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US Treasury Department sanctions former president of Haiti
Michel Joseph Martelly was sanctioned yesterday by the US Department of Treasury’s Office of Foreign Assets Control for participating in...
Elon Musk snarks at Kamala Harris’ tax policy proposals on X
Elon Musk snarked that Kamala Harris’ tax policies would lead to “bread lines and ugly shoes,” in response to proposals...
Datacenter and crypto electricity use skyrocketing
Datacenters and crypto currencies will account for 3.5% of all the world’s energy consumption by 2027 in a baseline scenario...
US Bureau of Labor: Unemployment rises in 13 states, stable in 36
Unemployment rose in 13 states in July, was stable in 36 and fell in one this July, according to the...
Icahn fined by SEC over failure to disclose loans
Billionair investor Charles Icahn racked up a $1.5 million fine plus an additional $500,000 in civil penalties after running awry...
CEOs out-earned workers by nearly 200 times last year
The median pay package for CEOs who run companies in the S&P 500 increased 12.6% last year to $16.3 million,...
T-Mobile spends $4.4B to acquire majority of U.S. Cellular
In an effort to improve wireless connection in underserved, rural parts of America, T-Mobile announced that it will purchase almost...
As vaccine demand drops, Pfizer looks to cut costs
In a filing with the U.S. Securities and Exchange Commission, Pfizer shared its multi-year plans to reduce costs on goods...
Target earnings drop as consumers pull back on unnecessary purchases
Sales have dropped at Target for the fourth consecutive quarter, the retailer reported on Wednesday, with the most recent quarter...
In a signal of the economy’s health, the Dow tops 40,000 points for the first time
For the first time in history, the Dow Jones Industrial Average surpassed 40,000 points on Thursday, a mark of a...
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