Americans’ Pandemic Savings Are Gone — And the Economy Is Bracing for Impact

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Americans’ Pandemic Savings Are Gone — And the Economy Is Bracing for Impact
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The excess savings Americans stored away during the pandemic ran dry months ago, and the US economy is feeling the effects.

Cost cutting continues at BlackBerry as firm reports US$42-million net loss in Q1Asian Stocks to Fall as Yen Plunges to Fresh Low: Markets WrapCocoa Heads for Longest Decline in Two Years on Good WeatherAfter Oil, Russia May Now Be Building a Shadow Fleet for GasMacquarie Foresees Risk of Wider Yuan Trading Band in ChinaLargest Thai Mobile Operator True Debuts Yen Sustainability LoanAsian Issuers Sell $14 Billion of Bonds in Busiest Week of YearChina’s Financial Elite Face $400,000 Pay Caps,...

Now 16 Million Thames Water Users are Picking Up the BillLondon Metal Exchange Looks to Set Up Warehouse in Hong KongTurkish Rate Cut Likely Months Away for Economy Going in ReverseThe Daily Chase: WestJet strike looms as mechanic talks break down againCanada inflation quickens to 2.

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