China has unveiled stimulus measures to boost the economy. The scale is not impressive – it is not an all-out crisis salvo but rather an attempt to stop a slide here and there. The People’s Bank of China announced a 0.2 percentage point cut in benchmark interest rates and a 0.25-0.50 percentage point cut in […]
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The stock market is trading higher midday. The S&P 500 added 0.16% and the tech-heavy Nasdaq Composite climbed 0.54%. The Dow Jones Industrial Average lost 0.03%. The Russell 2000 Index rose 0.27%. Consumer confidence saw Read more…
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