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Travel hell! Blame long shadow of Covid

Much of the rich world is emerging from two years of pandemic more flush than it’s ever been. Deposits held by consumers at US commercial banks are roughly $3.5 trillion above where they’d have been if they continued the pre-pandemic trend, a position that inflation is only starting to eat away. For the airline industry, it’s precisely the opposite. While ...

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Female CEOs become less rare in industrial sector

  The industrial sector is just a leadership shakeup away from having one of the highest rates of female chief executive officers in the S&P 500. Before you get too excited, the numbers are still small: There are 69 industrial companies on the benchmark index and as of the beginning of the year, four of them had female CEOs, according ...

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Pelosi’s Taiwan date is a headache for Biden

  The timing of House Speaker Nancy Pelosi’s proposed trip to Taiwan puts President Joe Biden in a bind. Having drawn threats and condemnation from Beijing, the visit risks undermining any fruits of a planned call between Biden and China’s Xi Jinping. For Pelosi to postpone or cancel, though, would leave the impression of a US administration backing down in ...

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