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New tech paradigm won’t save you at all

Back in the day, PCs were hip and investors chased computer stocks to sky-high valuations. Everyone was buying a desktop, and then a laptop, and the companies that supplied them could do no wrong. Then came the smartphone. We all know to blame Apple Inc. for the end of the PC era. Though Steve Jobs didn’t invent the “phone + ...

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With Assam register, India creates its own border crisis

India’s far northeast is beautiful, friendly and one of the most ethnically, religiously and linguistically diverse places on earth. Multiple distinct ethnic groups share the hills, dales and great valley of the Brahmaputra River with indigenous tribes, tea garden workers originally from central India, ethnic Nepalese, and Bengalis — both Hindu and Muslim — from the Gangetic delta. As in ...

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Powell waves off recession fear while leaving rate cuts on table

Bloomberg Federal Reserve Chairman Jerome Powell pushed back against perceptions that the US economy was tilting into a recession, while leaving the door open to further interest-rate cuts to keep the country’s record economic expansion on track. Speaking in Zurich, Powell said consumer spending and support from monetary policy should help deliver economic growth between 2 percent and 2.5 percent ...

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