Investing
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Some auto insurers are refusing to cover certain Hyundai and Kia models
Progressive and State Farm, two of America’s largest auto insurers, are refusing to write policies in certain cities for some…
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GOP-led states sue Biden administration to block ESG investment rule
A coalition of Republican-led states is suing the US Labor Department to block an imminent rule change that will allow…
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Do you have money tied up in FTX? Share your story
Before its collapse at the end of 2022, FTX was one of the biggest names in crypto. It boasted endorsements…
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Pending home sales increased last month for the first time since May
Pending home sales increased in December for the first time since May, a sign that lower mortgage rates are bringing…
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Goldman Sachs CEO got 30% pay cut – but still made $25 million
Goldman Sachs had a rough year in 2022. And CEO David Solomon was punished for that. Sort of. The investment…
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Consumers say they’re feeling better about the economy. But they’re still planning for a recession
For the second month in a row, consumers said they are feeling better about the economy. The University of Michigan’s…
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CVS and Walmart cut pharmacy hours, close some locations earlier, citing staffing shortage
An apparent shortage of pharmacists is forcing CVS and Walmart to reduce the hours of its pharmacies, as they close…
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Gautam Adani’s business loses $50 billion in market value after short seller report
The value of Gautam Adani’s business empire has crashed by more than $50 billion this week since Hindenburg Research, a…
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Wall Street is ignoring the Fed. That could be dangerous
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
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The Fed’s favorite inflation gauge shows price hikes cooled last month
The Federal Reserve’s preferred inflation gauge showed prices rose at a slower pace last month, indicating further progress in the…
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