International Business
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The Fed Holds Rates Steady and Predicts Just One Reduction This Year
Federal Reserve officials left interest rates unchanged at their June meeting on Wednesday and predicted that they will cut borrowing…
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SpaceX Is Sued by Employees Fired After Criticizing Musk
Eight former employees of Elon Musk’s rocket company, SpaceX, sued the company and Mr. Musk on Wednesday, contending they were…
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NBA’s Adam Silver Says Jerry West Is the League’s Logo
Shortly after the announcement that Jerry West, the Hall of Fame basketball player and executive, had died at age 86…
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How to Read the Fed’s Projections Like a Pro
Federal Reserve officials are scheduled to release both an interest-rate decision and a fresh set of economic projections on Wednesday,…
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Amtrak Pays Executives Hefty Bonuses as Losses Continue
Fourteen Amtrak executives received more than $200,000 in incentive bonuses last year despite the service’s poor recent financial performance and…
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Sony Pictures Acquires Alamo Drafthouse in Lifeline to Cinema Chain
Sony Pictures Entertainment is acquiring Alamo Drafthouse Cinema and will manage the theater chain’s 35 cinemas, marking the first time…
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Tesla Shareholders to Vote on Elon Musk’s Pay Package
Under Elon Musk’s leadership, Tesla popularized electric vehicles and became the most valuable auto company in the world. Mr. Musk…
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How Fed Rates Influence Mortgages, Credit Cards and More
American households who are hoping interest rates will soon decline will have to wait a bit longer. The Federal Reserve…
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Housing Costs Cool, but Remain a Source of Concern
Overall inflation cooled sharply last month, but one of the most important categories of consumer prices — housing — remained…
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U.S. Expands Sanctions on Russia as G7 Leaders Gather
The Biden administration announced a series of new financial sanctions Wednesday aimed at interrupting the fast-growing technological links between China…
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