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Europe Takes Radical Steps to Boost Production
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Justice Department takes 'major step' toward rescheduling marijuana
President Joe Biden's Justice Department took a significant step toward rescheduling marijuana as lower-risk and remove it from Schedule I.NBC News - Top stories
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China Consumption, Investment Slows Unexpectedly
Consumption and investment in China slowed unexpectedly in April, while industrial output beat expectations as Beijing doubled down on its manufacturing drive to spur growth.The Wall Street Journal - World - China -
Most Asian Currencies Weaken; China Economic Data in Focus
Most Asian currencies weakened against USD in the morning session in possible position adjustments following the greenback’s recent depreciation.The Wall Street Journal - World - China -
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Forget 9 to 5. These go-getters are working 5 to 9.The Wall Street Journal - World -
JGB Futures Fall; BOJ Bond Purchases in Focus
JGB futures fell in thin trading in the morning Tokyo session. Market participants were likely to focus on the BOJ’s bond purchase operations today.The Wall Street Journal - World -
Oil Edges Higher, Aided by Fed Rate-Cut Prospects
Oil edged higher in early trade, aided by prospects of Fed rate cuts which would help support the U.S. economy and energy demand.The Wall Street Journal - World - Federal Reserve