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Economy

Rite Aid Is Closing 154 Stores

Evan Harrington

On Sunday, Rite Aid, once the largest U.S. pharmacy chain, filed for bankruptcy court protection from its creditors and vowed to remake the company as a “modern neighborhood pharmacy.”Now, in…

Economy

American Household Wealth Jumped in the Pandemic

Evan Harrington

American families saw the largest jump in their wealth on record between 2019 and 2022, according to Federal Reserve data released on Wednesday, as rising stock indexes, climbing home prices…

Economy

New Report Documents How Easily Children Can Access Graphic War Images

Evan Harrington

Violent, distressing imagery related to the conflict between Hamas and Israel, including graphic posts showing dead children and adults, are easily accessible to young users on platforms such as Instagram,…

Economy

For Bill Ford, ‘Every Negotiation Is a Roller Coaster’

Evan Harrington

As a 25-year-old junior executive at the car company that bears his last name, William Clay Ford Jr. had a bracing introduction to labor negotiations when a union official demanded…

Economy

China’s Economy Grew More Than Expected in the Third Quarter

Evan Harrington

China’s economy grew more than expected over the summer, though the real estate market continued to weaken, as the government and the banks it controls poured money into infrastructure and…

EconomyFicohsa, Honduras

Ficohsa retains its ‘A+(hnd)’ rating by Fitch Ratings with Stable Outlook

Evan Harrington

Fitch Ratings, one of the world's leading credit rating agencies, has recently affirmed Banco Financiera Comercial Hondureña, S.A. (Ficohsa) at 'A+(hnd)', with a stable outlook. This rating reflects Ficohsa's financial…