The Fed keeps rates near zero and acknowledges fragile recovery
The Federal Reserve, as widely expected, left its key short-term interest rate near zero following its latest policy meeting Wednesday. The Fed cut…
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The Federal Reserve, as widely expected, left its key short-term interest rate near zero following its latest policy meeting Wednesday. The Fed cut…
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Robinhood has lured inexperienced investors to its free-trading app with gaming elements such as colorful confetti and other aggressive marketing…
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It’s about to get much more difficult and more expensive to get packages delivered by Christmas. FedEx, United Parcel Service and the US Postal…
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A California-based startup that promises to make zero-carbon flight a reality has just received a major vote of confidence. ZeroAvia, a company…
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Some business leaders are in favor of requiring their employees take Covid-19 vaccines. Seventy-two percent of current and recent CEOs of major…
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Tom Cruise recently unleashed a profanity-filled tirade on the set of the upcoming “Mission: Impossible 7” after the star of the film…
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Taco Bell is adding three items back to its menu, just a few months after it axed a number of them because of the pandemic. The chain is bringing…
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Retail sales dropped last month, signaling the consumer recovery is stalling out as the pandemic worsens in the United States. Sales fell 1.1% last…
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Retail sales dropped last month, signaling the consumer recovery is stalling out as the pandemic worsens in the United States. Stores sold 1.1% less…
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All year, Wall Street has poured money into risky assets thanks to reassurances that the Federal Reserve would keep interest rates at rock-bottom…
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China’s luxury market has proved “unstoppable” this year even as the coronavirus pandemic hammered global demand for expensive…
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A Finnish-Canadian designer was arrested in Canada Monday, after he was indicted in the United States for allegedly using his fashion business as a…
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The trade fight between China and Australia appears to be escalating, with Beijing reportedly placing new restrictions on imports of Australian coal.…
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Editor’s Note: A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up here. In…
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MacKenzie Scott announced on Tuesday her second major charitable contribution of the year, giving away nearly $4.2 billion to 384 organizations as…
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For decades, ExxonMobil was an unstoppable machine and the envy of the oil industry. Now that machine has broken down — and Exxon’s…
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Geraldo Rivera, a Fox News correspondent and longtime friend of Donald Trump, has a message for the president: “It’s over.” During…
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Anna Wintour now has an even loftier title at Condé Nast. Wintour, who is already the editor in chief of Vogue US and artistic director and global…
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In his first year in office, President-elect Joe Biden will have many crucial decisions to make. One of those important choices is who will oversee…
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Starbucks is temporarily suspending its buy-one-get-one drink deals, better known as “Happy Hour,” in an effort to reduce the number of…
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