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More Companies Than Ever Are Sharing How Much Jobs Pay

California becomes the latest state to join a quickly growing nationwide salary transparency movement. In November, a similar rule in New York City will go into effect followed by another in...

GDP update, Porsche IPO and more: Thursday's 5 things to know

The Commerce Department will release its final estimate of 2Q GDP on Friday. The economy is expected to have grown by 0.3% in the second quarter. The U.S. is the world's second largest economy...

China's yuan hovers near record lows against the dollar despite central bank warning

The yuan — also known as the renminbi —has been declining for months despite interventions by China’s central bank. The offshore yuan—which trades overseas—plunged to a record low of 7.2674 on...

Amazon to raise average hourly pay in October

The move comes ahead of a Prime Day-like event in October. Warehouse and transportation workers would earn between $16 and $26 an hour. The minimum wage at Amazon will remain $15 an hour, the...

Stocks Bounce After All Hope Is Gone

Even in this overwhelmingly bearish environment, seven down days was a little too much and a bounce was inevitable. As bad as things feel near the lows, maybe we really are finally running out of...

Stocks Rally As Rates Plunge

Stocks jumped yesterday after the Bank of England noted it would help to stabilize the British bond market. How far rates fall in the US is yet to be seen, as the UK bond buying operation will...

Trump back on Forbes 400; new estimate reveals his net worth

Donald Trump's net worth jumped by $700 million to a six-year high of $3.2 billion. Trump is now ranked the No. 343 richest person in the country, according to Forbes. "There’s a lot of...

How Amazon Dominates Smart Home and Why It Wants to Buy iRobot

: Porsche shares edge higher in Germany’s largest IPO in decades

VW is planning to distribute 49% of the proceeds in a special dividend, and set a December meeting to put the proposal to a shareholder vote. Shares in luxury vehicle maker Porsche edged higher in...

Porsche shares rise in Frankfurt market debut

The original range for the non-voting preferred shares was set between 76.50 euros and 82.50 euros in a prospectus released Sept. 19.

'If you want to live, surrender,' Zelenskyy tells Russian conscripts sent to Ukraine; Moscow faces more sanctions...

Russia faces more sanctions after sham referendums in Ukraine. The vote was widely seen as rigged and many irregular voting practices reported. The EU is expected to announce more sanctions in the...

Cerebral Treated a 17-Year-Old Without Parents' Consent. They Found Out the Day He Died

Cerebral had software that could verify customer IDs but didn't use it to check birth dates. The policy resulted in some minors being treated without parental consent. The company used software to...

Experimental Alzheimer's Drug Succeeds in Large Trial, but Questions Remain

The drug is designed to slow cognitive decline in patients with Alzheimer's disease. It's being developed by the same company that developed the drug used to treat Alzheimer's patients in the U.S....

Dow Jones Newswires: H&M profit drops after Russia exit costs

Hennes & Mauritz AB says it will start a cost and efficiency program. Sales were SEK57.45 billion compared with SEK55.59 billion a year earlier. The company said it has booked a one-time cost of...

: How to save $50,000 over your lifetime

People with "very good" credit scores could avoid nearly $50,000 in extra borrowing costs for a mortgage, credit card, car loan and personal loan that people with "fair" credit would have to pay....

McDonald's is selling Happy Meals to adults

McDonald's is bringing back its family of recognizable figurines in a new adult Happy Meal. Beginning October 3, customers can order a Cactus Plant Flea Market Box. The food will be served in a...

Dow Jones Newswires: Next cuts profit, sales guidance amid waning consumer confidence

Next PLC reported a better-than-expected pretax profit increase for the first half of fiscal 2023. The fashion retailer reduced its sales guidance for the rest of the current fiscal year to minus...

How the United States is exporting inflation to other countries

The Federal Reserve is laser-focused on stemming price increases in the United States. But countries thousands of miles away are reeling from its hardball campaign to strangle inflation. “We’re...

Dow Jones Newswires: Chinese EV maker Leapmotor skids in Hong Kong debut

Shares of Zhejiang Leapmotor Technology Co. dived in their Hong Kong debut. The Chinese electric-car maker raised US$772 million in net proceeds during a tough time for public offerings. The stock...

Jeff Bezos' Ex MacKenzie Scott Files for Divorce From Second Husband Dan Jewett

MacKenzie filed for divorce from Dan on Sept. 26, per court documents obtained by E! News. The pair share a written separation contract which MacKenzie is asking the court to uphold in their...

Stanley Druckenmiller sees high chance of recession in 2023: 'We are in deep trouble'

Legendary investor Stanley Druckenmiller sees the Federal Reserve triggering a recession with its inflation fighting policy. He warns that financial markets could stagnate for a decade as a...

Dow Jones Newswires: Onewo Inc. makes weak public debut in Hong Kong

Onewo Inc. shares opened 7.6% lower at 45.60 Hong Kong dollars a share on Thursday. The stock was recently down 7.1% at HK$45.85. Global IPO volumes have been tepid this year as rising interest...

Developing Countries Face Stiff Economic Headwinds, World Bank Chief Says

World Bank chief David Malpass: Developing nations face challenging near-term outlook. Malpass says sharp slowdown in global growth raises risks of a prolonged recession. High food, fertilizer and...

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