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More American workers are taking on second jobs as inflation rages

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cbs news By Megan Cerullo With U.S. inflation racing ahead worker wages, a growing number of Americans are taking on second jobs to make ends meet. Many people have already reined in spending where →

Taiwan test case for investing in China chipmaking

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asia times by Scott Foster A Hon Hai Technology Group company’s investment in China’s Tsinghua Unigroup has drawn the attention of Taiwanese regulators and raised new questions about →

Power of Siberia 2 to divert Europe-bound gas to China

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asia times The construction of a second gas pipeline linking Russia and China is expected to commence within two years, a megaproject that will put Mongolia in the middle as the pipe is designed to →

Eskom assures power-cuts to end this week in South Africa

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africa news South Africa’s power distributor ESKOM has assured that the frequent power cuts will come to an end by the end of the week as more generators have started operating. While meeting →

Zero-Covid policy killing off China’s growth

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asia times by William Pesek Chinese President Xi Jinping’s “zero-Covid” strategy appears to be generating a zero-growth scenario that few saw coming for the world’s second-largest economy. Asia’s top →

Goodbye, Toledo: Smaller cities set to lose service as airlines pull back

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​cbs news​​​ By Peter Greenberg What do Toledo, Ohio, Dubuque, Iowa, and New York's Ithaca and Islip have in common? By September, each of these cities will lose some - if not all - of their air →

Inflation hit 9.1% in June, highest rate in more than 40 years

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​cbs news​​​ Inflation hit a fresh 40-year record in June, with consumer prices increasing 9.1% over the last 12 months, the Labor Department said Wednesday. It's the fastest increase in prices since →

Recession Watch: Fed Ready to Raise Rates Again to Combat Inflation

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​national interest​​​ by Ethen Kim Lieser A deteriorating inflation situation is expected to push Federal Reserve officials to continue to keep raising interest rates even if it tips the U.S. economy →

Worry and frustration in Ethiopia as subsidies cut and fuel prices soar

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​africa news​​​ Fuel prices soared in Ethiopia on Wednesday after the government reduced subsidies, adding to economic hardship for people already struggling with high inflation. There were long →

Seed Oils and Bad Science

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​the american conservative​​​ by Carmel Richardson Standing in the Atlanta airport in April 2022, waiting for a flight back to Washington, D.C., I watched as an employee at a sandwich shop tossed →

Americans face 20% inflation for essentials

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​asia times​​​ NEW YORK – The US Bureau of Labor Statistics says that consumer prices rose 8.2% over the past year, but to most American families, the real inflation rate is 20%, the highest in US →

More Than 40% of Americans Have Side Jobs to Make Ends Meet

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​national interest​​​ by Ethen Kim Lieser Sitting well over 8 percent year-over-year, persistent inflation is driving many Americans to have side hustles to make ends meet. In fact, per CNBC, →

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