Business
Credit card balances spiked in the third quarter to a record $1.08 trillion. Here’s how we got here.
Americans now owe $1.08 trillion on their credit cards, according to a new report on household debt from the Federal Reserve Bank of...
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WeWork, the office-sharing company once valued at $47B, files for bankruptcy protection
Office-sharing company WeWork filed for Chapter 11 bankruptcy protection in New Jersey federal court Monday, saying that it had entered into agreements...
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Tens of thousands of Las Vegas Strip hotel workers at 18 casinos could on go strike this month
Tens of thousands of Las Vegas hotel workers set a deadline Thursday for a sweeping strike, threatening major disruptions to...
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Matthew Perry reportedly got $20 million a year in ‘Friends’ residuals. Here’s who may get them now.
Matthew Perry, the beloved actor best known for his role as sarcastic, wise-cracking Chandler Bing on the sitcom “Friends,” died Saturday at...
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Tyson plant closures prompt economic soul-searching in the Ozarks
When Tyson Foods announced in August that it was closing its 1,500-worker chicken plant in Noel, Missouri, residents knew the...
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What’s next for Sam Bankman-Fried and FTX executives and investors
Former cryptocurrency billionaire Sam Bankman-Fried faces the prospect of a long prison sentence, but that’s not the end of the...
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U.S. payrolls increased by 150,000 in October, less than expected
The U.S. economy saw job creation decelerate in October, confirming persistent expectations for a slowdown and possibly taking some heat...
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Amazon used an algorithm to essentially raise prices on other sites, the FTC says
Amazon used a secret algorithm that essentially helped the company raise prices on other online sites and “destroyed” some internal...
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Starbucks unveils plan to add 17,000 locations by 2030
Starbucks on Thursday presented the latest stage in its plan to drive growth for the company, which involves accelerating its global...
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Sam Bankman-Fried found guilty on all counts at fraud trial over crypto exchange FTX
Sam Bankman-Fried, once hailed as a genius in cryptocurrency, was found guilty Thursday of all fraud counts against him, a...
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