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Residents alarmed as shoplifting incidents trigger store departures: ‘As a community we can’t allow this to continue’

By Parija Kavilanz, CNN New York (CNN) — Lou Martins is angry, frustrated, and disappointed but not surprised that the first Target store to open in Manhattan — in his New York City neighborhood — is closing in October. Target this week cited large-scale theft and safety concerns for employees and customers for its decision

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A contract for 75,000 workers is about to expire. The largest US health care strike in history could be next

By Samantha Delouya, CNN (CNN) — A labor contract for thousands of unionized health care workers across five states and Washington, DC, is set to expire on Saturday at 11:59 pm PT, potentially triggering the largest health care strike in US history. More than 75,000 health care employees who work at hundreds of Kaiser Permanente

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Government shutdown, labor strikes will likely weigh on US consumers’ attitudes

By Bryan Mena, CNN Washington, DC (CNN) — Americans are taking notice of a possible government shutdown and the uncertainty of ongoing labor strikes, according to the University of Michigan’s latest consumer sentiment survey. The university’s Consumer Sentiment Index edged lower by 1.4 points in September, according to a final reading. That means US consumers

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Gas prices heated up inflation last month, but there’s also welcome progress for the Fed

By Alicia Wallace, CNN Minneapolis (CNN) — Higher gas prices heated up overall inflation last month, but the Federal Reserve got some welcome news: Its preferred inflation gauge cooled to its lowest level in two years. The core Personal Consumption Expenditures index, a closely watched inflation measure that excludes gas and food prices, rose 3.9%

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Transactions involving French billionaire Bernard Arnault investigated over suspected money laundering

By Chris Liakos and Martin Goillandeau, CNN Paris (CNN) — French billionaire Bernard Arnault and Russian Oligarch Nikolai Sarkisov are under “preliminary investigation” for their alleged involvement in “transactions likely to constitute money-laundering offences,” the Paris Public Prosecutor’s Office told CNN. The Prosecutor’s Office confirmed earlier reporting from French publication Le Monde. As the subject

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The world needs cheap electric cars. That spells trouble for big carmakers

Analysis by Hanna Ziady, CNN London (CNN) — In 1913, Henry Ford’s moving assembly line transformed carmaking. Ford’s groundbreaking innovation drastically reduced the time it took to assemble a car, enabling mass production and slashing vehicle prices. More than a century later, carmaking is undergoing a similarly seismic shift. Only this time, Ford Motor Company

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Detained WSJ reporter Evan Gershkovich’s parents describe what it was like seeing him in Russia

CNN By Ramishah Maruf, CNN New York (CNN) — Wall Street Journal reporter Evan Gershkovich remains “defiant” six months after he was detained in Russia on spying charges, which he and the Journal strenuously deny, his mother told CNN’s Anderson Cooper Thursday night. “He’s smiling. He understands what’s going on,” Ella Milman said. “And I

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Detained WSJ reporter Evan Gershkovich’s parents describe what it was like seeing him in Russia

By Ramishah Maruf, CNN New York (CNN) — Wall Street Journal reporter Evan Gershkovich remains “defiant” six months after he was detained in Russia on spying charges, which he and the Journal strenuously deny, his mother told CNN’s Anderson Cooper Thursday night. “He’s smiling. He understands what’s going on,” Ella Milman said. “And I have

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The N-word and racist taunts: Tesla allowed racism in its factory, US government lawsuit alleges

By Peter Valdes-Dapena, CNN (CNN) — The United States government’s Equal Employment Opportunity Commission sued Tesla Thursday alleging the automaker allowed repeated and overt displays of racism toward Black employees in its Fremont, California, factory. Racist slurs were allegedly used often by non-Black employees when speaking to Black employees at the factory, according to the

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