South Africa's currency eyes record low after US accuses the country of secretly selling weapons to Russia

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Russian President Vladimir Putin (left) speaks to South African President, Cyril Ramaphosa (right)
Russian President Vladimir Putin with South African President Cyril Ramaphosa.

Sergei Chirikov/Associated Press

Jamie Dimon warns a US default would be 'potentially catastrophic' as lawmakers remain deadlocked over raising the debt ceiling

Tech Insider : Economy
Jamie Dimon
JPMorgan Chase CEO Jamie Dimon.

REUTERS/Brian Snyder

The US and allies could take action to counter China's 'economic coercion,' Treasury Secretary Janet Yellen says

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Janet Yellen
Federal Reserve Chair Janet Yellen holds a news conference following day two of the Federal Open Market Committee (FOMC) meeting in Washington, U.S., December 14, 2016.

REUTERS/Gary Cameron

Alphabet gains $131 billion in market value after it unveils AI ambitions at I/O conference

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Google I/O
Sundar Pichai.

JOSH EDELSON/AFP via Getty Images

US inflation just hit the lowest in almost 2 years, throwing further Fed rate hikes into question. Here's how President Joe Biden, Paul Krugman, David Rosenberg, and 4 others reacted.

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Traders work on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange.

Michael M. Santiago/Getty Images

Elon Musk is the 'inventor of our age' and a renaissance man, Ark Invest chief and Tesla bull Cathie Wood says

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Elon Musk, wearing a black suit and tie, waves to photographers outside a courthouse
Elon Musk.

Justin Sullivan/Getty Images

Home sales could crash 23% following a US default and put the housing market in a 'deep freeze,' Zillow economist says

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US housing market

adamkaz/Getty Images

US stocks dip after renewed banking concerns and rise in jobless claims

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Trader at the NYSE
Traders work the floor of the New York Stock Exchange during morning trading on May 05, 2022 in New York City.

Michael M. Santiago/Getty

PacWest plummets 28% to resume sell-off after the regional bank says deposits fell 9.5% last week

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A branch of regional lender Pacific Western Bank in Whittier, California.
A branch of regional lender Pacific Western Bank in Whittier, California.

AP Photo/Ashley Landis

Top economist David Rosenberg points to Microsoft's salary freeze as fresh evidence that US inflation is slowing

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david rosenberg
David Rosenberg.

WealthTrack

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