Today's Top Story
China rolls out new measures to fix its property crisis, spur growth
China has announced fresh measures to revive its ailing property industry after the latest data showed housing prices slumped further in April Read More
Business News
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Stock market today: Dow finishes above 40,000 to cap Wall Street’s latest winning week
The Dow Jones Industrial Average finished a day above the 40,000 level for the first time as U.S. stock indexes drifted around their record heights to close their latest winning week
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Bike shops boomed early in the pandemic. It’s been a bumpy ride for most ever since
For the nation’s bicycle shops, the past few years have probably felt like the business version of the Tour de France
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After decisive loss at Alabama Mercedes plants, powerful auto union vows to return and win
A decisive vote against the United Auto Workers at two Mercedes factories in Alabama sidetracked the union's grand plan to sign up workers at nonunion plants mainly in the South
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Economic News
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After decisive loss at Alabama Mercedes plants, powerful auto union vows to return and win
A decisive vote against the United Auto Workers at two Mercedes factories in Alabama sidetracked the union's grand plan to sign up workers at nonunion plants mainly in the South
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Subway commuters in Buenos Aires see fares spike by 360% as part of austerity campaign in Argentina
Commuters in Buenos Aires are being hit by an abrupt 360% increase in subway fares
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Frontier Airlines, stuck in a money-losing slump, is dumping change fees and making other moves
Frontier Airlines is dropping those dreaded change fees, at least for some of its passengers
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Money News
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Justice Dept. makes arrests in North Korean identity theft scheme involving thousands of IT workers
The Justice Department has announced multiple arrests in a series of complex stolen identity theft cases that officials say are part of a wide-ranging scheme that generates enormous proceeds for the North Korean government, including for its weapons program
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Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target
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A timeline of the collapse at FTX
FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they are owed, two years after its monumental collapse
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