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Industrial spending should be booming

  Could this economic slowdown be different for industrial companies? There are valid reasons to think so, but it’s becoming harder to make the argument. The unwinding of the pandemic surge in consumer demand for physical goods has picked up in recent weeks, with retailers from Target Corp. to Walmart Inc. and Dick’s Sporting Goods Inc. sounding a cautious note ...

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The BOJ revelling in obstinate isolation

  For a guy who professes to be uncomfortable with extreme moves in currency markets, Haruhiko Kuroda certainly doesn’t seem to mind causing them. By doubling down on easy money, the Bank of Japan governor is set on a path that will only further isolate the country from its peers and almost guarantee further erosion in the value of the ...

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Flight cancellations, delays in US top 6,000 on storms

  Bloomberg Just a day after airline executives met with US transportation officials on how to stem flight disruptions, a band of storms triggered thousands of cancellations and delays for beleaguered carriers. More than 6,000 flights were late or scrubbed altogether as of 4:25 pm ET, according to tracking website FlightAware. That comes on top of more than 1,700 cancellations ...

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