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Private sector added twice as many jobs as expected in October

By Alicia Wallace, CNN (CNN) — Private sector hiring blew past expectations in October, another sign that the US labor market remains on solid footing, payroll processor ADP reported Wednesday. Non-governmental employers added 233,000 jobs in October, a sharp acceleration from the 159,000 net increase reported for September, according to ADP’s latest National Employment Report.

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TikTok’s founder is now China’s richest person. But the country’s total number of billionaires has shrunk

By Simone McCarthy, CNN (CNN) — China has a new richest person – and it’s the entrepreneur behind the wildly popular, and controversial, app TikTok. Zhang Yiming, 41, co-founder of TikTok’s parent company ByteDance, topped the 2024 Hurun China Rich List, released Tuesday. His wealth reached $49.3 billion, as assessed by research, media and investment

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USA Today's parent company announced it will not be making an endorsement in the 2024 presidential election.

America’s largest newspaper chain, including USA Today, won’t endorse in 2024 presidential race

By Liam Reilly, CNN New York (CNN) — Gannett, owner of the nation’s largest newspaper chain, announced that its more than 200 publications, including USA Today, will not publish presidential endorsements in the run-up to the November 5 election. In a statement, Gannett said that while its USA Today Network of publications nationwide will not issue presidential endorsements this year, the outlets may still endorse candidates at the

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Jeff Bezos defends Washington Post non-endorsement after subscribers flee and staffers resign

By Jon Passantino and Liam Reilly, CNN (CNN) — The Washington Post owner Jeff Bezos, in his first public comments since igniting uproar last week over his decision to withhold the venerable newspaper’s endorsement in the presidential race, defended the move in a rare op-ed published Monday evening by the Post. “Presidential endorsements do nothing

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