Amid rising inflation and high interest rates, credit card usage soared between April and June, leaving credit users wondering what they can do to improve their credit scores. With the threat of a recession in the near future prompting people to put aside money and prepare for a rough economic period, those who are still recovering from the pandemic and reliant on credit are particularly vulner…
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As sales of appetite-suppressing drugs such as Ozempic and Mounjaro skyrocket, Corporate America is grappling with the question: How does a less-hungry, less-impulse-prone consumer affect my business model?
Companies from Walmart Inc. to Conagra Brands Inc. are weighing how much to factor the diabetes drugs known as GLP-1s, increasingly being used for weight loss, into t…
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In the fall of 2010, eight college sophomores at Sarah Lawrence College were excited to move in together at Slonim Woods Building 9, where each person had a single room. For Talia, Max, Dan, Gabe, Claudia, Juli Ana, Santos, and Isabella (and their friend Raven, who was dating Dan), it was a first real taste of independence.
Talia’s father, Larry Ray (born Lawrence Grecco), was about…
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It was a crowded year for companies entering public markets, with 980 businesses going public in 2021—more than double the number that did so in 2020. The most successful of these debuts shine a light on the strengths of the global economy.
Asian businesses remain on the rise, all while combating a rocky regulatory environment. Companies that focus on delivering products to consumer…
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The long history of road warriors adding vacation days before or after a business trip, initially a response to the old airline pricing practice of marking up midweek round trips, is getting a fresh look thanks to the widespread acceptance of remote work.
High inflation that has driven airline fares up by 18% over the past year are also a big driver, according to Suzanne Neufang, CEO of t…
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A truck driver whose body was found by cleaning crews along I-65 in Indiana, allegedly murdered by his co-driver, was working for CRST, an Iowa-based national trucking company with a history of labor complaints, the Indiana State Police have confirmed.
Aristedes Garcia, 63, had been bound for Cedar Rapids, Iowa, the home base of CRST, alongside a co-driver, Miguel Ibarguren. When his fam…
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Crypto markets are in freefall this month—and their struggles have been gravely exacerbated by the demise of a $60 billion project that critics are calling a Ponzi scheme.
The project in question is TerraUSD (UST), a stablecoin pegged to the U.S. dollar that its supporters hoped would upend traditional payment systems across the world. But it was wiped out in the span of days when …
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Here in the U.S., we hear a lot about how legacy automakers are racing to catch up to Tesla and capture a piece of the growing electric vehicle market. Tesla has a head start, but GM, Ford, and Stellantis have poured billions into their respective efforts to catch up.
In the glob…
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The World Economic Forum may be returning to its long-standing ritual of meeting in Davos, Switzerland, in January, but—even as the pandemic ebbs—this is still a time of remarkable upheaval. WEF founder Klaus Schwab sat down in New York City with TIME’s editor-in-chief Edward Felsenthal to discuss what’s ahead for Davos and the global econo…
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