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Elon Musk's net worth dips below $200B as Tesla shares drop

Elon Musk's net worth fell below the $200 billion mark Tuesday as Tesla shares fell, leading some experts to speculate he is too distracted by Twitter. ....

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Amid a Backdrop of Geopolitical Risks, Invest in Megatrends

The recent surge in geopolitical risks has reminded companies and the U.S. government that stable trade relationships can no longer be taken for granted. ....

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Fed's Powell pledges to combat inflation 'forcefully,' but warns of economic pain ahead

Federal Reserve Chairman Jerome Powell pledged to cool painfully high inflation, but warned that higher interest rates could bring "pain" to the economy. ....

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Fed's preferred inflation gauge eases in July but remains near 40-year high

The personal consumption expenditures index, which is closely watched by the Federal Reserve as it tries to wrestle inflation back to 2%, rose again in July. ....

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Biden's imprint on economy emerges, although inflation threatens wins

A series of legislative wins cement White House's shift in economic policymaking from Democratic and Republican predecessors. ....

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