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Fast Price and Wage Growth Keeps Fed on Track for Big Interest Rate Increase

The Personal Consumption Expenditures price index climbed 6.6 percent from a year earlier, the quickest pace of increase since 1982.  » mehr lesen

Elon Musk Sells Tesla Stock Ahead of Twitter Takeover

He raised $8.5 billion in a series of sales this week and said he didn’t have plans to sell any more.  » mehr lesen

Instacart’s Pandemic Boom Is Fading

The grocery delivery start-up parted ways with its founder, slashed its valuation and shifted its strategy after sales slowed.  » mehr lesen

Why Netflix Is the Worst Performing Stock in the S&P 500

Shares in Apple, Amazon, Google, Facebook and Microsoft have all fallen this year, but Netflix has come in for the harshest punishment.  » mehr lesen

As Stocks Fall, Economic Fears Rise, Along With Inflation

The S&P 500 is heading for its worst monthly decline since March 2020, as rising interest rates and high inflation raise concerns about consumer sentiment.  » mehr lesen

Europe’s Economy Slows to a Crawl as War and Inflation Take a Toll

The eurozone economy grew 0.2 percent in the first three months of the year, and growth in the European Union was just a touch higher.  » mehr lesen

Christie’s to Sell a Dinosaur That Inspired the ‘Jurassic Park’ Raptor

The auction house says this is the first ever sale of a Deinonychus, the species on which the ‘Velociraptor’ in the 1993 movie was based.  » mehr lesen

Working 9 to 2, and Again After Dinner

The pandemic upended the rigid 9-to-5 workday. Enter the age of the “triple peak” day.  » mehr lesen

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