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McDonald’s to move innovation centre, jobs to Chicago

Bloomberg McDonald’s Corp is moving its innovation centre and about 100 jobs into central Chicago — a big bet on the city that comes as other high-profile companies flee the area’s high taxes and crime. The world’s biggest restaurant company by sales said it’s relocating the workers from Romeoville, a Chicago suburb, to the company’s headquarters in the city. The ...

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Futures decline, yields climb as traders await policy data

Bloomberg US futures declined as investor sentiment swung between hopes that inflation has peaked and concern that large interest-rate hikes by the Federal Reserve will hamper economic growth. Treasury yields rose and the dollar gained. Contracts on the S&P 500 and Nasdaq 100 fluctuated before turning lower, with the latter underperforming after the underlying gauges posted modest rallies. European stocks ...

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Bitcoin lingers near $20,000; Ether extends slide before ‘Merge’

  Bloomberg Cryptocurrencies were mixed a day after posting sharp losses triggered by hardening expectations of restrictive US monetary policy. Bitcoin fell about 1.5%to $19,937 in New York after a near-10% plunge this week. Ether, the native token of Ethereum, decline for a third day, dropping about 1% to $1,597. Stocks, bonds and digital tokens plunged after rising US inflation ...

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