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Biden and governors are trying to help Americans cope with inflation. They may make it worse There are few things that President Joe Biden wants more than to see inflation subside. But the few tools that he – and governors – have in their arsenal to help Americans cope with high prices will probably prolong the pain, experts say.
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Billionaire Sheryl Sandberg Has Unloaded More Than 90% Of Her Facebook Stock Over The Past Decade Sheryl Sandberg has been one of Facebook's biggest cheerleaders for more than a decade. Since joining the social media platform as chief operating officer in 2008, she was crucial in forming the business strategy that morphed Facebook (now named Meta ...
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Sheryl Sandberg's complicated legacy at Facebook As second-in-command to Facebook cofounder Mark Zuckerberg, she oversaw the massive growth of its core advertising business while positioning herself as an icon of corporate feminism. When she joined Facebook as COO ...
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Microsoft tries collaborating with unions to avoid 'public disputes' In a blog post shared with The Washington Post, Microsoft President Brad Smith wrote that the company will respect workers' rights to unionize and plans to work collaboratively with organized labor organizations to "make it simpler rather than more ...
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Social Security won't be able to pay full benefits by 2035 if Congress doesn't act At that time, the fund's reserves will be depleted, and payroll taxes will only cover 77% of benefits owed. Some 56 million people received these benefits in 2021. The trust fund for disability insurance, by contrast, should have sufficient funds through ...
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Biden looks powerless as crises crest around him (CNN) Joe Biden is right that presidents can't just click their fingers and fix things. But for his political prospects, he might have been best not saying so out loud. Biden is bolstering perceptions that his crisis-submerged presidency is beleaguered ...
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$2 trillion in savings may not rescue the economy What's happening: Consumers in the United States should maintain healthy spending patterns for the next six to nine months, JPMorgan Chase CEO Jamie Dimon said at an investor conference on Wednesday. Stimulus checks are still making a difference.
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The last Howard Johnson's restaurant closed, ending an era of Americana The last Howard Johnson's restaurant has shut its doors, signaling the end of an era for travelers who remember the brand's fried clams and 28 flavors of ice cream as a road trip staple. The Lake George, N.Y., location is closed, and the property is up ...
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America's employers keep hiring despite high costs and a potential recession New York (CNN Business) America's employers are expected to have added hundreds of thousands of jobs in May, even in the face of high inflation, a potential recession and a new phase in the pandemic economy. The closely watched monthly employment ...
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New Energy Imperative Russia's invasion of Ukraine highlights the crisis and opportunity of the energy transition. Wagner - PHOTO: KATHARINA ROSSBOTH/DIE PRESSE. It is hard to look at a crisis like Russia's invasion of Ukraine and see a moment of opportunity.
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