Money News
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US stocks waver, on track for 4th monthly loss this year
Stocks shifted between gains and losses on Wall Street Wednesday morning, keeping the market on track for its fourth monthly loss this year
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Strong ruble could hurt Russian businesses, official warns
As the ruble strengthens to levels not seen in seven years, Russia’s minister of economic development warns that the country’s businesses could suffer if the trend persists
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Asian shares track Wall St drop as inflation fears drag on
Shares have retreated in Asia after another broad decline on Wall Street as markets remain gripped by uncertainty over inflation, rising interest rates and the potential for a recession
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Europe's central bank ready to 'stamp out' surging inflation
The head of the European Central Bank says it will move gradually to combat soaring consumer prices with interest rate hikes in July and September but will keep its options open to “stamp out” inflation if it surges faster than expected
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World shares mostly higher after wobbly day on Wall Street
Global stocks are mostly higher after a wobbly day on Wall Street as markets cooled off following a rare winning week
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EXPLAINER: What's the impact of a Russian debt default?
Russia has defaulted on foreign debt for the first time since the Bolshevik Revolution more than a century ago, further alienating the country from the global financial system amid its war in Ukraine
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Senior US officials visit Sri Lanka to help resolve crisis
Senior U.S. officials are in Sri Lanka seeking ways to help the island nation cope with an unprecedented economic crisis and severe shortages of essential supplies
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EXPLAINER: What's the impact of a Russian debt default?
Russia is poised to default on its foreign debt for the first time since the 1917 Bolshevik Revolution, further alienating the country from the global financial system amid its war in Ukraine
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Did corporate greed fuel inflation? It's not biggest culprit
Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly jack up prices and pocket the profits
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Bangladesh marks opening of country's longest bridge
Bangladesh’s Prime Minister Sheikh Hasina has celebrated the opening of the country’s longest bridge, which took eight years to build amid setbacks involving political conflict and corruption allegations
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