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Starbucks’ China Problem: Coffee Drinkers Want More for Less
For years, Starbucks was the dominant coffee chain in China. Now rivals offering local flavors…
Year: 2024
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G.M. Led in China for Years. Here’s How It Ended Up 16th in Sales.
General Motors has gone from market leader to also-ran in the world’s largest car market,…
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Europe Has a Leadership Vacuum. How Will it Handle Trump?
With Germany and France both in political turmoil, the new administration of Donald J. Trump…
1 min
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The New Politics
At the DealBook Summit, nine prominent political figures, advisers and journalists debated what drove Trump’s…
1 min
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Stocks Plunge as Fed Forecasts Fewer Rate Cuts Next Year
The Federal Reserve cut rates for a third time this year, but investors shuddered at…
1 min
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Under Pressure, Hyundai Supplier Ends Alabama Prison Labor Contract
The supplier fired dozens of prisoners after some of them said they felt they had…
1 min
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California Declares an Emergency Over Bird Flu
Officials have discovered the virus in 645 herds, more than in any other state so…
1 min
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David Bonderman, Co-Founder of Private Equity Giant TPG, Dies at 82
A globe-trotting lawyer turned investor, he helped transform a cottage industry into a colossus with…
1 min
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How to Read the Fed’s ‘Dot Plot’ Projections Like a Pro
The Federal Reserve will release fresh economic estimates on Wednesday. Here’s how to read the…
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How Fed Rates Influence Mortgages, Credit Cards, Savings and More
Here’s how the central bank’s interest rate moves influence car loans, credit cards, mortgages, savings…