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ECONOMICS

Nasdaq Wanes Amid Weak Big Tech Earnings
(Reuters) — The Nasdaq index fell on Wednesday, Oct. 26 as disappointing results and warnings from Microsoft...
US Consumers Confidence Ebbs as Housing Prices Slow
WASHINGTON (Reuters) — U.S. consumer confidence ebbed in October after two straight monthly increases...
US Fiscal Budget Deficit Halves to $1.375 Trillion Despite Student Loan Costs
WASHINGTON (Reuters) — The U.S. government revealed on Friday, Oct. 21 that its fiscal 2022 budget deficit...
Oil Prices Fluctuate Amid Recession Concerns and Unstable Chinese Demand
NEW YORK (Reuters) — Oil prices toggled between negative and positive territory on Friday, Oct. 21 as...
Britons Turn to ‘Warm Banks’ Amid Political Turmoil and Worsening Inflation
LONDON (Reuters) — As winter approaches and temperatures dip, charities and local authorities across...
Social Security Payments Get Biggest Hike in 40 Years, But Inflation-hit Taxpayers Will Feel the Squeeze
Social security benefits are set to rise by 8.7 percent in 2023 to help retired workers offset heavy...
British PM Truss Vows to ‘Carry On’ Amid Dwindling Support
LONDON (Reuters) — British Prime Minister Liz Truss warned of tough times ahead after she scrapped her...
Goldman Sachs Unveils Revamp Amid Profit Slump
NEW YORK (Reuters) — Goldman Sachs Group Inc. will reorganize its business into three units and scale...
Abu Dhabi Transfers Etihad Aviation Group to Wealth Fund ADQ
DUBAI (Reuters) — Abu Dhabi sovereign wealth fund ADQ said on Tuesday, Oct. 18 that the government had...