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Former Fed chairs warn that removing Lisa Cook could lead to inflation boom
A group of the country’s top economic leaders, including every living former Federal Reserve chair,…
Posted inBusiness
Amazon to pay $2.5 billion to settle FTC allegations that it duped customers into enrolling in Prime
SEATTLE — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission,…
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LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’
LimeWire, the filesharing service that set the internet ablaze in the 2000s before being shut…
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Convenience stores are eating fast-food chains’ breakfast
Fast-food restaurants are losing breakfast customers to convenience stores. Morning meal traffic to fast-food chains…
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Trump administration ramps up pressure on Labor Department with data probe
The Labor Department has announced an inquiry into the Bureau of Labor Statistics over recent…
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Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy
Shares of Kenvue fell more than 10% on Friday after a report that Health Secretary…
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Mortgage rates see biggest one-day drop in over a year
The average rate on the 30-year fixed mortgage dropped 16 basis points to 6.29% Friday,…
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Paramount mandates 5-day-a-week return to office ahead of major cost cuts
David Ellison continues to put his stamp on Paramount after its acquisition by Skydance. The…
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Apple has survived Trump’s tariffs so far. It might raise iPhone prices anyway.
When Tim Cook gifted President Donald Trump a gold and glass plaque last month, the…
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Trump family’s American Bitcoin makes stock market debut
Shares in the Trump family’s latest cryptocurrency made its stock market debut Wednesday, triggering more…