American Household Wealth Jumped in the Pandemic
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American Household Wealth Jumped in the Pandemic

Pandemic stimulus, a strong job market and climbing stock and home prices boosted net worth at a record pace, Federal Reserve data showed.
For Bill Ford, ‘Every Negotiation Is a Roller Coaster’
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For Bill Ford, ‘Every Negotiation Is a Roller Coaster’

The executive chairman of Ford Motor counsels patience as his company negotiates with the United Automobile Workers union, which has shut three of his company’s plants.
China’s Economy Grew More Than Expected Over the Summer
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China’s Economy Grew More Than Expected Over the Summer

The government spent heavily on infrastructure, state-owned banks financed a boom in factory construction and consumers spent more, but the housing sector stumbled.