Posts

Wealth
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The U.S. now has a third of the world's millionaires and billionaires

The U.S. now has a third of the world's millionaires and...

The U.S. now accounts for more than a third of the world's millionaires and billionaires,...

Wealth
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Wealthy inheritors plan to fire their parents' wealth advisors

Wealthy inheritors plan to fire their parents' wealth advisors...

Millennials and Gen Zers said they were unimpressed with poor digital offerings...

Finance
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Here's the inflation breakdown for May 2025 — in one chart

Here's the inflation breakdown for May 2025 — in one chart

Inflation was tame in May but President Trump's tariff policy may cause consumer...

Finance
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State AGs led by NY's Letitia James pressure Meta to clean up investment scams on Facebook

State AGs led by NY's Letitia James pressure Meta to clean...

Meta, the parent company of Facebook, Instagram and Whatsapp, is struggling to control...

Finance
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Stocks making the biggest moves midday: Oklo, Chewy, Quantum Computing, GitLab and more

Stocks making the biggest moves midday: Oklo, Chewy, Quantum...

These are the stocks posting the largest moves midday.

Finance
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Trade tensions aren't stopping Chinese companies from pushing into the U.S.

Trade tensions aren't stopping Chinese companies from pushing...

Chinese companies are so intent on global expansion that even a new IPO on the mainland...

Finance
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GameStop shares tank more than 20% as retailer reveals convertible debt offering, trading cards plan

GameStop shares tank more than 20% as retailer reveals...

The video game retailer announced plans for a $1.75 billion convertible notes offering...

Economy
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Musk says Trump's big bill undermines DOGE; president counters with political reality

Musk says Trump's big bill undermines DOGE; president counters...

Musk criticized President Donald Trump's signature spending bill that recently passed...

Economy
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Credit default swaps are back in fashion — even if the panic might be overblown

Credit default swaps are back in fashion — even if the...

The cost of insuring exposure to U.S. government debt has been rising steadily this...

Economy
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U.S. growth forecast cut sharply by OECD as Trump tariffs sour global outlook

U.S. growth forecast cut sharply by OECD as Trump tariffs...

The U.S. economy is now expected to expand by just 1.6% in 2025, while the global...

Economy
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Euro zone inflation falls to cooler-than-expected 1.9% in May, below ECB target

Euro zone inflation falls to cooler-than-expected 1.9%...

Economists polled by Reuters had been expecting the May reading to come in at 2%,...

Economy
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Job openings showed surprising increase to 7.4 million in April

Job openings showed surprising increase to 7.4 million...

Employers increased job openings more than expected in April while hiring and layoffs...

Economy
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Trade deficit fell by a record amount in April as demand dropped for imports

Trade deficit fell by a record amount in April as demand...

Following a record-breaking surge in the trade imbalance, the deficit slid to $61.6...

Economy
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Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts

Corporate layoffs have ramped up in recent weeks. Here...

Many companies lumped layoffs in with larger cost-cutting strategies. Some have...

Economy
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Friday's jobs report likely will show hiring cooled in May. Here's what to expect

Friday's jobs report likely will show hiring cooled in...

Economists expect that when the Bureau ofLabor Statistics reports the May nonfarm...

Economy
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The world could be facing another ‘China shock,’ but it comes with a silver lining

The world could be facing another ‘China shock,’ but it...

A new round of "China shock" appears to be under way as Beijing doubles down on...