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The Inflation Measures That Business Leaders Should Follow The Consumer Price Index attracts the most attention, as well as the most criticism. It's useful so long as it's not taken too seriously. Many people express the belief in casual conversation that actual inflation exceeds the CPI increase. There's a little ...
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A Crypto Emperor's Vision: No Pants, His Rules NASSAU, The Bahamas — The crypto executive Sam Bankman-Fried, who rose to fame by building a $40 billion business in less than three years, stood in the wings at the Baha Mar convention center, wearing his usual schlubby ensemble of shorts and a ...
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America is running out of baby formula because 3 companies control the market and babies aren't that profitable Sign up for the Fortune Features email list so you don't miss our biggest features, exclusive interviews, and investigations. A baby formula shortage gripping the U.S. since March has parents in a panic over where and when they'll be able to find the ...
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4 things to know as cryptocurrencies such as Bitcoin (and stablecoins) melt down So why are cryptocurrencies down so much? Put simply, cryptocurrencies got caught up in the maelstrom affecting broader markets. Stocks, bonds and other assets have tumbled in recent weeks as investors fear the ...
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The 15 cities with the most expensive commutes, based on the cost of gas With gas prices in the U.S. hitting an all-time average high of $4.43 per gallon on Friday, some commuters may be feeling a budget squeeze worse than others. With gas prices, location matters: The difference in gas expenses for drivers commuting to ...
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Texans asked to turn up thermostats after sweltering heat knocks six power plants offline The Electric Reliability Council of Texas (ERCOT) made the appeal in a statement Friday, saying that soaring temperatures increased demand and caused six power generation facilities to trip offline. That resulted in the loss of about 2,900 megawatts of ...
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Musk Says His Twitter Takeover Is 'On Hold,' Then Says He's 'Still Committed' Already one of the most unusual corporate takeover attempts in modern business, Elon Musk's $44 billion deal to buy Twitter got a little weirder on Friday. First, in a pre-dawn tweet, Mr. Musk said the deal was on hold. He said he wanted more details ...
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It Might Not Be Time to Buy the Dip. This Expert Sees Stocks Falling Even Lower. The major U.S. stock market indexes have lost roughly 12% to 25% this year, a painful setback after two years of gains. Time to buy? Not so fast, based on a technical analysis of current market conditions. Andrew Addison, a veteran market technician, ...
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Varieties of Starburst, Skittles and Life Savers gummies recalled New York (CNN) Mars Wrigley US and Canada issued a voluntary recall of numerous gummy candies Friday, saying there could be a thin metal strand inside the candies or loose in the bag. The gummies were distributed in Canada, the United States and Mexico ...
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United reaches new contract deal with pilots' union, the first of the major airlines in pandemic United reached unique agreements with its pilots during the Covid pandemic to keep them trained for a rebound. The deal likely includes higher pay and other improvements for pilots.
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