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Business News

Prosecutors seek bail revocation for FTX founder Sam Bankman-Fried

Mint Images/Getty Images(NEW YORK) -- Disgraced crypto executive Sam Bankman-Fried deserves to have his bail revoked and to be detained…

1 year ago

What buyers are doing to win a home in a competitive real estate market

Courtesy Dylan McCarty(NEW JERSEY)-- The lack of available homes on the market is near historic lows, sparking fierce bidding wars…

1 year ago

CVS to lay off 5,000 employees in push to shed costs

Bill Varie/Getty Images (NEW YORK) -- CVS Health is laying off 5,000 employees as part of an effort to shed…

1 year ago

Interest rates are at a 22-year high. Here’s what that means for your finances.

IronHeart/Getty Images(NEW YORK) -- The Federal Reserve raised interest rates to a 22-year high this week -- a milestone that…

1 year ago

Anheuser-Busch to lay off hundreds of workers after Bud Light boycott hammers sales

RiverNorthPhotography/Getty Images(NEW YORK) -- Anheuser-Busch plans to lay off hundreds of corporate employees, a company spokesperson told ABC News on…

1 year ago

US economic growth accelerated in second quarter, exceeding expectations and rebuking recession fears

Javier Ghersi/Getty Images(NEW YORK) -- U.S. economic growth accelerated over three months ending in June, blowing past economist expectations and…

1 year ago

In an airline first, Braille coming to all United planes by 2026

United Airlines(NEW YORK) -- United Airlines announced Thursday that it is the first U.S. airline to add Braille to its…

1 year ago

US economy expected to have grown, dispelling recession fears

Javier Ghersi/Getty Images(NEW YORK) -- Fears of a recession have cast a thundercloud over the economy for many months but…

1 year ago

US economy expected to have grown but slowed, dispelling recession fears

Javier Ghersi/Getty Images(NEW YORK) -- Fears of a recession have cast a thundercloud over the economy for many months but…

1 year ago

Recession not in the latest Fed staff forecast: Federal Reserve Chair

Alex Wong/Getty Images(WASHINGTON) -- U.S. Federal Reserve Chair Jerome Powell told reporters Wednesday that the Fed staff no longer forecasts a…

1 year ago