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8 mins read

The end of American careerism

Climbing the corporate ladder was once a cornerstone of the American Dream. Now, many professionals…

Aki Ito   


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4 mins read

China released a blitz of stimulus measures to boost its economy. Now begins the balancing game.

China is a top-down system and officials will pull out the stops to make it into Xi's good books. I…

Huileng Tan   


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2 mins read

Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut

Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to …

Filip De Mott   


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1 min read

Pumpkin Spice Latte season is coming earlier than ever. Starbucks could use the jolt.

The PSL debuted in early September back in 2015, though its release has come earlier and earlier. N…

Geoff Weiss   


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3 mins read

Starbucks could give a much-needed jolt to the EV market

Mercedes-Benz will help soothe range anxiety with its Starbucks chargers — and may drive coff…

Ana Altchek   


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2 mins read

Powell's not the only central banker in the spotlight. Away from Jackson Hole, one chief had to endure 5 hours of intense questioning.

Fed chair Powell's is giving speech at Jackson Hole that may signal rate cuts. BOJ governor Ueda is…

Huileng Tan   


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2 mins read

Wall Street is fixated on Powell's speech Jackson Hole this week after his 'Volcker Moment' there 2 years ago

Expectations are rising for Fed interest rate cut after inflation slowed in July. Meanwhile, the US…

Huileng Tan   


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2 mins read

China released a 22,000-character plan for its economy that doesn't say very much

David Lubin, a senior research fellow of global economy and finance at Chatham House, said the plen…

Huileng Tan   


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4 mins read

A movie-theater veteran has launched a company that seeks to jolt the industry with AI and a new production studio

John Fithian's The Fithian Group is building a studio and direct distribution system to bring more …

Jason Guerrasio   


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1 min read

Earthquake jolts Delhi and other parts of northern India

Two earthquakes of magnitude 4.6 and 6.2 jolted Nepal at an interval of 25 minutes, with strong tre…

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3 mins read

Inflation comes in hotter than expected

The consumer price index rose by 3.1% year over year in January, lower than the 3.4% in December.

Madison Hoff   


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2 mins read

What recession? The Great Resignation rages on with 4.3 million Americans quitting in May amid a still-hot job market

"Workers don't think there is a recession happening. Employers certainly don't either," Nick Bunker…

Juliana Kaplan,Madison Hoff   


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2 mins read

Job openings fell again through May as the hiring recovery surged forward

The US economy had 11.3 million job openings at the end of May, according to data out Wednesday. Th…

Ben Winck,Madison Hoff   


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2 mins read

Blame inflation if you're still helping your adult kids pay their bills, says 'Shark Tank' investor Kevin O'Leary

Historic levels of inflation has priced many young Americans out of affording basics such as rent, …

Theron Mohamed   


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2 mins read

Nobody's quitting their job anymore. That's a bad sign for workers.

The number of people resigning fell by 12% last year, according to the latest official figures. Tha…

George Glover   


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2 mins read

This map shows the states where the most Americans quit their jobs in January

Quitting was most rampant in Alaska, where the quits rate sat at 4.4% in January. Conversely, New Y…

Ben Winck,Madison Hoff   


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3 mins read

Your energy costs could become a lot more unpredictable

The time when Americans could rely on cheap natural-gas prices to heat their homes and power busine…

Catherine Boudreau   


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3 mins read

Here are the industries where 11 million jobs sit open — just waiting for Great Resigners to fill them

The US boasted 11.4 million job openings in April. Just a handful of sectors make up the majority o…

Ben Winck,Madison Hoff   


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2 mins read

Job openings dipped from record highs in April as companies continued to grapple with the labor shortage

The US boasted 11.4 million job openings at the end of April, down from the prior month's 11.9 mill…

Ben Winck,Madison Hoff   


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3 mins read

Great Resignation regret is sweeping the nation as workers who quit for more money quit again: 'It sucks to be miserable'

For a year now, Americans have been quitting for higher pay and flexibility — it might work, …

Jason Lalljee