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ECONOMICS

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...
South Africa’s Transnet Agrees to Three-Year Wage Deal With Majority Labor Union
(Reuters) — South African state-owned logistics firm Transnet said on Monday, Oct. 17 that it had agreed...
US-ECONOMY-INFLATION
Soaring Rent, Food Costs Keep US Inflation on Front Burner; Labor Market Tight
By Lucia Mutikani, Reuters. WASHINGTON — U.S. consumer prices increased more than expected in September...
Wall Street Rallies, Technicals Help Market Rebound
NEW YORK (Reuters) — U.S. stocks ended sharply higher on Thursday, Oct. 13 as investors pulled back on...