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Goldman Sachs gets even gloomier on the US economy
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| Goldman Sachs is becoming increasingly pessimistic about the US economy as coronavirus support from the government phases out and consumer spending remains on an uncertain path. Read more » |
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With airline staff at a breaking point, passengers can expect more headaches to come
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| The problems at Southwest Airlines run deeper than the operational meltdown that caused more than 2,000 flight cancellations in recent days. And they'll continue well after the airline is back on schedule. Read more » |
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Gas prices have nearly doubled in 17 months. The global energy crisis could lift them higher
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| The cost of energy was dirt cheap in the spring of 2020 as roads and airports sat nearly empty during the height of the Covid-19 pandemic. Read more » |
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Elon Musk trolls Jeff Bezos as he pulls away as richest person on Earth
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| Elon Musk's personal wealth is now $222 billion, widening his gap as the richest person in the world according to Bloomberg's Billionaires Index. Musk's personal wealth skyrocketed an extra $10.6 billion after a secondary share sale by investors, announced last week, valued the space company over $100 billion, CNBC reported. Read more » |
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Another Chinese real estate developer is struggling to pay its debts
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| China's property crisis is ensnaring yet another developer. Read more » |
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Hasbro CEO Brian Goldner takes leave of absence for cancer treatment
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| Hasbro CEO Brian Goldner is taking medical leave of absence from his role effective immediately, the company announced. Read more » |
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