Finance
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At Davos, European Distress Over a ‘Made in America’ Law
The U.S. Inflation Reduction Act stirred talk of a trade war, but also proposals for a similar E.U. initiative to…
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The Young Founder Who Fooled JPMorgan, According to JPMorgan
When JPMorgan Chase paid $175 million to acquire a college financial planning company called Frank in September 2021, it heralded…
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Justice Department Investigating Troubled Infant Formula Plant
Abbott shut down production at the plant last year amid “shocking” sanitation lapses, touching off a disruptive infant supply formula…
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Layoffs at Tech Giants Reverse Small Part of Pandemic Hiring Spree
Some of the biggest tech companies have announced tens of thousands of job cuts. But even after the layoffs, their…
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Who wants to live forever?
Countries and companies are facing an aging crisis, and experts say policymakers and business leaders need to rethink how they…
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Vice, a Beleaguered Avatar of New Media, Hangs a ‘For Sale’ Sign
Vice, which has struggled to achieve profitability in recent years, has formed a special committee to find suitors.
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Tech Layoffs Shock Young Workers. The Older People? Not So Much.
The industry’s recent job cuts have been an awakening for a generation of workers who have never experienced a cyclical…
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Vox Media to Cut 7 Percent of Workers
The company, which publishes New York magazine, The Verge and numerous other brands, joins a parade of tech and media…
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Savings Accounts for Disabled People Are Opened to More of Them
Only those who became disabled by age 26 have been eligible for ABLE accounts. But Congress raised the age to…
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Rate Increases Have a ‘Ways to Go,’ a Top Fed Official Says
John C. Williams, the president of the Federal Reserve Bank of New York, said central bankers must “keep moving” in…