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The art market is in a correction as big spenders fade
Auction sales in the first six months at Christie’s, Sotheby’s, Phillips and Bonhams fell 26% from 2023 and 36% from the market peak in 2021.
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It's harder to land a bigger paycheck at a new job—here's what workers are negotiating for instead
Declining worker leverage might finally be at a rebound point, according to new data.
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Generative AI is onboarding hundreds of employees at a time, better and faster
Onboarding new employees is a core responsibility of talent leaders. It’s increasingly being turned over to AI.
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Britain announces major change to fiscal rules to free up billions in spending
U.K. Finance Minister Rachel Reeves on Thursday confirmed she intends to change the country’s fiscal rules in the October budget.
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Air taxi firm Lilium shares plunge 45% after company says main subsidiaries will file for insolvency
Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main subsidiaries plan on filing for insolvency in the coming days.
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Mark Cuban: People with these 3 skills will be most successful in the future job market
Billionaire investor and entrepreneur Mark Cuban says the skills you need to land a job right now will be the same ones companies are hiring for in ten years.
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Another European Central Bank member says a jumbo cut is on the table
The ECB’s Mārtiņš Kazāks joined his colleague Mario Centeno in saying a 50-basis-point rate cut should be on the table at the central bank’s December meeting.
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World Series ticket prices are the second-highest ever—a Yankees home game could run you nearly $5,000
It will cost more than $3,800 to see Shohei Ohtani play in his first World Series.
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Jeff Vinik sells stake in NHL's Tampa Bay Lightning to investor group
Jeff Vinik sold a portion of the NHL’s Tampa Bay Lightning to a group of investors led by Doug Ostrover and Marc Lipschultz, both of Blue Owl Capital.
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Chinese smartphone maker Oppo doubles down on AI, says in regular talks with Google and Microsoft
As Chinese smartphone company Oppo gears up for a flagship phone launch overseas, it says it has weekly AI talks with Google and Microsoft senior management.
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Here's how much you can make in 2025 and still pay 0% capital gains
The 0% capital gains bracket could offer tax planning opportunities, experts say. Here are the taxable income limits for 2025.
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Why Meta and Snap are spending billions on AR glasses
Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.
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Consumers choose their favorite retailers ahead of the holidays: Nike, Kohl's top the list
Nike and Kohl’s are expecting sales to fall this year, but they remain a top choice among consumers, indicating they must move quickly to not fall out of favor.
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Nvidia doubles down on India with Hindi language model and major partnerships
Nvidia on Thursday announced a slew of partnerships with major Indian firms and launched a Hindi language model.
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American Airlines lifts 2024 profit forecast after sales strategy shift, posts third-quarter loss
American Airlines raised its profit forecast for the year as CEO Robert Isom said the company’s sales strategy shift earlier this year is paying off.
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5 things to know before the stock market opens Thursday
Here are the most important news items that investors need to start their trading day.
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Novo Nordisk's diabetes drug Ozempic may reduce the risk of Alzheimer's disease, study says
The active ingredient in Ozempic was associated with a 40% to 70% lower risk of a first-time Alzheimer’s diagnosis in diabetes patients.
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TKO Group to acquire IMG, Professional Bull Riders and On Location from Endeavor for $3.25 billion
TKO Group, the company that owns UFC and WWE, is expanding its reach in the sports world by acquiring three businesses from Endeavor Group for $3.25 billion.
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Southwest Airlines profit tops estimates, company expects higher revenue in fourth quarter
Southwest said travel demand remains healthy and it expects unit revenue for the fourth quarter to grow 3.5% to 5.5%.
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Presidential election is a dead heat though Trump leads Harris big on economy, says CNBC survey
Trump leads Harris 48%-46%, according to the CNBC All-America Economic Survey, within the poll’s 3.1% margin of error.