Economics

Demand at food banks is way up again. But inflation makes it harder to meet the need

Demand at food banks is way up again. But inflation makes it harder to meet the need

  • By Admin --
  • Thursday, 02 Jun, 2022

NORFOLK, Virginia — On a sultry evening at a neighborhood food pantry in this waterfront city, some in the line outside have come from work.…

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Russia considers allowing cryptocurrency for international payments as sanctions over Ukraine bite

Russia considers allowing cryptocurrency for international payments as sanctions over Ukraine bite

  • By Admin --
  • Saturday, 28 May, 2022

Russia is considering allowing cryptocurrency to be used for international payments, news agency quoted a government official saying on Friday.

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US economy shrank by 1.5% in Q1 but consumers kept spending: Govt report

US economy shrank by 1.5% in Q1 but consumers kept spending: Govt report

  • By Admin --
  • Friday, 27 May, 2022

The U.S. economy shrank in the first three months of the year even though consumers and businesses kept spending at a solid pace, the government reported…

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CEO pay up 17 percent as profits stocks soar workers fall behind

CEO pay up 17 percent as profits stocks soar workers fall behind

  • By Admin --
  • Friday, 27 May, 2022

Even when regular workers win their biggest raises in decades, they look minuscule compared with what CEOs are getting. The typical compensation package…

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China premier Li Keqiang issues warning on Covid-hit economy

China premier Li Keqiang issues warning on Covid-hit economy

  • By Admin --
  • Friday, 27 May, 2022

China's premier NSE -4.21 % has sounded an unusually stark warning about the world's second-largest economy, saying it must return to…

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ASX slip after rising on tech US stocks rally on rate rise outlook

ASX slip after rising on tech US stocks rally on rate rise outlook

  • By Admin --
  • Thursday, 26 May, 2022

Australian shares have fallen after a positive start on Thursday, following a strong session on Wall Street as investors clung onto…

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Power prices to surge up to 18.3 per cent as energy market turmoil flows through to households

Power prices to surge up to 18.3 per cent as energy market turmoil flows through to households

  • By Admin --
  • Thursday, 26 May, 2022

Millions of Australian households are set to be hit by soaring electricity costs after the energy industry watchdog increased key prices by hundreds…

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5 things to know before the stock market opens Wednesday

5 things to know before the stock market opens Wednesday

  • By Admin --
  • Wednesday, 25 May, 2022

U.S. stock futures fell Wednesday, one day after the Nasdaq dropped 2.4% as Snap’s 43% slide on a profit warning dragged…

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