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Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

By KEN SWEET and LARRY NEUMEISTER
Mar 28, 2024 11:16 am - NEW YORK — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the...
Trump’s social media company will go public after merger with shell company is approved

Associated Press
Mar 22, 2024 10:15 am - NEW YORK — Donald Trump is returning to the stock market. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with ...
Dollar Tree to close nearly 1,000 stores, posts surprise fourth quarter loss

By MICHELLE CHAPMAN
Mar 13, 2024 11:29 am - Dollar Tree swung to a surprise fourth-quarter loss and will close nearly 1,000 stores after the discount retailer slashed the value of a rival chain it acquired almost a...
Amazon to be added to the Dow Jones Industrial Average, replacing Walgreens Boots Alliance

Associated Press
Feb 21, 2024 9:14 am - NEW YORK — Amazon.com Inc. is being added to the Dow Jones Industrial Average, joining Apple, Walt Disney, Walmart and other companies that make up the 30-stock average. ...
Drugstore chain Walgreens cuts quarterly dividend to get more cash to grow its business

By TOM MURPHY
Jan 04, 2024 8:18 am - Walgreens is chopping its dividend nearly in half as the drugstore chain looks to strengthen its balance sheet. The health care giant said Thursday that reducing its quar...
Stock market today: Wall Street aims for gains to close 2023 in subdued holiday trading

By The Associated Press
Dec 27, 2023 8:29 am - Wall Street aimed for a winning week to close out the year in subdued holiday trading Wednesday. Futures for the S&P 500 and the Dow Jones Industrial Average each edged ...
Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike

By CHRISTOPHER RUGABER AP Economics Writer
Nov 01, 2023 1:00 am - WASHINGTON - The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inf...
McDonald's pumps brakes on prices as US traffic falls slightly, but Q3 sales beat expectations

By DEE-ANN DURBIN AP Business Writer
Oct 30, 2023 1:00 am - McDonald's said it's pumping the brakes on higher prices and focusing more on value meals after seeing a drop-off in visits by some customers. The burger giant reported ...
Fed Chair Powell: Slower economic growth may be needed to conquer stubbornly high inflation

By CHRISTOPHER RUGABER AP Economics Writer
Oct 19, 2023 1:00 am - WASHINGTON - Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a ...
Sam Bankman-Fried must now convince a jury that the former crypto king was not a crook

By KEN SWEET AP Business Writer
Oct 02, 2023 1:00 am - NEW YORK - For a while, Sam Bankman-Fried tried to convince politicians and the public that he was the next J.P. Morgan. Now, he has to convince a jury that he wasn't, i...

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