BUSINESS
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Blackstone exec says elite Ivy League degrees aren’t good enough—new analysts need to ‘work harder’ and be nice
A top Blackstone executive says that elite degrees will only get you so far—people with qualities like strong work ethic,…
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Tylenol maker’s stock lost billions after a rumor linking the medicine to autism. Wall Street says buy the dip as one bank sees a ‘major overreaction’
This week, Kenvue, the consumer health spin-off from Johnson & Johnson, found itself at the epicenter of a market tempest…
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The Fed got it wrong and is late again, top economist says, as job gains collapse
Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now that the economy is…
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McDonald’s CEO is grappling with a ‘two-tier economy’ as he slashes prices on value meals
McDonald’s is banking on burgers and fries to tell a bigger story about the American economy. Chief Executive Chris Kempczinski…
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Social Security and Medicare cuts are coming because the bond market will force Congress: economist
Lawmakers have known for decades that U.S. entitlement programs are on unsustainable paths as demographics inevitably skew the population older.…
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Lamborghini CEO warns tariffs have even forced its wealthiest consumers—who have an average of 5 cars in their garage—to waver on buying a new ride
President Donald Trump’s tariff instability is putting the economy on hold, and even Lamborghini’s deep-pocketed customers aren’t immune. CEO Stephan…
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The emperor strikes back—but Trump’s revenge and deflection aren’t public protection
Deflection is not protection, unless you are President Trump, desperate to divert national attention away from your own failures and…
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Cracker Barrel’s first rebrand in nearly 50 years backfired. The company’s stock lost nearly $100 million after introducing a more minimalist look
One Americana brand isn’t getting the barrel-of-monkeys response they were hoping for when launching their new logo this week. Cracker…
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MAHA is reshaping Amazon and other consumer packaged goods companies’ supply chains more than tariffs right now
U.S. consumer packaged goods (CPG) giants are racing to get ahead of President Donald Trump’s Make America Healthy Again movement.…
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Trump’s tax cut could mean a nearly half-trillion-dollar cut to Medicare starting in 2027, CBO warns
The federal budget deficits caused by President Donald Trump’s tax and spending law could trigger automatic cuts to Medicare if Congress does…
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