Business News

'Gig work' rule is in Biden administration's crosshairs, sending DoorDash and Lyft stocks to all-time lows Tue, Oct 11th 2022 at 8:48 pm
The Labor Department on Tuesday proposed a rule that could cut at the heart of the business models of Uber ...
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GM invests in nickel and cobalt operation in Australia Tue, Oct 11th 2022 at 8:16 pm
GM enters into another partnership with a supplier to secure the materials it will need to hit 1 million EVs made ...
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Did the Federal Reserve make an epic mistake by not hiking interest rates sooner? Tue, Oct 11th 2022 at 7:27 pm
If Fed raised rates sooner, inflation would be percentage point lower but unemployment would be two points higher, San Francisco ...
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Chip stocks could suffer worst year ever as effects of shortage-turned-glut spread Tue, Oct 11th 2022 at 7:26 pm
Chip stocks sell off again Tuesday with havens within the battered semiconductor industry disappearing as the effects of a supply ...
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Stock market news live updates: Stocks, bonds swing in seesaw session as earnings creep up Tue, Oct 11th 2022 at 7:03 pm
Investors are navigating a murky week marked by producer and consumer inflation data and the first reporters of third-quarter earnings ...
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What is the railroad strike of 2022? Why rail workers are striking and what it means for you Tue, Oct 11th 2022 at 6:13 pm
Threats of a railroad strike that could debilitate the economy linger after a railroad union rejected its deal with freight ...
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Bally's expected to buy Freedom Center site 'this week' for planned Chicago casino Tue, Oct 11th 2022 at 5:36 pm
With time running out on its option to buy the Freedom Center printing plant, Ballys is expected to close the ...
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After U.S. equity inflows neared record last week, Bank of America has a warning Tue, Oct 11th 2022 at 5:31 pm
Inflows to stocks neared a record last week as bets on a bottom forming spurred major dip-buying across U.S. ...
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Stock market news live updates: Stocks mixed, yields rise as earnings creep up Tue, Oct 11th 2022 at 4:46 pm
U.S. equities seesawed on Tuesday, while Treasury yields pushed higher as a rout in the stock and bond markets ...
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Meta Might Be Close to a Bottom. Or Not. The Chart Hints. Tue, Oct 11th 2022 at 4:46 pm
Meta stock is hitting new lows and is now trading under its covid low from 2020. Is it close to a ...
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Stock market news live updates: Stocks turn higher, bond yields retreat from climb Tue, Oct 11th 2022 at 4:46 pm
U.S. stocks charged forward Tuesday after rebounding from earlier declines, extending a recent run of back-and-forth trading, as bonds ...
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California's drought adds to food inflation with tomatoes, onions, garlic hit Tue, Oct 11th 2022 at 4:00 pm
California's ongoing drought is expected to impact the prices of key crops like tomatoes and onions, driving food inflation even ...
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The Fed won't pivot away from its interest rate hikes until one of these 3 things happen Tue, Oct 11th 2022 at 3:51 pm
The Fed is likely to hike interest rates another 75 basis points at its November meeting as it continues to struggle ...
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Labor proposal could upend rules for gig workers, companies Tue, Oct 11th 2022 at 3:40 pm
The U.S. Department of Labor proposes new rules for classifying workers, saying that thousands of people are incorrectly labeled ...
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Americans' inflation expectations dropped again in September, New York Fed says Tue, Oct 11th 2022 at 3:18 pm
The New York Federal Reserve released a closely watched survey on Tuesday revealing that Americans' inflation expectations dropped in the ...
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Biden administration proposes rule that could upend "gig" work Tue, Oct 11th 2022 at 2:55 pm
Rule would make it harder for companies to skirt minimum wage and overtime laws by classifying workers as contractors.
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IMF Lowers Global Growth Forecast With Risks 'Unusually Large and to the Downside' Tue, Oct 11th 2022 at 2:20 pm
The global organization highlighted myriad problems from high inflation, rising interest rates and the war in Ukraine.
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Stock market news live updates: Stocks edge lower, yields rise as earnings creep up Tue, Oct 11th 2022 at 1:35 pm
U.S. equities slumped at the start of trading Tuesday, while Treasury yields pushed higher as a rout in the ...
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IMF warns 'worst is yet to come' for global economy as recession risks rise Tue, Oct 11th 2022 at 1:25 pm
The global economy is headed for "stormy waters," the International Monetary Fund warned in its latest Global Economic Outlook, amid ...
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The Fed's mistakes created a threat to financial stability - and 'there's no ladder out of this hole,' Mohamed El-Erian warns Tue, Oct 11th 2022 at 1:05 pm
El-Erian expects the Federal Reserve to hike interest rates by another 75 basis points at its November meeting.
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