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Can economy regain pre-COVID strength?

In the end, the pandemic shackles on California’s economy will have officially lasted 452 days — from a full lockdown starting in March 2020 to an all-but-reopened business world after June 15. The economic toll of strict mandates to slow the spread of COVID-19 was high. For years to come, there will be grand debates over the government’s pandemic ...

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The bulls are tired: pound fell against the dollar on the back of a weak euro

The euro and the pound fell against the dollar (GBP/USD) as investors are confident that interest rates in Europe will stay low for longer. The dollar’s rise came a day after currency markets ignored a high US inflation rate that is likely to be temporary. The pound/dollar exchange rate declined by more than one percent at the time, contr...

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