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“A million dollars is nothing,” said Eric Bond, president of Octave Wealth Management.

After nearly five years of high prices, many middle-class earners thought life would be more affordable by now.

Summers courted him to help fund an online poetry project being developed by his wife, now an emerita Harvard literature professor.

Allegations of a purposefully cheapened offshore yuan as a controlled currency are misguided and ignore key facts, he says, adding that the PBOC’s price guidance has been predominantly to appreciate, not depreciate the yuan.

Easing geopolitical tensions between Russia and Ukraine are weighing on prices, and any peace deal could have broader implications for the crude market, ANZ Research writes in a note.