Layoffs will be hitting 25% of employees across the Showtime, MTV Entertainment Studios and Paramount Media Networks groups in the U.S. Tuesday, following months of…
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Business
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It’s time to step to the sidelines on Anheuser-Busch InBev as it deals with a “Bud Light crisis,” according to HSBC. Analyst Carlos Laboy…
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Consumer prices climbed 4.9% in April — the first time annual inflation has landed below 5% in two years. On a monthly…
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Worries about money are taking a toll on Americans, leading to some negative impacts on their mental health. That’s according to a…
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Tempur Sealy International said on Tuesday it would buy retailer Mattress Firm in a cash-and-stock deal valued at about $4 billion, as the…
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Consumers who recently filed tax returns with TurboTax but were eligible for the Internal Revenue Service’s Free File program will soon start…
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Business
Flush with cash, the IRS is offering a more accurate picture of when the U.S. will hit debt ceiling
That big infusion of cash that Congress approved last year to shape up the beleaguered IRS is having an unexpected side benefit. The funding increase has…
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Congress and the White House barrel toward a June 1 deadline to resolve a debate over the debt ceiling, putting the credit…
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Job growth fared better than expected in April despite bank turmoil and a decelerating economy, the Labor Department reported Friday. Nonfarm payrolls…
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Business
Warren Buffett says bank runs would have been ‘catastrophic’ without government intervention
Warren Buffett, chairman and CEO of Berkshire Hathaway, praised the government’s intervention in recent bank failures, saying on Saturday it averted what…