Volkswagen AG is curtailing the production of several electric vehicle models at two German plants due to a collapse in demand, a spokesperson said.
Emerging-Market ETF Traders Flee China as Property Angst BuildsLong-Treasury ETF Plunges Record 48% as Market Meltdown WorsensShort Sellers Mount Attack on ESG Stocks Bloated From Green HypeVanguard Plans Its First New Actively Managed ETFs in Two YearsEverything Selloff Snowballs While Traders Adjust to Fed’s RealitySEC to Impose New Rules for Labeling Popular Investment FundsOnly Fund Beating Nasdaq Long-Term Is Defying Stock-Picking OddsBond yields climb as U.S.
stocks struggle in Fed run-upCrypto Funds See Almost $500 Million in Outflows Over Nine WeeksDow Industrials Paying Price for Leaving Out Amazon and AlphabetPlaying for global basketball and sponsorship gloryFanDuel, Rivalry deliver something new for betting customersWomen’s Tennis Is More Unpredictable — And Fun — Than Ever Going Into US OpenDifficult conversations regarding hockey's 'toxic masculinity' continue at summitMLB makes strides in attracting younger fans, ticket buyers...
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California and New York Risk Budget Cuts When Pandemic Aid Ends, Report SaysTwelve states in the US, including some of the country’s largest economies, are at risk of cutting or scaling back programs in essential areas like education and public safety when the federal government’s historic stimulus package expires in 2026.
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German Banks Slam Higher Reserve Requirements as Tax on DepositsThe lobby group that represents Deutsche Bank AG and Commerzbank AG pushed back against the prospect of an increase in the amount of money that lenders must park at the European Central Bank.
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German police raid locations across the country in connection with smuggling of Syrian migrantsPolice in Germany found more than 100 Syrian citizens inside apartments and other buildings that were searched Tuesday in connection with the suspected smuggling of migrants, German news agency dpa reported.
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Brazil’s Central Bank Says Bigger Interest Rate Cuts Are UnlikelyBrazil’s central bank poured cold water over bets on a faster pace of interest rate cuts and cited a number of factors that could determine the length of the monetary easing cycle, including long-term inflation expectations which remain above target.
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Hungary Cuts Key Rate, Ends Emergency Period for Monetary PolicyHungary’s central bank cut its key interest rate by a full percentage point for a fifth month, ending an emergency monetary regime imposed last year to arrest a slump in the forint.
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