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Dow’s Winning Streak Comes to an End

July 27, 2023 / no comments

The Dow Jones Industrial Average fell Thursday, ending a streak of 13 consecutive winning sessions that was the second longest on record.

If Yelling Is Out at Work, Why Do These Bosses Still Shout?

July 27, 2023 / no comments

Many employees shut down when managers raise their voices, but others say candid feedback—even the loud kind—is underrated.

Citigroup Says Its Predecessors Benefited From Slavery

July 27, 2023 / no comments

The bank’s latest historical review, done as part of its racial equity pledge, shows indirect ties rather than direct profits.

Bill Geddie, a Creator of ‘The View,’ Is Dead at 68

July 27, 2023 / no comments

His partnership with Barbara Walters began when he produced her prime-time specials. He later helped turn her idea for an all-female talk show into a long-running hit.

Gucci-Owner Kering Buys Stake in Valentino

July 27, 2023 / no comments

The deal is part of a return to big-ticket transactions for the French luxury conglomerate, after an agreement to purchase cologne-maker Creed.

Facebook’s Algorithm Is ‘Influential’ but Doesn’t Necessarily Change Beliefs, Researchers Say

July 27, 2023 / no comments

In four new studies, researchers found complicated results from experiments on Facebook’s and Instagram’s algorithms, suggesting there was no silver bullet to fixing the platforms.

Mark Zuckerberg Could Be Held in Contempt of Congress: What to Know

July 27, 2023 / no comments

House Republicans are threatening to cite the Meta CEO for what they say is a failure to provide adequate documents in response to a subpoena.

Pennsylvania Avenue Mixed-Use Building Sells At Auction For $40M

July 27, 2023 / no comments

An eight-story mixed-use building in D.C.’s West End was sold at a foreclosure auction Wednesday afternoon by lender New York Life Insurance Co. for $40M.

Soft Landing Optimism Is Everywhere. That’s Happened Before.

July 27, 2023 / no comments

People are often sure that the economy is going to settle down gently right before it plunges into recession, a reason for caution and humility.

ECB Raises Rates, Says Pausing Is an Option

July 27, 2023 / no comments

The euro fell against the dollar as President Christine Lagarde said the central bank was keeping an open mind on its next rate call.

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