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Categories Business

December home sales slump to close out their worst year since 1995

Author January 23, 2024

Sales of previously owned homes fell 1% in December compared with November to a seasonally adjusted annualized rate of 3.78 million units,

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Categories Business

Macy’s to cut more than 2,300 jobs and close five stores

Author January 23, 2024

Macy’s on Thursday said it will cut about 3.5% of its workforce and close five of its namesake mall locations as the legacy

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Categories Business

Americans are feeling optimistic about the economy again, with some exceptions

Author admin January 21, 2024

American consumers haven’t felt this good about the direction of the economy in years. That may signal the end of what some had

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Categories Business

Wayfair to lay off 13% of workforce, affecting 1,650 employees

Author admin January 21, 2024

Wayfair is cutting 13% of its global workforce as the digital home goods retailer looks to trim down its structure, cut out layers

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Categories Business

S&P 500 hits all-time high, surpassing previous record set in 2022

Author admin January 20, 2024

The S&P 500 closed at an all-time high on Friday as investors returned to buying equities in force following a short-lived market stumble to

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Categories Business

Mass layoffs hit Sports Illustrated staff

Author admin January 20, 2024

The publisher of Sports Illustrated is laying off much of the storied magazine’s entire staff. The news, first reported by Front Office Sports,

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Categories Business

A Burt’s Bees, Hidden Valley Ranch lip balm collaboration has already sold out

Author admin January 20, 2024

If you were hoping to snatch a unique, sports bar-inspired flavor in your lip balm, you’ll now have to wait. On Wednesday,

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