Business
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Amazon Overtakes Walmart as World’s Largest Company by Revenue
Amazon has officially dethroned Walmart to claim the top position on the Fortune Global 500 rankings, marking a historic shift…
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US Mortgage Rates Reach One-Year High as 30-Year Fixed Climbs to 6.66%
U.S. residential borrowing costs climbed to their highest level in a year this week, driven by increases across major benchmark…
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AI Is Compressing Wages for Millions of US Workers, Apollo Study Finds
Artificial intelligence is driving a subtle restructuring of the labor market marked by stagnant paychecks rather than widespread layoffs. According…
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Federal Regulators Target Marketplace Brokers in Multi-Billion Dollar Healthcare Fraud Sweep
Federal health officials have issued enforcement notices to 100 insurance brokers operating within the Affordable Care Act marketplace, signaling a…
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Bank of England Holds Interest Rate at 3.75% Amid Middle East Energy Shock and Hawkish Dissent
The Bank of England maintained its benchmark interest rate at 3.75% on Thursday, marking the fifth consecutive meeting in which…
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Tech Rally Led by Microsoft Restores Wall Street Momentum as AI Capex Concerns Split Mega-Caps
U.S. equity markets mounted a robust recovery on Thursday, propelled by a sharp post-earnings rally in Microsoft that helped calm…
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Lettuce Outbreak and Skyrocketing Costs Pressure US Restaurant Chains
A multi-state foodborne illness outbreak and surging produce costs are hammering American restaurant operators, leaving major fast-food giants and salad…
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Ancient Craft Meets Digital Precision as Centuries-Old Austrian Foundry Navigates Soaring Metal Prices
In the Tyrolean capital of Innsbruck, a metallurgical tradition dating back to the late Renaissance is fighting to maintain its…
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Noma Reboots Operations in Copenhagen After Misconduct Scandal
Copenhagen fine-dining flagship Noma is attempting a comprehensive operational restart following severe misconduct allegations that led co-founder Redzepi to step…
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Emerging AI Wealth Directs Millions to Industrial Animal Welfare Organizations
As artificial intelligence labs like OpenAI and Anthropic approach anticipated initial public offerings, a distinct financial pipeline is forming between…
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