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Raising interest rates to control inflation will only cause more pain | Joseph Stiglitz

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VSThe unwavering determination of central banks to raise interest rates is truly remarkable. In the name of controlling inflation, they have deliberately set themselves on the path to causing a recession – or making it worse if one happens anyway. Moreover, they openly acknowledge the pain their policies will cause, even if they fail to …

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Turkey halts oil not subject to Russian sanctions, raising concerns over global energy market supply

Turkey halts oil not subject to Russian sanctions, raising concerns over global energy market supply

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Cargo ships and ships pass through the Bosphorus Strait, a body of water connecting the Black Sea to the Sea of ​​Marmara and the Mediterranean Sea via Istanbul, Turkey. Above, the Russian-flagged Volga River Taganrog tanker cruises through the Bosphorus Strait in October 2022. Nurphoto | Nurphoto | Getty Images Tankers full of Kazakh oil …

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Turkey halts oil not subject to Russian sanctions, raising concerns over global energy market supply

Turkey halts oil not subject to Russian sanctions, raising concerns over global energy market supply

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Cargo ships and ships pass through the Bosphorus Strait, a body of water connecting the Black Sea to the Sea of ​​Marmara and the Mediterranean Sea via Istanbul, Turkey. Above, the Russian-flagged Volga River Taganrog tanker cruises through the Bosphorus Strait in October 2022. Nurphoto | Nurphoto | Getty Images Tankers full of Kazakh oil …

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Cacheflow doubles its valuation while raising $10 million, proving the venture capital market is far from dead

Cacheflow doubles its valuation while raising $10 million, proving the venture capital market is far from dead

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Cacheflow, a startup that builds tools for the software sales closing process, announced this morning that it has closed $10 million in new capital. CEO and co-founder of Cacheflow Sarika Garg told TechCrunch the new capital has doubled his company’s valuation, added former lead investor Glenn Solomon (GGV) to his board, and brought in new …

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A Year After Raising $6.5 Million, GoodGood Shuts Down Saying It Can't Find More Money

A Year After Raising $6.5 Million, GoodGood Shuts Down Saying It Can’t Find More Money

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The company says the downturn has had a “dramatic impact” on its local commerce fast delivery business. Almost a year to the day after the close of a major seed round, Toronto-based GoodGood ceased operations after failing to secure additional capital. The local commerce fast delivery startup announced the news Nov. 21 in a statement …

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Inflation falls slightly, but remains key issue after midterms

USDA accuses Russia of raising the price of Thanksgiving dinner

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The Department of Agriculture says Russia’s ongoing war in Ukraine is one of the reasons your Thanksgiving dinner is more expensive than last year. A USDA memo this month said turkey prices would be higher due to this year’s outbreak of highly pathogenic avian influenza (HPAI), which killed 8 million people. turkeys in 2022. But …

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Key Freight Rail Union rejects deal, raising strike risk

Key Freight Rail Union rejects deal, raising strike risk

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Members of a union that mainly represents rail freight drivers have narrowly rejected a provisional work contract, their union said on Monday. If the two sides fail to reach another tentative agreement by early December, railroad workers could strike – an outcome that industry officials say could cost the economy more than $2 billion a …

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'Creating adversity': Startup CEO on raising kids with an entrepreneurial mindset

‘Creating adversity’: Startup CEO on raising kids with an entrepreneurial mindset

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Ever since she was young, Cheryl Sew Hoy always knew she wanted to run her own business. “When the teachers asked what your ambition was…and a lot of kids wanted to be doctors or lawyers. My ambition was [to be] a businesswoman,” she told CNBC Make It. That childhood dream is now a reality for …

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