Union leader slams Amazon's labor practices at Senate hearing
The hearing examined whether Amazon and other companies should be barred from receiving federal contracts if they engage in anti-union activities.
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10-year Treasury yield surges as high as 3.1%, hitting highest level since 2018
10-year Treasury yield jumped back above 3% after sliding on Wednesday.
Shopify stock sinks 15% after earnings miss, $2.1 billion acquisition of logistics start-up
Shopify announced it would buy Deliverr, which provides fulfillment services for online merchants, for $2.1 billion, the largest acquisition in its history.
Worker output fell 7.5% in the first quarter, the biggest decline since 1947
Worker productivity fell to start 2022 at its fastest pace in nearly 75 years while labor costs soared.
GOP Rep. Cawthorn calls leaked nude video 'blackmail,' says he was just 'being crass with a friend'
Cawthorn in a tweet called the video "blackmail" and said it showed him "being crass with a friend" years ago.
Dead priest's niece sues Catholic University, auction house to block sale of Judy Garland 'Wizard of Oz' dress
The niece of a long-dead priest is suing to block the sale of one of Judy Garland's iconic "Wizard of Oz" frocks that was missing for decades.
Regulators propose first major revamp to fair housing rules since 1995
The changes would tailor the Community Reinvestment Act's approach to making sure banks are not engaging in "redlining."
Bill Gates questions Elon Musk's goals with Twitter: 'He could make it worse'
Bill Gates has warned that Elon Musk could make Twitter worse after the Tesla CEO pledged to buy the social media firm for $44 billion.
Tesla bull Ron Baron says Musk got an 'incredibly cheap' deal on Twitter
Baron's firm committed $100 million in equity to support Musk's takeover plans, a new filing revealed Thursday.
SpaceX adds $25 monthly fee for users to temporarily change Starlink locations
Elon Musk's SpaceX rolled out a new $25 a month fee for its Starlink internet service called "portability," adding flexibility at a cost for users.
New York City could bring back Covid mask mandate, vaccine checks if hospitals come under pressure
Health Commissioner Ashwin Vasan said the city could reinstate mask mandates and vaccine checks if hospitalizations overwhelm the health system.
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
Wednesday's rate hike will push the federal funds rate to a range of 0.75%-1%.
Here's what the Fed's half-point rate hike means for your money
The Fed announced its sharpest rate hike since 2000 to fight inflation. Here's how that impacts your credit card, mortgage, car loan, student debt and savings.
Biden touts $1.5 trillion budget deficit reduction — but he's not telling the whole story
President Joe Biden touted sizable reductions in the federal deficit in the current fiscal year as part of his administration's economic savvy.
EBay and Etsy drop on weak guidance as e-commerce crunch continues
Both of the companies gave disappointing guidance for the current quarter, sending their stocks sharply lower in extended trading.
U.S. Secretary of State Blinken tests positive for Covid, has mild symptoms
Secretary of State Antony Blinken had not seen President Joe Biden in person for several days before testing positive for the coronavirus.
Facebook plans to reduce hiring as revenue growth slows and inflation concerns increase
Facebook's parent company is pulling back on hiring midlevel or senior-level workers as advertisers reduce spending.
10-year Treasury yield dips as Powell rules out the Fed getting even more aggressive
Yields of short-dated U.S. Treasurys were moving higher on Wednesday morning.
FAA to increase Florida air traffic controllers, work with airlines to avoid more flight disruptions in state
Airlines have ramped up capacity beyond 2019 levels at several major Florida airports.
Lyft shares drop 30% on disappointing guidance
Some analysts said in notes following Lyft's earnings report that the sell-off was overblown.
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