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Business
US private payrolls post smallest gain in seven months
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The ADP National Employment Report on Wednesday also showed a moderation in wage growth for workers changing jobs.
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US consumer spending declines; annual inflation subsides
Consumer spending unexpectedly fell in January while the annual increase in inflation slowed, supporting financial market expectations that the Federa...
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Warner Bros Discovery expects streaming profits to double, sets 150 million users goal
By Harshita Mary Varghese and Aditya Soni February 27, 2025 – 7:46 AM PST (Reuters) – Warner Bros Discovery said it expects…
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US new home sales fall sharply in January
Sales of new U.S. single-family homes fell more than expected in January as persistently high mortgage rates sidelined potential buyers.
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Nasdaq touches over one-month low after weak consumer sentiment data
The tech-heavy Nasdaq led Wall Street declines, hitting a six-week low after fresh economic data indicated a deterioration in consumer sentiment.
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Starbucks to cut 1,100 corporate roles in CEO Niccol’s turnaround push
Starbucks said it would eliminate 1,100 corporate roles as CEO Brian Niccol pushes ahead with his turnaround efforts with falling sales.
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US probes UnitedHealth’s Medicare billing practices, WSJ reports
The Justice Department has launched a probe into UnitedHealth's Medicare billing practices in recent months, sending the healthcare conglomerate's sha...
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Target sued by Florida for defrauding shareholders about DEI
Target was sued by the state of Florida for allegedly concealing the risks of its diversity and social initiatives, leading its stock price to decline...
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US aviation sector calls for emergency funding for air traffic technology, staffing
The U.S. aviation sector called for "robust emergency funding" from Congress for air traffic control technology and staffing after a series of crashes...
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Nike to launch new women’s fitness brand with Kim Kardashian’s Skims
Nike will launch a new women's activewear brand in the U.S. this spring in partnership with Kim Kardashian-owned shapewear clothing company Skims.
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US retail sales post largest drop in nearly two years in January
U.S. retail sales dropped by the most in nearly two years in January, likely because of frigid temperatures and moderation following hefty gains in th...
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Karman Holdings valued at nearly $4 billion as shares jump in NYSE debut
Karman Holdings was valued at nearly $4 billion after its shares rose 36.4% in NYSE debut, signaling strong investor appetite for defense and space co...
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Boeing says it delivered 45 aircraft in busiest January since 2023
Boeing said that it had delivered 45 airplanes in January, up from 30 deliveries the previous month and the most deliveries in a month for the U.S. pl...
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Amazon faces union vote at North Carolina warehouse
Amazon is facing its second workers’ union vote in as many months as laborers decide whether they wish to collectively bargain with the retail giant.
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US Postal Service ends China parcel suspension, works to reduce disruption
The U.S. Postal Service said it would accept parcels from China and Hong Kong again after a temporary suspension of shipping low-value packages duty-f...
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US job openings post biggest drop in 14 months
U.S. job openings dropped by the most in 14 months in December, but steady hiring and low layoffs suggested that the labor market was not abruptly slo...
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Sony Pictures takes back distribution rights to ‘Wheel of Fortune,’ ‘Jeopardy!’ from CBS
Sony Pictures Television has assumed global distribution functions for syndicated TV game shows "Wheel of Fortune" and "Jeopardy!" citing failure by C...
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