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Lula, Bolsonaro Neck and Neck in Brazil’s Vote as Runoff Looms
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Jones Injures Ankle in Giants’ 20-12 Victory Over Bears
Moore’s Law Keeps Chip Leaders Ahead of the Pack
Yuan Retreat Shows China Can’t Crush a Market This Big
China’s ‘Common Prosperity’ Drive Morphs Into Common Poverty
Cash Retakes Its Crown as the Fed Wrestles With Inflation
Destino da Amazônia está em jogo na eleição brasileira
The World Sees Brazil’s Election as a Climate Flashpoint. Brazilians Have Other Concerns
Few Florida Homes Hit by Hurricane Ian Are Covered for Floods
Daily Mirror Sorry After Mistaking Man for Chancellor Kwarteng
Tesla Deliveries Miss Estimates, Slowed by Logistic Snarls
Minister Denies Truss Banned the King From COP27 Climate Change Summit
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Death Toll From Hurricane Ian Likely to Take Weeks to Finalize
NYC Arranges $225 Million in Debt Relief for Taxi Drivers
Bitcoiners Hunker Down for ‘Storms Ahead’ as Retail Stays Away
Coinbase Resolves Problem That Halted Payments From US Banks
Solana Says Successfully Completed Cluster Restart After Outage
Recessions are rare — or, at least, government statistical bureaus are slow to recognize them. But big corporations don’t take chances. They work hard to avert an earnings recession, usually defined as two consecutive quarters of profit decline.
Looking at S&P 500 companies’ earnings, it doesn’t feel like an economic downturn is on the horizon, even as worries about a global economic slump mount. These large companies may be more resilient, with their currency hedging tools and diversified businesses, one could argue.