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U.S. unit labor costs rose sharply in the third quarter, while productivity declined at its fastest pace since 1960, adding to signs of persistently high... [Read More]
British drugmaker GlaxoSmithKline said early-stage lab data shows its COVID-19 monoclonal antibody treatment, jointly developed with U.S. partner Vir Biotechnology, is effective against all mutations... [Read More]
Instagram said it has ramped up teen safety measures in its popular photo-sharing app, following reports that it was aware of the app's harm to... [Read More]
China's central bank has announced it will cut the amount of cash that banks must hold in reserve, unlocking $188 billion in long-term liquidity to... [Read More]
A 48-member panel of business economists has sharply raised its expectations for inflation compared to its September forecast. [Read More]
Longer-dated U.S. Treasury yields rebounded and futures contracts on two of Wall Street's major stock indexes edged up in early trading Monday. [Read More]
The Sixth Circuit Court has denied the federal government's motion to transfer the Occupational Safety and Health Administration (OSHA) vaccine-or-test requirement lawsuit to a different... [Read More]
The Department of Justice (DOJ) is reviewing the so-called "Alternative Mueller Report" mentioned in a book by Andrew Weissmann, one of former special counsel Rober... [Read More]
Bitcoin and other cryptocurrencies fell sharply on Dec. 4, in another sign that Omicron uncertainty, concerns about surging inflation, and firming expectations that the Fed... [Read More]
Researchers said in a newly published preliminary study that one of Omicron's dozens of mutations likely arose when the variant picked up a bit of... [Read More]
U.S. employers added a paltry 210,000 jobs in November, sharply below consensus forecasts of 550,000 and more than half as many as in October, though... [Read More]
A new study from the New York Federal Reserve examining the impact of extreme weather events on bank financial stability throws cold water on the... [Read More]
The number of workers applying for unemployment benefits in the United States rose last week after hitting a level not seen in over 50 years... [Read More]
The Biden administration is ramping up restrictions for travelers to and within the United States, requiring more stringent testing protocols and extending the existing mask... [Read More]
Federal Reserve Bank of Cleveland President Loretta Mester told Bloomberg she is open to a faster timetable for dialing back the Fed's asset purchases to... [Read More]
The European Union has rolled out a plan to invest hundreds of billions of dollars in global infrastructure projects under the "Global Gateway" program, seen... [Read More]
Oil prices have plunged around $15 a barrel over the past month but gasoline prices have inched down by just a penny. [Read More]
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