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Month: January 2022

The investors who aren’t panicking

By Julia Horowitz, CNN Business The stock market has been jolted by indications the Federal Reserve will move to aggressively raise interest rates to rein in inflation. What’s happening: The Fed announced Wednesday that it would begin lifting rates “soon” to combat the sharp rise in prices. Chair Jerome Powell said the central bank is

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Fuertes nevadas y condiciones de ventiscas impactarán el noreste de EE.UU., aunque los modelos aún no definen cuán grave será

macamilarincon (CNN) –– Se espera que nevadas fuertes y vientos intensos azoten algunas áreas metropolitanas en el noreste de Estados Unidos este fin de semana. Además, es probable que millones de personas queden bajo vigilancia de tormentas invernales a partir del viernes. Los meteorólogos pronostican que en el este de Massachusetts, incluyendo Boston, y Rhode

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Israel, Cyprus, Greece power cable link secures EU funding

By MENELAOS HADJICOSTIS Associated Press NICOSIA, Cyprus (AP) — Cyprus’ energy minister says the European Union has earmarked 657 million euros ($736 million) for the construction of a 2,000-megawatt undersea electricity cable linking the power grids of Israel, Cyprus and Greece. Energy Minister Natasa Pilides told reporters on Thursday the funding is Cyprus’ largest-ever investment

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McDonald’s sales haven’t been this good since Bill Clinton was president

By Danielle Wiener-Bronner, CNN Business Higher prices and chicken sandwiches are helping boost McDonald’s sales. But earnings disappointed Wall Street Thursday morning. Last year, sales at US stores open at least 13 months jumped 13.8%, the largest annual increase since McDonald’s started reporting comparable sales in 1993, the company said Thursday. In the fourth quarter,

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