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U.S. stock futures fell Sunday, following a weekend slide by bitcoin and Friday's massive sell-off in precious metals capped a tumultuous first month of 2026.
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Police officer killed, another critically wounded in shooting at Georgia hotel ABC NewsGwinnett Police: Suspect who killed one officer, injured another had long criminal history, including violent crimes Gwinnett Daily PostGwinnett County police officer killed, another hurt in shooting at Stone Mountain hotel Atlanta News First
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‘Melania' Arrives With Strong Box Office Showing for a Documentary The New York TimesFrom empty theaters to packed houses, response to Melania Trump documentary reflects America's political division CNNThe Melania Movie Is an American Obscenity Mother JonesMelania review - Trump film is a gilded trash remake of The Zone of Interest The GuardianOpinion | Slovenian Sphinx Flick Nixed! The New York Times
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The economic banishment of all things Russian. Tariffs on Chinese imports. Pandemic-caused shortages of computer chips, bicycles, garage door parts and other imports. Brexit.
Just about everywhere you turn, you can see that the tectonic plates of the global economy have stopped converging and are starting to pull apart in ways that will determine new winners and losers, says Ethan Harris, head of global economics for Bank of America Securities. "Deglobalization is a gradual process, and in the long run, very important" to investors, he says, because it will have profound impacts on corporate profitability.
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Globalization refers to the increase of commerce across borders. U.S. companies prospered for decades as new markets opened for their goods and labor costs plummeted thanks to overseas production. Strategists at BofA have estimated that over the past 20 years, globalization has contributed more than half of what has been a robust expansion in profit margins. Globalization has also helped to deliver low-cost goods to American consumers.
But now, says market strategist Ed Yardeni, the pandemic and spreading political and military conflicts have stretched supply chains past the breaking point, prompting companies to bring many operations closer to home. "Deglobalization was almost inevitable," Yardeni says. U.S. companies are starting to "reshore" production back to the U.S., "near-shore" it to neighbors such as Mexico, or "friend-shore" it to allies such as Vietnam.
Investment firm Piper Sandler counted more than 900 announcements of companies either building or expanding manufacturing facilities in the U.S. in the 12 months ending in May of 2022. In 2012, there were only about 100 such announcements. Over the long term, companies
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