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CNN – Business/Consumer

McDonald’s stock hits all time high

By Danielle Wiener-Bronner, CNN Business McDonald’s stock hit an all time high Friday as Wall Street cheered the company’s third quarter results. The share price hit about $274 on Friday, a jump of roughly 3% for the day. On Thursday, McDonald’s reported consolidated revenues of about $5.87 billion for the third quarter, a year-over-year decline

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Trump won’t return to Twitter right away: Musk enlists panel to review suspended accounts

By Oliver Darcy, CNN Business Newly minted Twitter owner Elon Musk said Friday afternoon that the social media company “will be forming a content moderation council with widely diverse viewpoints.” That means suspended accounts like the one held by former President Donald Trump won’t immediately return to Twitter. “No major content decisions or account reinstatements

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Trump won’t return to Twitter right away: Musk enlists panel to review suspended accounts

By Oliver Darcy, CNN Business Newly minted Twitter owner Elon Musk said Friday afternoon that the social media company “will be forming a content moderation council with widely diverse viewpoints.” That means suspended accounts like the one held by former President Donald Trump won’t immediately return to Twitter. “No major content decisions or account reinstatements

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The Fed is killing the housing market

By Nicole Goodkind, CNN Business The US economy grew by a 2.6% adjusted annual rate in the third-quarter, bouncing back from two negative quarters and beating analyst expectations. This ultra-resilient economy stands in the face of the Federal Reserve’s aggressive attempts to quell inflation by slowing growth through aggressive interest rates. But a quick look

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The Fed is killing the housing market

By Nicole Goodkind, CNN Business The US economy grew by a 2.6% adjusted annual rate in the third-quarter, bouncing back from two negative quarters and beating analyst expectations. This ultra-resilient economy stands in the face of the Federal Reserve’s aggressive attempts to quell inflation by slowing growth through aggressive interest rates. But a quick look

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300 business groups call on Biden to intervene in rail unions contract vote

By Vanessa Yurkevich, CNN Three hundred business groups are calling on President Joe Biden to intervene in the ratification of the national tentative agreement he helped broker last month between rail unions and US freight railroads. In a letter sent to the president Thursday, retail, agricultural, manufacturing, and trucking associations jointly asked the president to

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