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Bernie Sanders: Pay your workers better. Warren Buffett: That's not my job New York (CNN Business) Warren Buffett, the ninth-richest person on the planet, says it's not up to him to settle a strike by 450 steelworkers at a company he owns. Sen. Bernie Sanders wrote a letter to the Berkshire Hathaway CEO, requesting that he ...
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Trump appointee at FDIC to resign after partisan brawl Jelena McWilliams attends a Senate Banking Committee hearing. FDIC Chairman Jelena McWilliams' impending exit opens up another key position for President Joe Biden ...
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The Fed's Moves Pumped Up Stocks. In 2022, It May Pull the Plug. Investors can now say goodbye to all that. Come 2022, the Federal Reserve is expected to raise interest rates to fight inflation, and government programs meant to stimulate the economy during the pandemic will have ended ...
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How air travel changed in 2021 Editor's Note — Sign up for Unlocking the World, CNN Travel's weekly newsletter. Get news about destinations opening and closing, inspiration for future adventures, plus the latest in aviation, food and drink, where to stay and other travel ...
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Stocks could ride the 2021 tailwind into the new year, but the jobs report and Fed will be in focus A trader works on the floor of the New York Stock Exchange (NYSE) December 9, 2021. Brendan McDermid | Reuters. It's back to business in the week ahead ...
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Air Travel Is No Holiday as Covid and Storms Cancel Flights Airlines may have thought their pandemic troubles were behind them in the fall as a coronavirus wave subsided and travelers increasingly took to the skies. But a new virus surge and winter storms have left the carriers and their passengers in a holiday ...
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FAA warns it may be forced to delay flights because of Covid Washington (CNN Business) The Federal Aviation Administration is warning more air travel headaches may be in store, even as airlines cancel thousands of flights because of coronavirus crew shortages and other issues. The FAA said Friday an "increased ...
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JPMorgan and Citi return to remote work to start 2022 New York (CNN Business) Omicron is messing with back-to-the-office plans for both JPMorgan Chase and Citigroup. Citing the spike in Covid-19 cases, both big banks told US employees on Thursday that they can start 2022 by working remotely.
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Stocks surged in 2021, as Wall Street rolled its eyes at Covid The Dow gained about 40 points in early trading Friday, or 0.1%. It is up 19% this year. The Nasdaq was up 0.2% Friday and has gained more than 22% in 2021 while the S&P 500, which also rose 0.2% in early trading, is up more than 27% this year.
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S&P 500 Ends 2021 Up 27%, Finishing Best Three-Year Stretch Since 1999 Stocks posted small losses in the last trading session of 2021, but the major U.S. indexes closed out one of their best years on record. The Dow Jones Industrial Average ended New Year's Eve trading down 60 points, or 0.2%, to 36,338.
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