Avie Schneider
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Under a settlement with the Federal Trade Commission, the company will pay $5 billion and its co-founder could be subject to penalties if Facebook doesn't comply with the agreement.
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Four months after its top-selling 737 Max airliner was grounded worldwide, Boeing announced a 35% drop in revenues and a loss of $2.9 billion in the second quarter.
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The credit reporting agency will pay up to $700 million in fines and monetary relief to consumers over a 2017 data breach that affected nearly 150 million people.
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Lawmakers in the Senate and House are questioning lobbyists and officials from Facebook, Google, Amazon and Apple on an array of issues, including whether they're so big they stifle competition.
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The Trump administration announced Friday that it will delay tariffs on cars and auto parts imports while it negotiates trade deals with Japan and the European Union.
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The economy added far fewer jobs than expected in February, a slowdown from much stronger gains in December and January. But the jobless rate fell to 3.8 percent, and earnings growth picked up.
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Job growth picked up for the 100th consecutive month even as hundreds of thousands of federal workers were furloughed during the partial government shutdown. Wage growth held steady.
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In the latest revelation to raise privacy concerns, the Silicon Valley giants offered adults and teens gift cards for installing apps that would let the companies collect data on their smartphones.
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Bogle, the founder of Vanguard who created the first index mutual fund, died Wednesday, the firm said. He said investors should own a mix of bonds and stocks but shouldn't pay managers to pick them.
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The economy added 312,000 jobs in December — topping analysts' expectations of 180,000 jobs added. Unemployment climbed as more people felt confident enough to quit their jobs and look for new ones