The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.
Nation and World
Starbucks is closing 16 U.S. stores because of repeated safety issues, including drug use and other disruptive behaviors that threaten staff.
Surging prices for gas, food and rent catapulted U.S. inflation to a new four-decade peak in June.
Macao will shut almost all businesses, including casinos, for a week starting Monday as a COVID-19 outbreak showed few signs of abating, Macao Daily reported.
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