Author: super@dmin
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: Wayfair to lay off more than 1,000 workers: report
Online furniture retailer Wayfair is preparing to lay off more than 1,000 workers, the Wall Street Journal reported on Thursday.
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: Reed Hastings to step down as Netflix co-CEO, stock leaps as subscriber additions beat expectations
Netflix Inc. added more subscribers than expected in the final quarter of 2022, sending shares higher in late trading Thursday even as founder Reed Hastings prepared to step down from the chief-executive role he has maintained since the company’s inception.
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Economic Report: Mortgage rates fall to lowest level since September 2022 — giving ‘much-needed boost’ to housing market
The 30-year mortgage rate is averaging at 6.15%, Freddie Mac said in its latest weekly survey on Thursday.
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Lawrence G. McMillan: Any way you slice it, the bears control the stock market right now
New highs vs. new lows indicator gives a buy signal, but watch the VIX.
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: Yellen’s Treasury Dept. halts two federal retirement funds after government hits debt limit
Investments in two federal retirement funds will be suspended as part of ‘extraordinary measures’
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The Moneyist: ‘I have $30K in my savings account’: I’m 56, divorced, unemployed and mother to 4 adult children. I invented products that will cost $20K to bring to market. Should I use my savings?
‘The past 20-something years were nothing short of rough’
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: Genius Group stock rallies more than 200% after it appoints former F.B.I. director to investigate alleged naked short selling
Singapore-based Genius Group, which aims to educate entrepreneurs, went public in 2002. Then things got weird.
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Key Words: U.S. labor secretary, in Davos, calls for ‘serious’ dialogue between business and labor
‘Leadership is needed now’
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The Margin: What will happen to Alec Baldwin? A veteran criminal attorney weighs in.
Could Alec Baldwin be looking at jail time?
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Market Extra: Foreign investors flock back to Chinese stocks now economy is reopening after lifting of Covid restrictions
Global funds are marching back into Chinese equities in full force as the country’s rapid reopening and the likelihood of policy stimulus to rescue economic growth have improved the gloomy backdrop for stocks in 2023.