Economy News

Bill Gates ranked richest American by Forbes

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Microsoft co-founder Bill Gates topped Forbes’ latest list of the 400 richest Americans for the 21st straight year…

US Home sales holding back in fall

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US Home sales holding back in fall…

Gas prices falling, headed below $3 in much of US

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The price of a gallon of gasoline may soon start with a “2” across much the country…

Wal-Mart to increase holiday hiring by 10%

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Wal-Mart Stores Inc. says it plans to hire 60,000 temporary holiday workers for the crucial holiday season…

Sony forecasts $2B loss as smartphones lag

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Sony expects its annual loss to swell to $2 billion and has canceled dividends for the first time in more than half a century…

Will Apple’s digital wallet kill the card swipe?

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Apple wants the plastic credit card to become as rare as the paper check…

California mandates sick days for workers

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California will require most employers to provide millions of workers with up to three sick days each year…

Alibaba seeks to raise up to $24.3B in IPO record

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China’s Alibaba Group is seeking to raise up to $24.3 billion in its upcoming IPO…

Malaysia Airlines cuts 6,000 jobs

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Malaysia Airlines has cut 6,000 jobs as part of a wide-ranging overhaul that follows the loss of two aircraft earlier this year…

Labor Day gas prices lowest since 2010

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Motorists have something to celebrate this Labor Day weekend. Gasoline prices will be at their lowest levels since 2010…