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Categories Economy

Here’s what has driven the Dow rally to 40,000, and why it could keep going

Author May 18, 2024

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Categories Economy

UAW loses Alabama union vote seen as bellwether for organizing autoworkers in the South

Author May 18, 2024

Workers at two Mercedes-Benz factories in Alabama have voted against joining the United Auto Workers, the largest autoworkers union in the U.S.,

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Categories Economy

The Mirage casino, which ushered in an era of Las Vegas Strip megaresorts in the ’90s, is closing

Author May 18, 2024

LAS VEGAS — The iconic Mirage hotel-casino on the Las Vegas Strip will shut its doors this summer, the end of an

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Categories Economy

Wayfair to open its first large store, as physical locations make a comeback

Author May 18, 2024

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Categories Economy

Under Armour is laying off workers as retailer says North America sales will plunge this year

Author May 17, 2024

Under Armour announced a broad restructuring plan on Thursday as it said sales in its largest market, North America, plunged 10% and predicted

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Categories Economy

Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000

Author May 17, 2024

Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla’s comparable Model

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Categories Economy

Rent up, groceries down: Inflation cooled slightly in April, but consumers still face a mixed bag

Author May 17, 2024

The consumer price index, the most-watched inflation measurement put out by the U.S. government, declined slightly to 3.4% on a 12-month basis

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Categories Economy

Netflix ad-supported tier has 40 million monthly users, nearly double previous count

Author May 17, 2024

Netflix’s cheaper, ad-supported tier has amassed 40 million global monthly active users, the company said Wednesday. That’s nearly double the 23 million figure

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Categories Economy

McDonald’s $5 value meal is coming in June — and staying for just a month

Author May 17, 2024

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Categories Economy

United Airlines says FAA cleared it to start adding new aircraft, routes after safety review

Author May 17, 2024

United Airlines said the Federal Aviation Administration has cleared it to start adding new aircraft and routes months after the regulator stepped up

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