The economy is screaming out for help. Washington needs to listen
The economic recovery is rapidly losing momentum, and millions of Americans are counting on Uncle Sam to come to the rescue. Yet politicians have so far failed to reach a …
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Southwest warns 6,800 employees of impending layoffs, a first for the airline
Southwest Airlines warned 6,800 employees Thursday they may be furloughed in the spring, the airline told CNN. If the layoffs do take place, they would be the first in the …
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Trump administration sues Facebook over alleged favoritism for immigrant workers
The Trump administration sued Facebook on Thursday for allegedly passing over US job candidates for thousands of positions in favor of immigrant workers holding temporary visas. The suit by the …
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OPEC and Russia agree to start pumping more oil next month
Saudi Arabia, Russia and other oil producing countries have agreed to start tentatively increasing output next month even as the coronavirus pandemic continues to cloud the outlook for demand. The …
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Forget bitcoin. These cryptocurrencies are surging even more
The dramatic rise in bitcoin may seem overly speculative. Yet bitcoin has actually lagged the surges for some other cryptocurrencies. While bitcoin has soared 15% in the past week to …
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Threat to remove Chinese firms from Wall Street is now on Trump’s desk
The US government is just one step away from enacting a law that could kick several Chinese firms off Wall Street, further escalating tensions between Washington and Beijing. The House …
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Hong Kong just lost a splashy tech conference to Kuala Lumpur
Hong Kong has lost a marquee tech conference to Kuala Lumpur, raising new questions about the Chinese territory’s ability to retain its status as Asia’s premier global business hub in …
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