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Business

August jobs report is mixed, but a pleasant surprise on wages

by Mitchell Hartman
Sep 6, 2024
Job creation numbers were just OK, but average hourly earnings rose 3.8% year over year, more than economists expected.
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Some small businesses put hiring on back burner as labor market cools

by Justin Ho
Sep 5, 2024
More workers are available, but the need for personnel doesn't seem as pressing as it was two years ago.
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Striking hotel workers want a return to daily room cleaning

by Stephanie Hughes
Sep 3, 2024
During the pandemic, some hotels cut back on services like housekeeping. Workers on strike say it’s time to bring them back.
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A new boon for the music biz: buying up old song catalogs

by Kimberly Adams and Sofia Terenzio
Sep 2, 2024
Digital media has provided lucrative new ways to exploit music copyrights, as Ashley Carman of Bloomberg explains.
Music streaming has made catalog acquisitions more lucrative for publishers, says Ashley Carman at Bloomberg.
Riccardo Milani/Hans Lucas/AFP via Getty Images
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How do corporate tax rate changes affect the economy?

by Sabri Ben-Achour
Aug 30, 2024
Corporate tax policy is a big election issue, partly because those taxes can be a key source of revenue for the government.
“Raising the corporate tax rate can reduce investment, or reducing the corporate tax rate can increase investment,” says Kyle Pomerleau, senior fellow at the American Enterprise Institute.
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Businesses' investment in new equipment helped boost GDP

by Mitchell Hartman
Aug 29, 2024
The real gross domestic product for the second quarter was even stronger than previously thought.
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What this earnings season says about the wider economy

by Sabri Ben-Achour
Aug 8, 2024
Roughly 30% more companies made predictions that were rosier than analysts expected, according to a Bank of America analysis.
The view from the corporate boardroom is the economy is going to be OK.
Spencer Platt/Getty Images
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Inflation's way down, but consumers still flinch at high prices, Fed observes

by Elizabeth Trovall
Jul 18, 2024
Price-sensitive shoppers are buying fewer or lower-quality items and retailers are offering discounts, according to the Beige Book.
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What does it mean for the economy when businesses grow their inventories?

by Caleigh Wells
Jul 17, 2024
It all depends on why they're doing it.
Business inventories are on the rise, but stocked shelves may have long-term effects on the economy.
Joe Raedle/Getty Images
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What if your deepfake was circulating halfway across the world in China?

by Jennifer Pak and Charles Zhang
Jun 21, 2024
Deepfakes of foreigners have been cropping up more frequently on Chinese social media.
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