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U.S. dollar — and its No. 1 status — could become a casualty of economic war
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Europe’s Economic Laggards Have Become Its Leaders
More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.The New York Times - Business - Europe -
If history is any indication, the economic impact of campus protests could be felt at colleges across the U.S.
In the 1960s, some policy makers reacted to protests by curtailing funding for colleges. Today, lawmakers are threatening to do the same.MarketWatch - Business -
A Strong U.S. Dollar Weighs on the World
Two-thirds of the roughly 150 currencies have weakened against the dollar, whose strength stems from high interest rates because of stubborn inflation.The New York Times - Business -
Yen surges against U.S. dollar amid fears of further intervention
Japan’s yen violently strengthened against the U.S. dollar late Wednesday, sparking suspicions of intervention by Japanese authorities.MarketWatch - Business -
Weak Equities Could Give Dollar an Extra Lift if Fed Points to Rate-Cut Delays
Equity markets falling while the Fed pushes back on interest-rate cut prospects due to persistently high inflation during Wednesday’s announcement, could be a boon for the dollar, ING said.The Wall Street Journal - World - Federal Reserve -
Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
Amazon has reported strong results for the first quarterABC News - Tech -
PG&E is nearing a deal to sell a multibillion-dollar stake in its power plants to KKR.
PG&E is nearing a deal to sell a multibillion-dollar stake in its power plants to KKR.The Wall Street Journal - World -
Mexico proudly controls its energy but could find it hard to reach its climate goals
Mexico's taking control of its oil from U.S. and British companies is taught in schools and celebrated every yearABC News - World - Climate -
Trump could drive inflation higher with his second-term economic agenda, analysts say
Donald Trump has blamed President Joe Biden for stubbornly high inflation during Biden's presidency.CNBC - Business - Donald Trump -
U.S. Imposes Sanctions on Chinese Companies for Aiding Russia’s War Effort
The penalties came after top Biden administration officials warned China not to help Moscow restock its arsenal to attack Ukraine.The New York Times - Business - Russia
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