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OpenAI is done with Shipmas and staring down daunting challenges for 2025

OpenAI’s “12 Days of Shipmas,” which wrapped up on Friday, brought a sense of levity to end the year. The marketing blitz…
Investing

Starbucks union announces strike to last through Christmas Eve in 3 major cities

Love Starbucks holiday drinks? This week, you may not get them. Starbucks Workers United announced baristas will strike starting Friday in three…
Investing

Party City to close all of its stores, report says

Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according to a CNN…
Investing

CFPB sues America’s largest banks for ‘allowing fraud to fester’ on Zelle

The Consumer Financial Protection Bureau is suing America’s three largest banks, accusing the institutions of failing to protect customers from fraud on…
Economy

Exclusive-Fed’s Barr seeks legal advice amid speculation Trump might remove him, sources say

By Pete Schroeder WASHINGTON (Reuters) -Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against…
Economy

Retailer Party City files for bankruptcy, will wind down 700 stores

By Mrinmay Dey (Reuters) – Party City, which has been struggling since the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection in…
Economy

Energy storage needs to grow 34x by 2050: Where will this come from?

Investing.com — Energy storage is expected to grow by 34 times by 2050, according to UBS. The current capacity of approximately 270…
Economy

Will federal government spending be slashed in 2025?

Investing.com — The U.S. federal government’s $6.8 trillion spending in fiscal 2024 is unlikely to see significant cuts next year, despite calls for…
Economy

North Korea’s Kim Jong Un calls for stronger rural economies, state media says

SEOUL (Reuters) – North Korean leader Kim Jong Un called to step up development of the country’s industrial production in regions outside…
Stock

U.S. housing market to improve in 2025, but challenges persist

Investing.com — The U.S. housing market is expected to see mild improvements in 2025, but elevated mortgage rates and affordability challenges will continue…
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