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Business

Soft Wage Growth, Short Time Mar Apr Work Reports; Dow Jones Rises

The U.S. economy added 263,000 jobs in April while unemployment fell to 3.6%, a half-year low, reported Labor Department Friday. The headline job numbers look at the stars, but the jobs report looks somewhat ugly below the surface. The wage growth came in soft part for a second straight month, even though the workers recorded less time. So why is …

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Wall Street bounces on robust job additions in April By Reuters

© Reuters. Traders work on the floor at the NYSE in New York By Sruthi Shankar and Shreyashi Sanyal (Reuters) – Wall Street's main indexes gained on Friday, as a surge in job additions in April pointed to a solid domestic economy, while a steady rise in wages backed the Federal Reserve's patient view on interest rate hikes. The Labor …

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CVS to close dozens of stores

(CNN) – CVS Health Thursday announced its closing of 46 stores this year. CVS reveals locations that are in the "underperforming" block cutting. Some of the shops have closed their doors. USA Today reports are located in 13 states and Washington DC The newspaper says that two CVSs in New York are nearby are located in Greenwood Lake and Staten …

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Iran Prepares For Attacks As US Waivers At Iranian Oil Ends

Iran's armed forces should prepare if an attack is about to come, General Abdolrahim Mousavi said on Thursday that US disregard for Iran crude oil sanctions has expired, according to Radio Farda. the attack may occur tomorrow and continue to participate in war exercises, "Mousavi said in IRNA, the official Iranian government news agency, accusing the United States of the …

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Elon Musk owes $ 507 million to banks helping Tesla raise capital

SAN FRANCISCO (Reuters) – Tesla chief executive Elon Musk personally owes $ 507 million to Wall Street banks involved in Tesla's stock and debt sale, backed by his stake in the electric car maker, a company filing showed on Thursday. The lending was disclosed in Tesla's prospectus on Thursday to raise up to $ 2.3 billion with new shares and …

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Report: Warren Buffett's Berkshire Hathaway is selling Amazon shares

No. Buffett announced on Thursday that Berkshire Hathaway ( BRKA ) bought Amazon shares, claiming that the exact amount will be disclosed in the quarterly report Berkshire in the United States The Security and Exchange Commission later this month. "One of the fellows in the office that manages money … bought some Amazon," Buffett said in a CNBC interview. He …

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US braced for Iranian response as oil crackdown starts

As the administration ends waivers that allowed eight countries to continue purchasing Iranian crude and condensate, one administration official told CNN that they are concerned about the response from Tehran, which could target US assets in the Middle East and escalate tensions with the US and in the region. The administration has cut deeply into Iranian oil exports in a …

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