A major jeweler claims the pandemic may have prevented people from meeting their future fiancés, cutting demand for engagement rings. Inflation and anxiety among shoppers haven’t helped.
Category: United States
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Binance Halts Trading in Dollars on Binance.US
Banks have signaled that they will stop working with the company’s American branch, it said, after the Securities and Exchange Commission sued it this week.
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Saudi Arabia’s LIV Golf Deal Is a Triumph That Transcends Sports
The deal to merge LIV Golf with the PGA Tour is a big win for the oil-rich kingdom, headlining a banner week that also includes a visit from the American secretary of state.
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Russia and Saudi Arabia’s Oil Partnership Shows Strain
Analysts said the countries’ mutual need to keep energy prices high would help them maintain close ties, despite signs that Moscow has undercut previous deals.
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Crypto Crackdown: Coinbase and Binance Lawsuits Shake Markets
The S.E.C.’s actions indicate a push to require crypto businesses offering securities to follow the same rules as traditional stock and bond exchanges.
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World Bank Projects Weak Global Growth Amid Rising Interest Rates
A new report projects that economic growth will slow this year and remain weak in 2024.
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Three ‘Forever Chemicals’ Makers Settle Public Water Lawsuits
The $1.19 billion agreement, announced by Chemours, DuPont and Corteva, wouldn’t resolve all the claims against them.
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G.M. and Stellantis Paid $364 Million in Fuel Economy Fines
The automakers paid the federal government for falling short of efficiency standards for cars and trucks in recent years.
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China Crosses Milestone With C919 Flight but Has Long Way to Go
The C919 jet, made by a state-owned manufacturer, completed its first commercial flight. But Western rivals still supply most of China’s planes.
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An Appeals Court Gave the Sacklers Legal Immunity. Here’s What the Ruling Means.
In return for the shield, the billionaire owners of Purdue Pharma are committed to paying up to $6 billion to help compensate communities and individuals for the ravages of the opioid epidemic.
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As Iran Seizes Tankers, U.A.E. Pulls Back From U.S.-Led Maritime Force
The United Arab Emirates announced it had stopped participating in the security group after Iran seized two tankers in the Persian Gulf recently.