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ABCNews.com

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Find breaking news and business news on Wall Street, stocks, the economy, banking, interest rates and mortgages, loans and credit cards, mutual funds and retirement and gas prices.

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http://abcnews.go.com/

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Economy

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106,1 položek/den

5 retired MLB umpires — including Joe West — sue benefit plan, alleging they are owed more money

3:34
Five retired umpires have sued their retirement plan and its committee, claiming they are owed additional money

New York's Strand Bookstore to repay nearly $1.5M after improperly receiving federal loan

3:33
The U.S. Department of Justice has announced that New York's Strand Bookstore will pay nearly $1.5 million after improperly receiving a pandemic-era small business loan

Wendy's rejects buyout bid from activist investor and adopts 'poison pill' plan

3:33
Wendy’s rejected a $1.4 billion buyout offer from an activist investor, saying Thursday that the bid was too low

Unemployment claims drop to 189,000, the fewest since mid-July

3:33
Fewer Americans applied for unemployment benefits last week as layoffs remain scarce and most workers enjoy job security

Gas deposits off Cyprus are an opportunity for the EU, president says

3:33
Cyprus's president says natural gas deposits off the country's coast offer the European Union a chance to boost energy security by diversifying supply

Asian shares mostly advance following US midterms, though Kospi falls

3:33
World shares are mostly higher though heavy selling of artificial intelligence-related stocks offset gains for some markets following the U.S. midterm elections

Kenya’s mining ambitions raise fears for farms and ancestral graves

3:33
Farmers and community elders in coastal Kenya fear a proposed mining project could threaten their livelihoods and a sacred forest where their ancestors are buried

Democrats plan to push clean energy to lower bills and challenge Trump’s fossil fuel agenda

15:27
Some Democrats are promising to push for more clean energy to help tackle rising energy costs when they take control of Congress in January

Berkshire Hathaway buys back $9.6 billion of its own stock but its profits declined

7.listopadu
Berkshire Hathaway repurchased $9.6 billion worth of its own stock in the third quarter, but Geico disappointed and its overall profit fell more than 28% as the value of its investments changed

Inflation, housing, jobs and corporate earnings will dominate the business calendar this week

7.listopadu
Inflation updates dominate the calendar this week, along with a checkup on the housing market and more data on employment in the U.S. The latest updates come a week after voters across the U.S. gave Democrats a sweep of Congress in the midterm election...

Small footwear company moves into spotlight with Bears QB Caleb Williams wearing its cleats

6.listopadu
A small Baltimore-based company named Caddix is gaining attention after Chicago Bears quarterback Caleb Williams started using its cleats

Morocco celebrates 51st anniversary of Western Sahara takeover as UN mission ends

6.listopadu
Morocco has commemorated the 1975 Green March that marks its claim over Western Sahara from Spanish rule
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