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Investing
Bill Ackman buys stake in Tel Aviv stock exchange in ‘vote of confidence’ for Israeli economy
Hedge fund billionaire Bill Ackman and his wife Neri Oxman are buying a stake in Tel Aviv’s stock market in what the exchange said Wednesday…
Abrdn to cut 500 jobs in bid to boost profitability of investment company
Abrdn on Wednesday said it plans to lay off around 10% of its entire workforce in a bid to cut its annual costs following a brutal second half of 2023 that…
It’s still too hard to be a working parent in America, Janet Yellen says
In a major speech set to be delivered Thursday in Chicago, Treasury Secretary Janet Yellen plans to detail her vision for helping middle-class…
Why over-optimistic investors may want to pump the brakes
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an…
New Nasdaq tool signals the IPO market will be in an uptrend for the next six months
As the U.S. initial public offering market continues to thaw after a deep freeze over the last year, the Nasdaq has launched a new tool to help investors…
‘The straw that broke the camel’s back’: United CEO’s frustration with Boeing’s problems
United Airlines, one of the biggest buyers of Boeing jets, is losing patience with the troubled aircraft maker.
“I’m disappointed…
China tries to halt stock market rout by boosting lending and wooing foreign investors
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world.…
A six-day train strike is the last thing the German economy needs
Germany is bracing for widespread disruption to rail services after train drivers embarked on a record six-day strike Wednesday, which will…