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Business | New York Post
Business | New York Post
Worker shortage threatening to derail US economic recovery: experts
Small and big businesses alike are struggling to hire workers nationwide — and experts say the problem is putting a damper on the US economy’s recovery. Starting next week, workers at more than 600 Sheetz convenience stores stretching from Pennsylvania to North Carolina will be earning as much as $18.50 an hour — $4 an...
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CryptoPunks NFTs sell at Christie’s for $17M, double expectations
CryptoPunks were one of the earliest NFT projects and have risen in value as collector’s items.
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Amazon wins EU court fight over $300 million tax bill
A court annulled a ruling by the European Commission that a tax deal between Amazon and Luxembourg’s government amounted to illegal state support.
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Tesla stock falls after Elon Musk tweets self-driving rollout may take months
Tesla boss Elon Musk said that Tesla is tweaking its self-driving software to “eliminate the phantom braking problem” and may release a significantly improved version within the next two to three weeks. Tesla shares fell 2.7 percent to $600.42 in morning trade, headed for a third straight decline. US federal and state regulators have been scrutinizing Tesla’s semi-automated driving system...
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US consumer prices surge 4.2 percent in April, biggest jump since 2008
The Labor Department reported its consumer-price index, which measures a basket of goods as well as energy and housing costs, jumped 4.2 percent in April from a year earlier. That’s the biggest 12-month jump since the summer of 2008.
US casinos raked in $11B in first quarter to match best-ever ‘win’
Figures released Tuesday by the American Gaming Association, the casino industry’s national trade group, show the nation’s commercial casinos took in over $11.1 billion in the first quarter of this year. America’s commercial casinos matched their best quarter ever in the first three months of this year, as customers continued returning amid the COVID-19 pandemic...
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Stocks hammered as sell off moves from tech to other sectors
Investors pulled back on stocks Tuesday as a sell off that began in tech companies broadened to other sectors, sending the major US indices down.
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Victoria’s Secret to become a publicly traded company as business rebounds
Victoria’s Secret is getting spun off by its owner into a separate, publicly traded company as its once-battered business has bounced back during the pandemic.
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