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Brazilian Supreme Court Freezes Funds of Protest Supporters

More than 3 million Brazilians filled the streets this week to protest the presidential election.

California Faces $25 Billion Budget Deficit, Could Be Worse if Recession Hits

California could face a $25 billion budget deficit in 2023–24, despite raking in a record-setting $98 billion budget surplus this year, according to an analysis that comes days after midterms election, in a state where the Democratic party enjoys a supermajority.

Biden Wants Another $37 Billion for Ukraine

Joe Biden asked Congress for $37.7 billion in aid to continue the Russia-Ukraine war, less than two months before a new Congress is sworn in this January.

Target Takes $400 Million Loss Due to Rising Retail Crime

Target said this week the reason for their $400 million in revenue losses can be attributed to "organized retail crime."

Elon Musk Says He Will Find a New Leader for Twitter

Elon Musk said on Wednesday he expected to reduce his time at Twitter and eventually find a new leader to run the social media company, adding that he hoped to complete an organizational restructuring this week.

Six States File Briefs Supporting Lawsuit Over EPA Electric Vehicle Rules

The brief was in support of a lawsuit from 16 states over federal emissions standards.

Global Banks Partnering to Test Centralized Digital Currency

The banks partnered with the New York Federal Reserve.

Jeff Bezos’ Top Tips for Managing the Economic Downturn

Amazon founder Jeff Bezos recently warned consumers and businesses they should consider postponing large purchases in the coming months as the global economy contends with a downturn and faces a possible recession.

Amazon to Lay Off 10,000 Starting This Week

Amazon.com Inc. plans to lay off about 10,000 people in corporate and technology jobs starting as soon as this week, The New York Times reported Monday, citing people with knowledge of the matter.

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