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Monday, January 30, 2023

Heating bills this winter average 931 yuan pe...

With high oil prices pushing up inflation, driving up travel and cooling costs this summer, and now with colder weather, the Federal Energy Information Administration (EIA) says heating this winter wi...

UK pension funds dump assets

UK pension funds are selling assets to meet margin calls as the Bank of England confirmed it will end emergency bond purchases. Markets from Sydney to Frankfurt and New York have been affected. U.S...

Semiconductor stocks plunge, Nasdaq hits two-...

U.S. stocks closed lower on the 10th, with the Nasdaq falling to its lowest level in two years, as interest rates soared and technology stocks continued to be battered in a bear market. The Nasdaq ...

Fed raising rates too much could trigger a re...

At each of the past three policy meetings, the Fed has raised rates by 75 basis points, the fastest pace of rate hikes since the 1980s. Based on the statements of several Fed officials, the November m...

Credit Suisse faces restructuring challenges

Recently, the second largest bank in Switzerland, Credit Suisse (Credit Suisse), has been hit by negative news such as investment losses, and its stock price has continued to fall. Analysts believe th...

Japan’s foreign exchange reserves fell ...

Japan's foreign exchange reserves fell sharply##Japan's foreign exchange reserves fell by 54 billion US dollars in a month#] Yesterday, the latest data released by the Japanese Ministry of Finance sho...

Apple reports blowout earnings, record revenu...

Apple (AAPL) reported its Q1 earnings on Thursday, blowing away Wall Street's expectations with a historic quarter on strong demand for the iPhone 13 and services. Here are the most important n...

Fed holds rates at near zero, tees up interes...

The Federal Reserve on Wednesday held interest rates at near zero, but reiterated its commitment to withdrawing its pandemic-era easy money policies in the face of rapid price increases. “With infl...

U.S. Market Enjoys Record 44 Percent Spike in...

According to the National Association of Realtors, U.S. pending home sales mounted a record comeback in May 2020, seeing encouraging contract activity after two previous months of declines brought on ...

PECHANGA RESORT CASINO OPENS WITH LIMITED OPE...

Sign outside of one of Pechanga’s entrances reminds guests about temperature protocols –Pechanga guest has temperature scanned before going inside on June 1. (U.S. Commerce News) On Monday, Jun...