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US weekly jobless claims fall more than expected
Business

US weekly jobless claims fall more than expected

Posted on: July 12, 2024

In the latest report from the Labor Department, the number of Americans filing new applications for

Business

Australia’s competition regulator starts informal review of TPG Telecom-Optus deal

Posted on: July 12, 2024

he Australian competition regulator has initiated an informal review of the network sharing agreement

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation report
Business

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation report

Posted on: July 12, 2024

Asian stock markets had a mixed performance on Friday, with the Japanese yen losing some of its recent gains against the US dollar.

Why June CPI is going to be a big moment for stock market bulls, according to Fundstrat’s Tom Lee
Business

Why June CPI is going to be a big moment for stock market bulls, according to Fundstrat’s Tom Lee

Posted on: July 12, 2024

Fundstrat’s Tom Lee predicts that the upcoming June CPI report will reveal a further decline in inflation

Era of near-zero interest rates likely over: Powell
Business

Era of near-zero interest rates likely over: Powell

Posted on: July 12, 2024

Federal Reserve Chair Jerome Powell stated on Wednesday that the period of exceptionally low interest rates

Business / Focus

Big Lots to close 35 to 40 stores this year amid ‘doubt’ the company can survive

Posted on: July 12, 2024

Discount retailer Big Lots is planning to close 35 to 40 stores this year due to worsening financials and a challenging consumer market

California fast food workers now earn $20 per hour. Franchisees are responding by cutting hours.
Business

California fast food workers now earn $20 per hour. Franchisees are responding by cutting hours.

Posted on: July 10, 2024

Lawrence Cheng, the owner of seven Wendy’s locations in southern Los Angeles, found himself making

Samsung Electronics workers announce ‘indefinite’ strike
Business

Samsung Electronics workers announce ‘indefinite’ strike

Posted on: July 10, 2024

Workers at Samsung Electronics have escalated their strike action by declaring an indefinite strike to

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