Bessent joins Japan to help reverse months of yen losses
The US joined Japan in engineering one of the most notable rebounds in the yen since the currency began its years-long slide, a decline that’s stoked inflation in the Asian…
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Category: News
Exxon, Chevron warn fuel prices to endure as war knocks refining
High fuel prices are likely to stick around even if oil prices drop in the coming months as the wars in Russia and Middle East leave global refining capacity critically…
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Welcome to the mega-war: Mideast and European conflicts merge, sucking in more countries along the way—even ones claiming neutrality
Wars in Iran and Ukraine are increasingly overlapping while also expanding, as the U.S. mulls whether to make another attempt at delivering a knockout blow against Tehran. Recommended Video Last…
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Fed Chair Kevin Warsh talks a big game, but this market indicator will tell you if Wall Street trusts him after he caused a ‘credibility shock’
Federal Reserve Chairman Kevin Warsh has been talking a big game for months about fighting inflation, but failure to signal an intention to follow through soon has Wall Street questioning…
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Amid fears of Iranian cyberattacks, Michigan joins Minnesota in reporting hackers targeted water systems. The FBI is now investigating
Michigan on Saturday joined Minnesota in reporting cyberattacks on nine of the state’s water systems but an official said all systems were operating “safely.” Recommended Video Earlier this week, authorities…
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The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
President Donald Trump’s immigration crackdown and the surge in baby boomer retirements could soon redefine what it means to have a healthy labor market. Recommended Video Americans have long been…
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SpaceX’s record IPO is helping spur a new wave of startups aiming for orbit and opening a vast new market beyond Earth
SpaceX’s blockbuster IPO did more than turn Elon Musk’s rocket company into one of the world’s most valuable businesses. Recommended Video Investors and founders say it is also helping transform…
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Fortune Archives: The oil boom that never ended
The era of fossil fuel supremacy was supposed to be nearly over by now—or at least headed that way. Instead, as Olivier Le Peuch, the CEO of the energy services…
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He was homeless at 16. Now he sits on the board of David Beckham’s wellness company and his business is about to hit $1 billion in revenue
Many entrepreneurs chase success for years before finding their breakthrough. And Hudson Leogrande knows all too well the trials that come with building from nothing: Over the span of 14…
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‘Retiring backwards’: How cold economic reality forced Gen X into something like the reverse of baby boomers’ golden years
Picture a 58-year-old getting the band back together, literal instruments, amplifier, van, and all, or dusting off a skateboard he hasn’t touched since the Reagan administration, and calling it a…
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