Economy
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G7 Tightens Enforcement of Oil Price Cap Amid Widespread Russian Evasion
The Treasury Department announced new sanctions on oil shippers and traders that have been helping Russia circumvent price restrictions.
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Americans May Be Taking on Too Much Pay Later ‘Phantom Debt’
Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could…
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Lift a Pinky. It’s Time for Tea.
Phoebe Cheong and Jude Andam, friends who live on opposite coasts, have recently begun a tradition whenever they see each…
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The Hot New Market in Crypto? Trading FTX’s Carcass.
Investors are spending hundreds of millions of dollars on FTX bankruptcy claims, betting that the firm’s new leaders will recover…
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U.K. Inflation Unexpectedly Cools to 3.9 Percent, Lowest in 2 Years
The News A streak of unexpectedly good news on inflation has continued in Britain, as the annual rate of price…
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Bird, an Electric Scooter Company, Files for Bankruptcy
The company, once a high-flying start-up whose services were hailed as the next big thing in personal transportation, lost much…
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What Does the Red Sea Crisis Mean for Oil Prices?
The Latest Energy companies like BP and shipping companies that transport crude oil have stopped sending some tankers through the…
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Washington Comes for the U.S. Steel Deal
Democrats and Republicans alike are questioning the wisdom of allowing an American industrial icon to fall into foreign hands.
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What Social Trends Taught Us About the 2023 Economy
From girl dinners to ChatGPT, a look back at the trends that broke the internet and taught us about the…
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Amazon to Bring Warhammer 40,000 to the Screen, With Henry Cavill
Games Workshop announced this week that the popular tabletop game will come to television and film in a deal with…