Business
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Microsoft lays off 10,000 employees
Microsoft CEO Satya Nadella speaks at the company’s Ignite Spotlight event in Seoul on November 15, 2022. Seong Joon Cho…
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Wholesale prices fell 0.5% in December, much more than expected
Prices for wholesale goods and services fell sharply in December, another sign that inflation, although still high, is beginning to…
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Layoffs at Microsoft: big job cuts are to come
New York/London CNN — Microsoft (MSFT) could announce thousands of job cuts on Wednesday, according to multiple reports, potentially becoming…
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Credit Suisse CEO says outflows have decreased ‘very significantly’ as review progresses
Switzerland’s second largest bank, Credit Suisse, is seen here next to a Swiss flag in downtown Geneva. Fabrice Cofrini |…
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BOJ Policy Meeting: Japan Maintains Ultra-Dovish Policy, Leaves Yield Curve Targets Unchanged
hong kong CNN — The yen plunged on Wednesday after the Bank of Japan decided to maintain its ultra-loose monetary…
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Exclusive: ECB union says staff are losing faith in leadership amid inflation and wages
40% of ECB staff have little or no confidence Two-thirds say trust is damaged 63% are worried about the ECB’s…
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WA Supreme Court clears way for Albertsons’ $4 billion dividend
Through Seattle Times business reporter The Washington State Supreme Court has swept aside the final legal hurdle to a $4…
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Fund manager names 2 stocks to play semiconductor sector
Semiconductor stocks are improving after a difficult 2022. The iShares Semiconductor ETF is up 11% this year, in stark contrast…
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Bank of Japan defies market pressure and firmly maintains yield curve control
The Bank of Japan defied market pressure and left its yield curve control measures unchanged, sending the yen plunging and…
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China’s growth in 2023 largely depends on the consumer: KraneShares
The Bund in Shanghai, China on October 17, 2022. China’s gross domestic product grew 3% in 2022, less than half…
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