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Adam Neumann WeWork bid faces questions over financing, business plan
Israeli-American businessman Adam Neumann speaks during The Israeli American Council (IAC) 8th Annual National Summit on January 19, 2023 in…
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Anthropic lining up a new slate of investors, ruled out Saudi Arabia
Deep-pocketed, sovereign wealth funds are among the investors clamoring to get a stake in Anthropic, the red-hot artificial intelligence startup…
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U.S. wraps up fiscal year with budget deficit near $1.7 trillion
Janet Yellen, U.S. Secretary of the Treasury, participates in a global infrastructure and investment forum in New York on Sept.…
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U.S. weekly jobless claims total 198,000, less than expected
Initial filings for unemployment benefits dipped last week, indicating that the U.S. labor market remains tight and a potential factor…
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Philadelphia Fed President Harker advocates holding interest rates ‘where they are’
Patrick Harker President Federal Reserve Bank of Philadelphia, August 24, 2023. David A. Grogan | CNBC Philadelphia Federal Reserve President…
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Incoming Walgreens CEO doesn’t mention pharmacy walkouts
Tim Wentworth, CEO of Express Scripts. David A. Grogan | CNBC Incoming Walgreens CEO Tim Wentworth on Thursday briefly praised…
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Weight loss drugs Wegovy, Ozempic may be linked to stomach paralysis
Still life of Wegovy an injectable prescription weight loss medicine that has helped people with obesity. It should be used…
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Obesity pill data boosts Structure Therapeutics shares
Aykut Karahan | Istock | Getty Images Shares of Structure Therapeutics rose more than 30% on Friday after the biotech…
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Disney plans to speed up and expand investment in parks and cruises business
Disney World celebrated its 50th anniversary in April 2022. Aaronp | Bauer-Griffin | GC Images | Getty Images Disney said…
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Americans plan to cut spending through holidays, survey says
U.S. consumers have cut back on spending this year, and they plan to continue to do so through the holidays,…
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Trump bemoans high interest rates and indicates he might pressure Fed to lower
Former President Donald Trump speaks with the press at the Iowa Pork Producers booth during the 2023 Iowa State Fair…
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Finance News
Caesars paid millions in ransom to cybercrime group prior to MGM hack
The exterior of Caesars Palace Hotel and Casino in Las Vegas, May 29, 2017. George Rose | Getty Images Days…
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CPI report August 2023: Inflation rose 0.3%
Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety…
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Credit crunch worries at 10-year plus high, New York Fed survey says
Choochart Choochaikupt | Istock | Getty Images American consumers are worried about access to credit amid persistently higher interest rates…
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Medicare drug price negotiations may have muted impact on drugmakers
In this photo illustration, Eliquis is made available to customers at the New City Halsted Pharmacy on August 29, 2023…
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Simone Biles wins 8th U.S. Gymnastics title a decade after her first
Simone Biles warms up before day four of the 2023 U.S. Gymnastics Championships at SAP Center on August 27, 2023…
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American workers are demanding almost $80,000 a year to take a new job
A woman waits on customers at the Same Day Cafe in the Logan Square neighborhood on August 18, 2023 in…
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SEC investigating Illumina over Grail acquisition
A building on the campus at the world headquarters of Illumina is shown in San Diego, California, Sept. 1, 2021.…
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Finance News
Wholesale prices rose 0.3% in July, higher than expected
A measure of wholesale prices rose more than expected in July, countering recent trends showing that inflation pressures are easing.…
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Finance News
CPI inflation July 2023: Inflation rose 3.2% annually
The consumer price index rose 3.2% from a year ago in July, a sign that inflation has lost at least…
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