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NewYork Business News

Oil Prices at Crossroads: OPEC+ Takes Measures to Balance Supply Amid Global Economic Concerns

OPEC and its allies, collectively known as OPEC+, have decided to implement additional measures to stabilize crude oil prices. In
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Business

Smooth Sailing or Turbulence? An Inside Look at Thanksgiving Travel 2023

As Thanksgiving approaches, the rush of holiday travelers is gaining momentum, with an estimated 2.7 million people set to embark
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NewYork Business News

Labor Tensions Brewing: Starbucks Employees Stage Massive Walkout

Starbucks faced a significant workforce challenge on one of its busiest days of the year as more than 200 U.S.
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Business

IMF Cautions Europe: Don’t Celebrate Inflation Victory Too Soon

The European Central Bank and policymakers in Europe have received a cautionary message from the International Monetary Fund (IMF) regarding
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Business

Disney Takes Full Control of Hulu in $8.6 Billion Deal

In a significant move in the ever-evolving streaming industry, The Walt Disney Company has announced its plan to acquire the
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NewYork Business News

Google’s “Grandpa” Status: Tech Giant’s Antitrust Defense and the Challenge of Staying Relevant

In the midst of its landmark antitrust trial, Google’s senior vice president for knowledge and information products, Prabhakar Raghavan, has
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NewYork Business News

Global Markets React to Heightened Geopolitical Tensions in Gaza

Global markets faced a significant downturn today, with Asian shares sinking and oil prices slipping, as investors brace for a
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NewYork Business News

US Inflation Eases: Fed Signals No Immediate Rate Hike

US Inflation Eases as Fed Signals No Immediate Rate Hike In the United States, inflation appears to have moderated once
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Inflation
NewYork Business News

Riding the Economic Bike: ADP Economist on Inflation and Labor Market Dynamics

Inflation Remains a Persistent Risk in the U.S. Economy, Says ADP Chief Economist Recent economic data is raising concerns about
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NewYork Business News

Understanding the Surge in Oil Prices: Causes, Predictions, and Implications

The recent surge in oil prices is having far-reaching consequences, impacting not only the wallets of drivers at the pump
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NewYork Business News

Federal Reserve’s Delicate Dance: Navigating Inflation and Economic Stability

The Federal Reserve is facing a critical decision as it concludes its latest policy meeting, with the central bank poised
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NewYork Business News

The Rise of Arm Holdings: A Chip Designer’s Remarkable IPO

Arm Holdings Soars in Record-Breaking IPO Arm Holdings, the renowned U.K.-based chip designer, made waves in the stock market with
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NewYork Business News

David Solomon’s Dinner Diplomacy: Can Charm Save His Reputation at Goldman Sachs?

David Solomon, the CEO of Goldman Sachs, is embarking on a strategic charm offensive to salvage his tarnished reputation in
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NewYork Business News

Aldi’s Strategic Expansion: Acquisition of 400 Winn-Dixie and Harvey’s Supermarkets

Aldi Embarks on Bold Expansion with Acquisition of 400 Winn-Dixie and Harveys Supermarkets In a strategic move to fortify its
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NewYork Business News

Product Safety in Question: Trader Joe’s Recalls Multigrain Crackers Amid Metal Scare

Trader Joe’s, a well-known grocery store chain, has found itself in the midst of yet another product recall – this
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