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Saudi deficit rises amid oil dip
Saudi Arabia posted a budget deficit of $15.65 billion in the first quarter of this year, widening from $3.30 billion in the ...
OpenAI backs off for-profit plan
OpenAI said its nonprofit division will continue to control the ChatGPT-maker, backtracking on a controversial plan to ...
DC will host the 2027 NFL draft
NFL Commissioner Roger Goodell said he anticipates record-breaking crowds for the three-day, fan-fueled event.
Skechers acquired for $9.4B
Skechers is going private in a $9.4 billion deal by investment firm 3G Capital, the company announced Monday. 3G Capital has ...
Palantir boosts outlook, shares dip
The defense software firm boosted its full-year outlook, attributing the move to a "ravenous whirlwind” of demand for its ...
Wary firms pull back on hiring
Increasingly, major employers are paring back or pausing their hiring entirely, The Wall Street Journal reports.
Rite Aid files Chapter 11, cut jobs
Rite Aid only emerged from its first Chapter 11 filing back in September, after erasing $2 billion in debt and closing about ...
Cost of homeownership is surging
Assuming buyers spend no more than 30% of their income on shelter, they need at least $50,000 more per year than renters to ...
Does 'forced fun' boost morale?
Group activities at work are one way to encourage staff to step away from their duties to learn a new skill, connect with colleagues and feel happier. Do they work? Join the conversation.
Newark Airport's woes pile up
Last week, air traffic controllers tasked with directing flights to and from Newark Liberty International Airport suffered a ...
Future of single-sex schools
Two top schools are phasing out co-educational junior years to become same-sex schools from kindergarten to Year 12. How ...
Credit Suisse faces $511M tax fine
Credit Suisse will pay $511 million after pleading guilty to helping U.S. clients hide over $4 billion in offshore accounts.