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US can slow inflation without unemployment spike, Fed says study says

  Bloomberg The US and other industrialized countries may be able to bring inflation down without triggering the huge jumps in unemployment that economists may have predicted prior to the pandemic, according to new research from the Federal Reserve Bank of Chicago. If correct, that might improve the chances for a soft landing of the US economy as the Fed ...

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UK’s Sunak looks to pay deals to avert February strike chaos

Bloomberg UK Prime Minister Rishi Sunak will look to begin closing a series of pay deals with trade unions, as the government enters 10 days of crunch talks ahead of coordinated strike action planned for early February. Members of the Cabinet have told Sunak he must act fast to avoid a week of strikes that threaten to bring the country ...

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ZF’s $3b chip factory in Germany to power EVs

  Bloomberg Auto supplier ZF Friedrichhafen AG and Wolfspeed Inc. plan to build a $3 billion wafer factory in Germany’s Saarland to make chips for electric vehicles and other applications, a boon for a region dependent on combustion-engine components, said people familiar with the matter. The go-ahead for the project is subject to commitments on subsidies amounting to a quarter ...

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