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Business

What lumber and gold prices tell us about the stock market’s next move

Commodities have an effect on stocks but the one to watch is platinum.

As labor crisis worsens, state offers $1,500 to residents who get back to work

Democratic Maine Gov. Janet Mills is bribing unemployed people to rejoin the workforce by offering a $1,500 bonus to eligible individuals who get off their sofas and back to work between now and June 30.

Democratic infighting threatens Biden’s bipartisan infrastructure deal push

Some Democrats want President Biden to abandon bipartisan talks.

Oil: Demand Reaches Maximum Velocity- Analysis

Crude oil approached multi-year highs last week as the velocity of the demand recovery narrative nullified negative short-term data points.

Sitting on ‘TIME BOMB’: Deutsche Bank issues grim post-pandemic warning for US economy

Further disregarding inflation will push the global economy to a major crisis, according to the latest report issued by Deutsche Bank economists who point the finger at the US money-printing policies.

Ransomware ‘business’ is hot as attacks surge

Healthcare and utilities sectors are most targeted

Global minimum tax rate could drive business away from US, watchdog warns

Biden, G-7 leaders embrace 15% global minimum corporate tax rate

Crude climbs above $70 amid hopes of demand reaching pre-pandemic levels in 2022

Oil prices continued to grow on Friday, as the International Energy Agency (IEA) said that global crude demand would return to pre-Covid-19 pandemic levels by the end of next year.

Annual Inflation Soars to 5 Percent In Biggest Jump Since 2008

Inflation took a fresh swipe at American consumers in May, with the consumer price index surging by 5 percent over the past year, the biggest annual spike in the measure since 2008.

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