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As much of the world fights desperately to bring down soaring prices that are slashing living standards, China is trying to do the opposite.Consumer prices rose by just 0.7% in March, compared with a ···
First Republic Bank is still an independent bank. The question Saturday was how much longer that will continue to be true.Shares of First Republic plunged from $122.50 on March 1 to around $3 a share ···
For years, Microsoft flew under the radar as policymakers around the world went after Amazon, Facebook and Google as some of the biggest alleged threats to fair competition.But now, more than two deca···
Washington, DC CNN —Mortgage rates inched up again this week. Prior to last week’s rise, rates had dropped for five weeks in a row as inflation continues to ease.The 30-year fixed-rate mortgage aver···
Samsung Electronics flagged a gradual recovery for chips in the second half of the year after its semiconductor business reported a record loss on Thursday, driven by weak demand for tech devices.A gl···
New York CNN —First Republic Bank is in a fight for its survival.The past few weeks have been brutal for the San Francisco-based lender. Now, some analysts say a collapse of the bank is imminent.“It···
First Republic stock plunged by nearly 50% at the close of trading on Tuesday, hitting a new record low after the embattled lender reported late Monday that its total deposits fell 41% in the first qu···
Temu, an online shopping platform that has quickly become the most popular app in the United States, has crossed the Atlantic.The company is now operating in six European countries, including France, ···
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