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U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter

“Resilience is a good thing in many ways, but it’s also something that makes things harder for the Federal Reserve and it hardens their resolve,” said Diane Swonk, chief economist […]




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The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.

Real gross domestic product Quarterly change at annual rates, adjusted for inflation 4th. qtr. 2022: Real gross domestic product Quarterly change at annual rates, adjusted for inflation 4th. qtr. 2022: […]




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Climate Change May Bring New Era of Trade Wars, as E.U. and U.S. Spar

WASHINGTON — Efforts to mitigate climate change are prompting countries across the world to embrace dramatically different policies toward industry and trade, bringing governments into conflict.These new clashes over climate […]




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New Orleans Port Expansion Shows Optimism on Future of Global Trade

NEW ORLEANS — The pandemic-era collapse of supply chains spurred speculation that globalization was on the decline, as companies vowed to become less reliant on foreign providers of goods and […]




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Korean Solar Company Plans to Build $2.5 Billion Plant in Georgia

The climate and tax bill President Biden signed in August to increase the use of green energy and electric cars while expanding domestic manufacturing appears to be yielding some results.A […]




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How a Texas Border City Is Shaping the Future of Global Trade

The teeming warehouses carved into the desert surrounding Laredo, Texas, attest to an explosion of trade between the United States and Mexico.On a recent morning, 55-gallon drums full of chemicals […]




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Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt

What’s more, the growing gap between interest rates in Japan and elsewhere was pushing down the yen’s value, piling even more stress on the country’s highly import-dependent economy. That made […]




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‘OK, Mexico, Save Me’: After China, This Is Where Globalization May Lead

As American companies recalibrate the risks of relying on Chinese factories to make their goods, some are shifting business to a country far closer to home: Mexico.The unfolding trend known […]




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U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits

In September, the chip giant Intel gathered officials at a patch of land near Columbus, Ohio, where it pledged to invest at least $20 billion in two new factories to […]




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Qatar Extends Its Natural Gas Dominance at Russia’s Expense

“The Qataris are not going to let a big European energy crisis go to waste,” said Jim Krane, an energy expert at Rice University. “They’re locking in a new long-term […]