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‘I’m still shocked’: Tech workers offer insider account of mass layoffs

(NEW YORK) -- Layoffs have battered the tech industry in 2023, carrying over a series of job cuts that began last year. In all, about 50,000 people have lost their positions this month. Tech giants such as Google, Microsoft and Amazon have led the sector ...
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Remember ‘quiet quitting’? ‘Quiet hiring’ is the new workplace trend of 2023

(NEW YORK) -- The term "quiet quitting" went viral last year, describing people who stay in their jobs but mentally take a step back -- for example, working the bare minimum and not making their job the center of their lives. Now in 2023, there ...
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Sam Bankman-Fried has tried to contact potential witnesses, government says

(NEW YORK) -- Disgraced crypto executive Sam Bankman-Fried has made “recent attempts” to contact prospective witnesses in his criminal case, federal prosecutors said Friday in a letter to the judge that sought new conditions of his release. Bankman-Fried has been free on a $250 million bond ...
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What to know about severance pay amid high-profile layoffs

(NEW YORK) -- Continued recession fears and a cascade of tech industry layoffs have drawn renewed attention to severance packages, the compensation offered to some departing employees. Severance packages, which range widely in size and duration, offer newly unemployed workers a financial buffer as they ...
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What to know about PFAS after Thinx underwear settles class-action lawsuit

(NEW YORK) -- Human-made chemicals known as PFAS are back in the spotlight after the feminine hygiene company Thinx settled a class-action lawsuit earlier this month for millions of dollars. The lawsuit was brought against Thinx by customers who claimed testing showed the brand's period ...
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The year crypto broke: How customers, investors lost millions and what’s being done

(NEW YORK) -- It seemed like cryptocurrency was having a moment. At the start of 2022, the Super Bowl featured celebrities like Tom Brady, Larry David and Matt Damon in commercials for crypto companies. Logos for crypto companies like FTX could be seen plastered on ...
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US economy grew at end of 2022, defying recession fears

(WASHINGTON) -- The U.S. economy grew robustly at the end of last year, defying recession fears and weathering an aggressive series of interest rate hikes from the Federal Reserve, government data showed. U.S. gross domestic product grew by a 2.9% annualized rate over the three ...
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GDP data to show economic health amid recession fears

(WASHINGTON) -- Investors, business leaders and everyday Americans will be keeping a close watch on the release of gross domestic product data on Thursday, as inflation eases but recession fears still loom. The data for the final three months of 2022 will show whether the ...
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Barbie pays tribute to Bessie Coleman with new Inspiring Women series doll

(NEW YORK) -- Barbie is honoring the life and legacy of Bessie Coleman with a new doll. Coleman, whose birthday falls on Jan. 26, was the first Black and Native American female aviator and the first Black person to ever earn an international pilot's license. The ...
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New York attorney general voices concern over facial recognition

(NEW YORK) -- A viral controversy over the use of facial recognition technology to bar customers from New York City performance venues has drawn the attention of the state's top cop. New York Attorney General Letitia James on Wednesday sent a letter to Madison Square ...
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How financial savings trend ‘credit card fast’ helped one woman buy a home

(NEW YORK) -- Credit card debt is often easy to pile on, but hard to pay off. For Lisa Samalonis, smart credit card saving was the key to rebuilding her life after divorce. "It was very important for me to preserve some of that money ...
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Justice Department files antitrust lawsuit against Google over digital advertising

(WASHINGTON) -- The Justice Department and eight other states filed a historic antitrust lawsuit Tuesday targeting Google over what they allege is the Big Tech giant's monopoly over the online advertising market. The lawsuit, filed in the Eastern District of Virginia, aims to have Google's ...
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