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Wall Street Is Battered by Rising Fear About the Economy The S&P 500 plunged nearly 9 percent in April, its worst monthly decline since March 2020, as rising interest rates and high inflation raised concerns about consumer sentiment.
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How To Buy Apple (AAPL) Stocks & Shares Shares in iPhone, iPad and Mac manufacturer Apple fell 2% from $163.64 (£129.87) to $159.98 (£126.97) in after-hours trading yesterday (Thursday) despite the firm announcing record second-quarter revenues. The company's reported earnings per share of ...
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Berkshire Hathaway's annual meeting is here: What to expect from Warren Buffett and Charlie Munger This year's Berkshire annual meeting, dubbed "Woodstock for Capitalists," will return with shareholders in person in Omaha, Nebraska for the first time since 2019; CNBC will host the exclusive livestream on Saturday starting at 9:45am ET.
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Whistleblower alerted FDA to alleged safety lapses at baby formula plant months before recalls, complaint shows (CNN) A former employee of Abbott Nutrition documented his concerns that the company was hiding safety problems at its Sturgis, Mich., production facility and sent a detailed complaint to the US Food and Drug Administration months before infant formula ...
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FDA sets aside June for potential decisions on vaccines for the youngest Americans. WASHINGTON — The Food and Drug Administration laid out a tentative timetable on Friday for deciding whether to authorize a coronavirus vaccine for America's youngest children, announcing that June 8 is the earliest date that it will present data to its ...
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Will Elon's Twitter Deal Die—And Why Doesn't The Stock Price Match His $54.20 Offer? Elon Musk has accomplished many great things, like pioneering a new era of manned space travel. He's also done all these things: Made a penis joke about a U.S. Congressman. Suggested that concern about a potentially lethal disease, Covid-19, was "dumb.
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Inflation spurs record decline in workers' compensation What's more, it comes at a time when compensation costs -- which includes the wages employers pay plus health, retirement and other benefits -- are rising swiftly, before accounting for inflation, as employers try to fill positions and hold on to their ...
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States sue the US Postal Service over its decision to buy gas-powered trucks Plaintiffs contend that purchases of fossil fuel-powered delivery vehicles will cause environmental harm for decades to come. The lawsuits could further delay the Postal Service's efforts to replace the ubiquitous delivery trucks that went into service ...
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Amazon stock plunges as company reports nearly $4 billion loss Amazon reported a significant loss in the first three months of the year, sending the company's stock plunging. The tech giant on Thursday said it had a net loss of $3.8 billion in the quarter ended March 31, a sharp drop in income from the same period ...
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Market volatility, balance sheet surprises raise risk of bumpy Fed pivot April 29 (Reuters) - The Federal Reserve is expected to approve plans next week to reduce a nearly $9 trillion balance sheet that ballooned as part of its efforts to fight the pandemic recession, in a process U.S. central bank officials expect to run ...
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