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President Joe Biden’s team and House Speaker Kevin McCarthy’s deputies are nearing a deal that would raise the U.S. debt ceiling and avoid a market-shaking default,…

The U.S. economy will enter into a “modest recession” in the back half of 2023, Fannie Mae FNMA forecasts. “We maintain our view that a modest…

By Yifan Wang Lenovo Group’s net profit fell 72% in its fourth quarter, as personal-computer sales continued to decline amid a deteriorating global economy and soft…

A $6.3 billion deal announced by Chevron to buy midsize oil-and-gas producer PDC Energy this past Monday doesn’t signal a new wave of large-scale energy mergers.…

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Credit rating agencies are once again in the spotlight amid the ongoing high-stakes debt ceiling negotiations in Washington. As Democratic and Republican lawmakers remain deadlocked and…

Check out the companies making the biggest moves midday Friday.Ford — Shares popped 6.24% after Ford and Tesla announced a partnership late Thursday that will give…

Paramount Global shares jumped nearly 6% on Friday after an investor known as Warren Buffett’s favorite banker piled into the media company’s controlling shareholder.National Amusements, Paramount’s…

Nordstrom’s decision to close both its downtown San Francisco stores will reportedly cost hundreds of employees their jobs in another blow to the California city plagued…

I was once told a story by a reliable source (the story is too good to bother verifying) that in the late 1980’s at a summit…