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In an extraordinary intervention, the bank said it would undertake large-scale purchases of British government bonds in the coming weeks. In addition to bringing down interest rates, the move helped buoy the pound, whose weakening has added to the nation’s inflation worries.
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The consulting firm’s work with opioid makers is well known, but for decades McKinsey worked with Big Tobacco and has also advised Juul, the e-cigarette company. When McKinsey & Company, the global consulting giant, sat down with executives of Juul Labs in late 2017, the vaping company was well on its way to becoming a…
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ATLANTA – September 28, 2022 – Governor Brian P. Kemp today announced that Georgia has been named by Area Development magazine as the No. 1 state for business for the ninth consecutive year. No other state has earned this distinction for so many years. Governor Kemp was joined by executives from Kia Georgia, Bridgestone Golf, and Char-Broil’s parent…
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President Joe Biden on Wednesday will hold his second closed-door meeting with his senior economic team in less than a week, marking a notable increase in tempo as global markets are rattled by a mix of soaring inflation, Europe’s energy crisis and China’s downturn.
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Wharton business school professor Jeremy Siegel analyzes the Federal Reserve’s policies, warning that the Fed’s actions will make a "deep recession" inevitable. Did the U.S. economy actually slide into a recession in the first half of the year? New data that will be released by the government on Thursday morning could shed light on the…
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French startup Pigment has raised a new round of funding less than a year after raising a $73 million Series B round. If you’re not familiar with Pigment, the company develops a business planning and forecasting platform.
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