Business

NEW YORK (AP) — The Federal Reserve’s move Wednesday to raise its key rate by a half-point brought it to a range of 4.25% to 4.5%, the highest level in 14 years. The Fed’s latest increase — its seventh rate hike this year — will make it…
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Holiday shopping: Why you'll see deep holiday discounts amid inflationAs the holiday season quickly approaches, here's how high inflation could benefit you when shopping for gifts.Just the FAQs, USA TODAYInflation throttled back…
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Major U.S. crypto exchange Coinbase, the third largest in the world by 24 hour volume, intends to enter the derivatives trading markets, having acquired the FairX derivatives exchange.FairX is a Designated Contract Market (DCM)…
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Apartment buildings on the Upper East Side neighborhood of New York.Victor J. Blue | Bloomberg | Getty ImagesManhattan rents hit their highest level ever for a December as the supply of apartments plummeted and landlords started…
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The White House’s chief energy adviser has described as “un-American” the refusal of US shale investors to ramp up drilling, even as Moscow’s invasion of Ukraine causes havoc on global oil and gas markets.US oil groups have been…
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On Friday, the Labor Department said that the Personal Consumption Expenditures index, the Fed’s preferred measure of inflation, rose 5.8 percent in the year through December, the fastest jump since 1982.The concern on Wall Street is…
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Cathay Pacific records up to $783m loss in 2021 as Covid curbs biteJennifer Creery in Hong KongEmpty Cathay Pacific check-in counters at Hong Kong International Airport © Chan Long Hei/BloombergCathay Pacific recorded losses of as much…
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Cyber Monday is here, which means you can save big on a whole lot of video games, consoles, and accessories. While some of the best deals have sold out throughout the deal festivities, you can still find a heap of great Cyber Monday…
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While telecom companies have rolled out 5G networks to various locations across the country over the last few years, many delivered an experience that was arguably only a notch above what 4G offers. Now, AT&T (T), which owns CNN's…
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New York CNN Business  —  Bob Iger was back at Disney headquarters on Monday to meet with employees for the first time since surprising the media world by returning as the…
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