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Business
Companies, markets and entrepreneurs.
Netflix doesn’t want investors to worry, despite recent shake-ups, layoffs
Business · 4 min read
SpaceX quarterly revenue jumps from renting out its compute
Business · 4 min read
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Business
Walmart introduces discounted joint membership with Sam's Club
Amid stubbornly high inflation, the retailer is offering a combined Walmart+ and Sam's Club Plus membership for $120 a year.
Editorial Team
Business
California billionaire tax could leave state with less revenue, Stanford study cautions
A new analysis from Stanford economists cautions that enacting a billionaire tax could have unintended consequences.
Editorial Team
Business
China’s economy accelerates on robust exports as domestic weakness persists
China said Monday that its economy grew 4.5% for the July-September quarter from a year ago fueled by robust exports, moving closer to meeting its official annual growth target as the year nears its end.
Editorial Team
Business
In Michigan, consumer sentiment is pessimistic before midterms
Due to high fuel and housing costs, and wages that aren't keeping pace with inflation, consumer sentiment is lower than at almost any other time in modern history. CBS News spoke with Michiganders to find out how the economy is playing on the minds of voters.
Editorial Team
Business
Energy secretary defends waiving sanctions on Russia: 'It’s not an economic lifeline'
On "This Week," Energy Secretary Chris Wright defended the president's decision to waive new sanctions and tariffs meant to pressure President Vladimir Putin.
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Business
Vance says it'll take time to see economy improve: "We're turning the ship around"
As Americans express frustration with the country's economic outlook, Vice President JD Vance told CBS News this week it could take some time to see improvement.
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Business
Inflation hit businesses even harder than consumers last month
Various efforts by the Trump administration to bring down prices have failed to make a meaningful dent in rising costs.
Editorial Team
Business
Trump touts booming economy at Montana rally, but supporters feel the pinch
KALISPELL, Mont. — On a day when the U.S. inflation rate was shown to have climbed 3.7% over the past year, President Donald Trump said at a rally in Montana on Wednesday, “We have very little inflation.”
Editorial Team
Business
Netflix is cutting 6% of its workforce as its revenue growth slows
The layoffs will affect the company's product, tech, legal and HR teams, Netflix leaders said in a memo to employees.
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