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Almost half-way through 2023, the stock market is outperforming most analysts’ expectations as earnings rebounded nicely and equity indices are mostly positive. The most popular domestic equity benchmark, the S&P 500, is up 9.7% for the year as of May 31st, a solid bounce back from 2022’s 18.1% decline. The…

© Reuters. FILE PHOTO: The offices of gene sequencing company Illumina Inc are shown in San Diego, California January 11, 2016. REUTERS/Mike Blake/File Photo WASHINGTON (Reuters) – Illumina Inc (NASDAQ:) filed an appeal late on Monday against an order by the U.S. Federal Trade Commission, which is demanding that the…

The debt ceiling deal reached by President Joe Biden and House Speaker Kevin McCarthy would end the Education Department’s pause on federal student loan payments and interest collection after Aug. 30. After passing in the House, the Senate is set to vote on the deal Thursday. This legislation would raise…

Americans are drowning in credit card debt as chronic inflation makes the cost of everyday necessities more expensive.  The New York Federal Reserve Bank’s Quarterly Report on Household Debt and Credit, slated for release on Monday morning, is expected to show that credit card debt soared to a historic $1…

MEXICO CITY (Reuters) – Mexico on Monday pitched a series of tax incentives aimed at luring companies into investing in a business corridor that President Andres Manuel Lopez Obrador is developing in a southern isthmus in hopes of competing with the Panama Canal. The finance ministry said companies that invest…

By Kantaro Komiya and Kaori Kaneko TOKYO (Reuters) – Japan’s wages rose in April as major companies lifted pay at the fastest pace in three decades on workers’ increased demands for salaries to keep up with inflation, but households’ spending remained weak and underlined a patchy economic recovery. The April…

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