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Volatility hits Wall Street

It’s a volatile day on Wall Street, where stocks suddenly tumbled mid-morning before bouncing back. Investors have a lot on their minds: President Joe Biden’s stimulus plan is facing criticism from lawmakers concerned about the deficit, a deluge of corporate earnings is on tap and drug maker Merck pulled its Covid-19 vaccine plans. Meanwhile, various

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Black Americans helped make barbecue a cultural phenomenon. Charcoal company Kingsford is helping to preserve that legacy

Charcoal company Kingsford has created a new fellowship program to honor the contributions Black Americans have made to the legacy of American barbecue and ensure African Americans have a stake in the cuisine’s future. The Clorox-owned charcoal brand calls its new initiative “Preserve the Pit.” The program, which launched Monday, is giving aspiring Black barbeque

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Coke with Coffee is (finally) here

Coke with Coffee is finally launching Monday in the United States after being available for years internationally. The product is made with Brazilian coffee and comes in dark blend, vanilla and caramel flavors. There’s also a calorie-free zero sugar version. Each 12-ounce can has 69 milligrams of caffeine. That’s about half as much as is

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Foreign companies are giving up on the United States and betting big on China, report says

Foreign companies are turning their backs on the United States, taking advantage of China’s booming economy and superior management of the Covid-19 pandemic. Direct investment in the US by foreign companies plummeted 49% to $134 billion last year, according to a report released Sunday by the United Nations Conference on Trade and Development. By contrast,

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The megarich have already recovered from the pandemic. It may take the poor a decade to do so

Nine months. That’s how long it took the world’s top 1,000 billionaires to recoup their fortunes after the coronavirus pandemic hit. More than a decade is how long it could take the world’s poorest to recover, according to Oxfam International’s annual inequality report. The report, released on Sunday ahead of the World Economic Forum’s virtual

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