People walk by a CVS Pharmacy store in the Manhattan borough of New York City. Shannon Stapleton | Reuters CVS Health said Friday that it fired several employees, including executives, following an internal investigation into how the company handled sexual harassment complaints. The company also said it will shake up how it handles similar complaints […]
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Gas is over $6 a gallon at this NJ station. How do you know when it’s price gouging?New Jersey broke a record for the highest gas prices ever on Sunday at $4.09 for a gallon of regular and prices continued increasing daily since then. But there are gas prices in the state that are much higher, leading drivers to wonder if they’re being gouged. What could be the highest price in the […]
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Could Middle East nations come to the rescue as the Ukraine war drives up oil prices?OPEC+ is a group of 23 oil producing countries, including Russia, that coordinates oil policies which have a role in determining prices on the market. Western nations have placed sanctions on Moscow’s energy exports in response to its invasion of Ukraine. That could lead Russia’s seaborne oil exports to shrink to a third of their […]
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Deutsche Bank rebuked over remaining in Russia as others quitDeutsche CEO says in Russia to serve multinational customers Deutsche CEO says exit ‘would go against our values’ Investors criticizes Deutsche’s Russia presence Deutsche Bank has said monitoring situation, may adapt CEO’s 2021 pay up 20% FRANKFURT, March 11 (Reuters) – Deutsche Bank (DBKGn.DE) faced stinging criticism from some investors and politicians on Friday for […]
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The US dollar could go digital. Here’s what you need to knowChina, the world’s second-largest economy by gross domestic product, soft-launched its digital renminbi in January and the CBDC already boasts more than a hundred million users. All told, around 100 countries are exploring CBDCs at one level or another, International Monetary Fund managing director Kristalina Georgieva said during remarks at the Atlantic Council think tank […]
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US Stocks Mixed After Putin Claims Progress in Ukraine TalksUS stocks wobbled Friday and oil prices advanced, extending a volatile stretch for markets as investors assessed developments from the war in Ukraine. The blue-chip Dow Jones Industrial Average rose 205 points, gold 0.6%, in morning trading. The S&P 500 was up about 0.1%, while the Nasdaq Composite fell 0.6%. Stock futures had turned solidly […]
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Meet the company that lets you work remotely from anywhere in the worldSevdha Thompson, digital producer of marketing for Coalition Technologies, spent a few weeks working in Costa Rica last year. Courtesy: Sevdha Thompson Millions of Americans are quitting their jobs and rethinking what they want when it comes to work and work-life balance. Companies are responding, meeting their employees’ needs in areas like remote work, flexible […]
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Why are gas prices so high – and when might they come down?Gas prices are hitting record highs almost daily, causing financial pain at the pump for millions of Americans. But it’s also spurring questions about why fuel is so expensive — and who’s to blame. Consumers are also wondering when they might see some relief. Not surprisingly, soaring gas prices are having a very real impact […]
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US Stocks Open Higher After Putin Cites Progress in Ukraine TalksUS stocks opened higher Friday and oil prices advanced, extending a volatile stretch for markets as investors assessed developments from the war in Ukraine. The Dow Jones Industrial Average rose 268 points, or 0.8%, shortly after the opening bell. The S&P 500 added 0.7% and the Nasdaq Composite climbed 0.8%. Stock futures had turned solidly […]
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Premarket stocks: Risk of a US recession as high as 35%, Goldman Sachs saysWhat’s happening: Goldman Sachs has downgraded its forecast for US economic growth in 2022. It now sees little to no growth during the first three months of the year. Goldman’s economists, led by Jan Hatzius, said the chance of a recession in the United States over the next year has risen as high as 35%. […]
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