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Powell decided to raise interest rates by half a percentage point

To support financial markets and the economy during the pandemic, the Federal Reserve has more than doubled its asset portfolio made up of Treasuries...

A Chinese man with the nickname “Ma” was arrested. The news wiped out $26 billion of Alibaba stock

Alibaba, the Chinese e-commerce giant that Ma co-founded, saw its Hong Kong-listed shares drop as much as 9.4% on Tuesday after Chinese state media...

Two Krispy Kreme employees assaulted

Two Krispy Kreme employees in Spartanburg, South Carolina, have been hospitalized after a drive-by-car-picking donut fight that ended inside the restaurant, according to a...

Live news: HSBC shares soar after China’s Ping An calls for secession

BNP Paribas posted better-than-expected revenue and net profit for the first quarter, boosted by higher trading income after an attempt to build up its...

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