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Layoffs no longer temporary as permanent terminations rise globally
NEW YORK, July 17 — A layoff is no longer what it used to be. The word originally…
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General Mills, Kellogg’s Report Lower Q2 Sales as Shoppers Switch Brands
MINNEAPOLIS, July 16 — The breakfast table is becoming a battlefield for America’s biggest cereal makers. On the…
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Inflation widens gap between nominal and real wages
ISLAMABAD, July 16 — When a worker looks at their paycheck, the number printed there is the nominal…
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Private-Label Brands Gain Market Share Amid Grocery Slowdown
NEW YORK, July 16 — On the shelves of any American grocery store, a quiet war is being…
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Study May Reshape Cannabis Industry Economics and Markets
DENVER, July 15 — The scent of optimism that has hung over America’s legal cannabis industry for years…
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Global War Disrupts Food Chains, Sends Prices Soaring Worldwide
ROME, July 15 — Four years after the Russian invasion of Ukraine sent shockwaves through global commodity markets,…
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Miracle on the Hudson: Timeline of US Airways Flight 1549
NEW YORK, January 15 — The Airbus A320 had been airborne for barely two minutes when the impact…
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Historical Precedent: New Deal & Post-War Corporate Tax Seizures
WASHINGTON, July 14 — The debate over taxing America’s booming artificial intelligence industry is drawing on a playbook…
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FOMC: The 12 Officials Who Decide U.S. Monetary Policy
WASHINGTON, July 14 — The Federal Open Market Committee meets eight times a year in this capital city,…
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Fed Rate Hikes Since 2022: How the Fed Fights Inflation
WASHINGTON, July 14 — The Federal Reserve’s campaign to cool the American economy stands at a critical juncture…
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SpaceX Stock Hits All-Time Low After Rival Rocket Breakthrough
HAWTHORNE, Calif., July 14 — The hum of SpaceX’s headquarters on Rocket Road feels different today. On the…
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Oil Prices, Shipping Costs Rise as Global Supply Chains Disrupted
LONDON, July 13 — The oil tankers still move through the narrows, but each barrel now carries a…
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Hub Group’s Journey from Humble Office to Logistics Leader
OAK BROOK, Ill., July 11 — A securities fraud class action lawsuit has been filed against Hub Group,…
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Zillow Stock Drops as Lawsuit Impacts Financial Results
SEATTLE, July 11 — On the ground here, the morning after a securities fraud lawsuit landed on Zillow…
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Yellen Oversees $155B Monthly Borrowing, $24B Weekly Interest
WASHINGTON, July 11 — The arc of Janet Yellen’s career traces a line through the nerve centers of…
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U.S. Borrows $155B Monthly, Pays $24B Weekly Interest in FY 2024
WASHINGTON, July 11 — The interest clock on the national debt is ticking at a rate that, by…
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Las Vegas Prices Surge As City Shifts To Luxury Market
LAS VEGAS, July 10 — The neon hum is still there, pulsing along the Strip after dark. But…
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US Gas Prices, Inflation May Rise Amid Tariff Impacts, Experts Warn
WASHINGTON, July 10 — On the ground at filling stations across the country, the price of regular gasoline…
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Panama Canal Drought Reduces Daily Ship Transits, Strains Global Trade
PANAMA CITY, July 10 — On the banks of the Miraflores Locks, the scene is both familiar and…
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Harry Dexter White: Architect of Dollar-Centered Bretton Woods
WASHINGTON, July 10 — On the ground in the archives of American economic history, the name Harry Dexter…
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1929 Crash and New Deal: How SEC and Modern Regulation Were Born
WASHINGTON, July 10 — On the floor of the New York Stock Exchange, the scene on Black Thursday,…
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NYSE: 1792 Buttonwood Tree to Modern Electronic Trading
NEW YORK, July 10 — The floor of the New York Stock Exchange at 11 Wall Street hums…
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Fed Rate Changes: Impact on US Inflation, Employment, and GDP Figures
WASHINGTON, July 10 — The grocery store checkout feels different now. Four years after inflation hit its highest…
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Fed Explains Rate Tools: Funds Rate, Market Ops, Discount
WASHINGTON, July 10 — On a sweltering morning in the nation’s capital, the machinery of American monetary policy…
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American Farmers Skip Big Buyers and Sell Corn Direct as Crop Prices Slump
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National MCOOL Coalition Petitions White House, Congress to Label Beef
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