Finance
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6 Reasons Meta Is in Trouble
Meta, the company formerly known as Facebook, suffered its biggest one-day wipeout ever on Thursday as its stock plummeted 26…
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Biden’s Pick for Bank Cop Faces a Contentious Senate Hearing
Sarah Bloom Raskin is a longtime Washington policy player with progressive credentials and a track record of speaking out against…
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Britain braces for another increase in interest rates.
In Britain, consumer prices are rising at their fastest pace in three decades, prompting investors to prepare for something that…
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January Jobs Report May Disappoint. It Is Sure to Perplex.
The January jobs report is arriving at a critical time for the U.S. economy. Inflation is rising. The pandemic is…
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The Post Office Is Buying Gas-Powered Trucks, Despite Biden Climate Order
WASHINGTON — A senior House Democrat called on Wednesday for the resignation of Louis DeJoy, the postmaster general, saying he…
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Meta spent $10 billion on the metaverse in 2021, dragging down profit.
Mark Zuckerberg said his company was going all in on the metaverse last year. On Wednesday, he showed how much…
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How Spiking Energy Prices Complicate the Fight Against Global Warming
WASHINGTON — While world leaders have vowed to scale back the use of fossil fuels to help keep a lid…
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U.S. National Debt Tops $30 Trillion as Borrowing Surged Amid Pandemic
WASHINGTON — America’s gross national debt topped $30 trillion for the first time on Tuesday, an ominous fiscal milestone that…
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Can Jennifer Lopez Save the Rom-Com?
LOS ANGELES — Of course the fireplace is lit at Jennifer Lopez’s house. It’s a rainy day just a week…
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Despite Labor Shortages, Workers See Few Gains in Economic Security
Over the past two months, Brenda Garcia, who works at a Chipotle in Queens, has struggled to land more than…