Finance
Burberry shares sink 9% as luxury spending slowdown bites
Pedestrians walk past a Burberry Group Plc store, left, in the Causeway Bay shopping district of Hong Kong, China.Xaume Olleros...
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U.S. and China agree to resume military talks. Takeaways from the Biden-Xi summit
U.S. President Joe Biden and Chinese President Xi Jinping agreed to resume high-level military communication when they met in person...
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China President Xi meets Biden for the first time in a year
BEIJING — U.S. President Joe Biden and Chinese President Xi Jinping met Wednesday outside of San Francisco in their first...
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China retail sales, industrial data grow faster than expected in October
BEIJING — China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened. Retail...
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UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
U.S. Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed...
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Former St. Louis Fed president says the FOMC still has ‘a ways to go’ on inflation
James Bullard at Jackson Hole, Wyoming.David A. Grogan | CNBCFormer St. Louis Fed President Jim Bullard says the Federal Reserve...
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Fed’s Mary Daly says it’s ‘too early to declare victory’ on inflation
Mary Daly, president of the Federal Reserve Bank of San Francisco, poses after giving a speech on the U.S. economic...
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New fund bets big on Eisenhower-era stocks
Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known...
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Ripple CEO says SEC has lost sight of mission to protect investors
Brad Garlinghouse, chief executive officer of Ripple Labs Inc., speaks during the Token2049 conference in Singapore, on Wednesday, Sept. 13,...
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‘T-bill and chill’: Why Jack Bogle’s strategy of ‘lazy’ investing is making a comeback
Jack BogleMark Lennihan | APBoring investing is making a comeback.With the meme-stock rally in the rearview mirror and interest rates...
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