Author: super@dmin
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: As food prices rise, this Detroit mother is forced to choose between paying her energy bill or buying groceries
Food prices rose 11.2% on the year in September.
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Key Words: Trump decided months before the election to declare victory if he lost, says his former campaign manager
Former Trump campaign manager Brad Parscale told the Jan. 6 committee that Trump planned to say he won the 2020 presidential election months before election day
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: Walgreens gets serious about its move into healthcare
Walgreens Boots Alliance is doubling down on its big healthcare bet as the pharmacy giant upped a long-term sales target for its growing healthcare business.
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The Ratings Game: Taiwan Semi rallies as exposure to China restrictions minimal, capital spending cut
Taiwan Semiconductor Manufacturing Co. injected some much needed optimism into the chip sector Thursday, after the third-party silicon-wafer fabricator reported results and an outlook that indicated the market wasn’t in as dire a shape as some feared.
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Washington Watch: Betting markets now see Republicans winning Senate in midterm elections, as GOP slightly favored for first time in 2 months
Republicans’ odds for taking control of the U.S. Senate in the midterm elections are continuing to improve, with betting market PredictIt now favoring the GOP.
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Market Extra: Hot U.S. inflation is boosting market expectations for a 5% or higher fed-funds rate in a matter of months
With inflation showing no signs of letting up, expectations are building in financial markets for a 5% fed-funds rate by March that brings more volatility.
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The Wall Street Journal: One in five federal officials trade stock in companies their agencies oversee
Thousands of officials across the government’s executive branch reported owning or trading stocks that stood to rise or fall with decisions their agencies made.
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The Wall Street Journal: Samsung and TSMC granted exemption from new U.S. chip restrictions on China
Samsung Electronics Co. has been granted a one-year exemption from new U.S. curbs on China’s chip industry, according to people familiar with the matter, joining a list of semiconductor giants that have received dispensation.
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: Stop selling Las Vegas Sands stock as Macau, COVID risks fade, BofA says
Shares of Las Vegas Sands Corp. rose Thursday after BofA Securities backed away from its bearish call, as risks around its Macau exposure abate, and as COVID risks appear to be on “borrowed time.”
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: Apple gets into the savings game as it deepens financial push
Apple Inc. is deepening its involvement in the world of financial services.