatures, more frequent and intense rainfall and rising seas that are nibbling away at New York’s coastal…
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