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Economic Data - The wealthiest Californians are fleeing the state. Why that’s very bad news for the economy

In a reversal from past decades, more college graduates and professionals are moving out of California than coming into it to escape the higher taxes and cost of living.

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UK economy at risk of ‘hard landing’, warns bond giant Pimco – business live

Rolling coverage of the latest economic and financial news ...

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Bond fund giant Pimco warns of ‘hard landing’ for UK economy

Daniel Ivascyn, chief investment officer at Pimco, told the Financial Times that he has been running larger than usual bets on UK government bonds relative to those from the US, in anticipation that ...

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Global Markets: US stocks gain ahead of economic data

The Dow Jones Industrial Average rose 34.98 points, or 0.12%, at the open to 37,352.14. The S&P 500 opened higher by 12.39 points, or 0.24%, at 4,731.58. The Nasdaq Composite gained 0.20 points, or ...

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Wall St opens higher, all eyes on economic data

Wall Street's main stock indexes opened higher on Monday in the run-up to economic data this week that could offer insights on when the Federal Reserve could start cutting interest rates. The Dow ...

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