Economy
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Boeing lays off over 2K employees in Washington state following strike, financial issues
The reduction in Washington, where it has eliminated 2,199 jobs, is only a fraction of its workforce in the state, which consisted of 66,000 workers last week. The terminations have impacted workers in all three of the company's divisions.
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Annual inflation rate reaches 2.6% in October, up 0.2% from previous month, feds
The increase was in line with Wall Street expectations
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Small businesses continue to struggle with labor
Quality of employees those small businesses do find is also a significant issue, according to the recently released Jobs Report from the National Federation of Small Business.
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Treasury Secretary Yellen warns U.S. must raise debt ceiling by June 1 or risk default
While Democrats have sought a clean increase to the debt limit with no strings attached, Republicans have worked to extract spending concessions from the Biden administration as a precondition for raising it.
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Reports by FDIC, Fed cast blame on regulators and Silicon Valley Bank for lender's collapse
Silicon Valley Bank, then New York-based Signature Bank failed in March.
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Icon weight loss company Jenny Craig tells staffers expect mass layoffs, amid transition to online
The eponymous company was started in Australia in 1983 by Louisiana-born Jenny Craig who made her foray into the U.S. market two years later.
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US economy grew at a slower pace in first quarter, compared to previous months, same time last year
Economists point to rising interest rates and high inflation as major factors for the slowdown.
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Disney to lay off thousands this week in largest round of job cuts: reports
The layoffs are expected to save Disney $5.5 billion.
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Bed Bath & Beyond files for bankruptcy protection after long struggle
Bed Bath & Beyond had closed hundreds of stores since last year in an attempt to cut costs while the company's stocks also plunged.
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Federal Reserve predicts 'mild recession' this year
Weeks before the Fed meeting, federal regulators took control over Silicon Valley Bank and Signature Bank.
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Inflation cools for ninth straight month but remains above targeted 2% rate
The price of eggs dropped 11% in March.
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U.S. unemployment rate for March 3.6%, essentially unchanged from previous month
The unemployment rate for February was 3.6%.
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Budweiser Clydesdale appearances canceled over safety concerns amid trans influencer backlash
Earlier this week, the brand attracted considerable scrutiny from conservatives over the announcement that Mulvaney had entered into a paid partnership with the firm.