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UAW’s influence tested in pivotal Alabama Mercedes-Benz factory union vote
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The outcome of a vote on Friday by workers at a Mercedes-Benz factory in Alabama will be a key referendum on whether the UAW can maintain momentum in ...
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Dow sprints past 40,000-mark on earnings boost, rate-cut bets
The Dow Jones Industrial Average breached the 40,000-point level for the first time ever on Thursday.
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US says Boeing breached 2021 737 MAX criminal prosecution deal
The Justice Department said Boeing is subject to prosecution, but the government is determining how it will proceed in this matter.
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US agency opens probe into over 200,000 Ford vehicles on fuel leak risks
The auto safety regulator said it was opening a preliminary evaluation into Ford vehicles following complaints of diesel fuel leaks that may result in...
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Wall St climbs after jobless claims data spurs rate-cut bets
The main U.S. stock indexes rose on Thursday and renewed hopes that the Federal Reserve will cut interest rates this year.
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US wholesale inventories drop by unrevised 0.4% in March
U.S. wholesale inventories fell, confirming that inventory investment was a drag on economic growth in the first quarter.
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Disney’s surprise streaming entertainment profit offset by weaker TV business
Disney's surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office.
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Warren Buffett’s fans plot their own course for when he leaves
Warren Buffett mulled his future in telling shareholders that if he were lucky, he would have another six or seven years.
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Drugmaker Amneal agrees to $270 million U.S. opioid settlement
Amneal said on Friday it had reached a deal valued at more than $270 million to resolve claims it helped fuel the deadly U.S. opioid epidemic.
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US labor market still tight; productivity falters in first quarter
The number of Americans filing new claims for unemployment benefits held steady at a low level last week.
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Fed to hold rates steady as inflation dims hopes for policy easing
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
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McDonald’s posts rare profit miss as customers turn picky
McDonald's missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked past its offers.
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Wall St edges up as Tesla and Apple gain; Fed decision awaited
Wall Street's main indexes crept higher in volatile trading on Monday as shares of Tesla and Apple advanced.
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Wall St rises as Big Tech charges higher
Alphabet jumped 10.8% to a record high after the Google-parent announced its first-ever dividend.
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US economic growth slows in first quarter; inflation surges
he U.S. economy grew at its slowest pace in nearly two years as a jump in imports to meet still-strong consumer spending widened the trade deficit.
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Boeing reports first revenue drop in 7 quarters as deliveries decline
The U.S. planemaker beat Wall Street expectations that were lowered after a January mid-air blowout of a cabin door.
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PepsiCo’s results beat as international demand, higher prices drive growth
International business accounted for about 40% of PepsiCo's fiscal 2023 revenue, while its North America businesses accounted for the remaining.
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Wall St gains after Friday sell-off, Mideast tensions subside
Some megacap growth stocks edged higher in early trading, with Meta Platforms, Amazon.com and Apple up between 0.6% and 1.5%.
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GM and Ford count on gas-powered trucks as EV growth slows
GM and Ford face a challenge in common when explaining to investors where profit growth will come from.
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What to expect in 2024: Forecasts for GDP, inflation and other assets
Global growth will likely slow this year and major central banks across the globe have indicated interest rate cuts this year.
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Wall St gains from megacaps thrust; earnings, Fed comments on tap
Wall Street's main indexes rose on Wednesday, boosted by megacap growth stocks and as corporate results rolled in.
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