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The venture capital giant Sequoia Capital is splitting its China business into a separate entity amid rising tensions between Washington and Beijing.The renowned Silicon Valley firm, which made bets on fast-growing tech companies such as TikTok parent ByteDance and Alibaba, said on Tuesday it will run its Chinese business as…

This article is reprinted by permission from NerdWallet.  According to the Bureau of Labor Statistics, April’s inflation report showed a decrease for the 10th consecutive month. So why am I not celebrating yet? Because gas is still over $3 per gallon where I live in North Carolina (and it tops $4 on…

© Reuters. FILE PHOTO: Protesters hold signs during a rally in support of rail workers in Columbus, Ohio, U.S., December 13, 2022. REUTERS/Jintak Han By David Shepardson WASHINGTON (Reuters) – More than 60% of U.S. unionized railroad workers at major railroads are now are covered by new sick leave agreements,…

Investing.com — It had all the makings of a grand show, and a show is what it has been: oil prices jumped some 2% in a preliminary rally Monday fired by Saudi Arabia’s promise of deeper oncoming output cuts, before the trade wisened up to settle at a meekly higher…

(Updates prices, adds analyst quote in paragraph 6, adds paragraph 12 on Fitch keeping U.S. credit rating on negative watch) By Hannah Lang WASHINGTON (Reuters) – The U.S. dollar rose on Friday after May’s non-farm payrolls report showed employment numbers surged, while traders weighed the merits of the U.S. Federal…

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