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Further data released on Thursday shows China's economic recovery is losing momentum.

China's central bank cut a key policy rate for the first time since August on Thursday, a widely-expected move as Beijing ramps up policy support to boost the economy amid a darkening growth outlook.

The agriculture-rich economy contracted 0.1% during the first quarter and grew 2.2% in annual terms, Stats NZ said Thursday.

Japan's export growth slowed in May, primarily due to a decrease in shipments to Asia and China, according to data released by the Ministry of Finance on Thursday.

Here are 5 key takeaways from Fed Chairman Jerome Powell's press conference on Wednesday.

Stocks slump then recover as Fed signals more tightening in the pipeline than investors expected.

Mediterranean fast-casual restaurant chain Cava Group on Wednesday priced its initial public offering of 14.4 million shares at $22 a share.

Prosecutors say Cedric Lodge stole donated human remains to funnel into a nationwide body-part sales network.

'The high credit-card interest rates consumers are currently seeing are going nowhere anytime soon,' one analyst told MarketWatch.

Major cryptocurrencies fell on Wednesday, after the Federal Reserve kept interest rates unchanged at its June meeting, but senior officials suggested another 50 basis points of rate hikes are on the table, if inflation doesn’t slow faster.

There are trillions of dollars parked in money-market funds and other cash-like investments collecting about a 5% return. It may take awhile to be deployed elsewhere.

Recent legal actions by the SEC against Binance and Coinbase are rattling the industry.