Economic News
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Worker rights pioneer Dolores Huerta wanted others to feel seen
Dolores Huerta fought for causes even in her golden years, when many others would be enjoying retirement
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China's record-breaking exports of clean tech are making a big dent in emissions, report says
China is exporting a record amount of clean energy technology and that is making a dent in global emissions
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Volkswagen posts $6.5 billion quarterly loss as China slump, Porsche writedown weigh on bottom line
Volkswagen has posted a $6.5 billion after-tax loss for the July-September quarter
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FTC orders Walmart, Delta and others to share how they use personal data to set prices and pay
The U.S. Federal Trade Commission is ordering Delta Air Lines, Walmart and other companies to provide detailed information on how they use consumers’ data when they are setting prices
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Federal Reserve keeps rates unchanged despite elevated inflation
The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about its next moves
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Wendy's, struggling with beef prices and growing competition, gets a buyout offer
Shares of Wendy’s jumped after noted investor Nelson Peltz made an offer to buy the struggling burger chain
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The bond market swings, but US stocks remain steady after the Fed says it won't raise interest rates
The bond market swung, while U.S. stocks ticked higher after the Federal Reserve decided not to raise its main interest rate to bring down high inflation
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UK seeks to give households 'breathing space' this winter over Iran war energy price spike
U_K_ Treasury chief John Healey has used his first budget statement to offer households and businesses support with their energy bills this winter in the face of what he termed “global economic storms.”
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Malaysia seizes servers with advanced AI chips suspected of violating export controls
Malaysia's customs department has seized 30 servers with advanced AI chips in a suspected export-control violation
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US consumer confidence recovers in October as gas prices eased a bit
American confidence in the economy rebounded somewhat in October as gas prices fell modestly but remain elevated
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