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Gretchen Morgenson

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Ozempic maker to cut thousands of jobs

Novo Nordisk, the maker of in-demand drugs Ozempic and Wegovy, said it will cut thousands of global jobs to simplify…

STEVE MOORE: The 'gold standard' of jobs data is broken — and America is paying the price

On Tuesday, the Bureau of Labor Statistics (BLS) published a revision of its latest job numbers, a report that shows…

California EV drivers are about to lose a major perk after 25 years

Electric vehicle drivers in California are losing their carpool lane privileges at the end of the month.The popular perk, which…

Larry Ellison tops Elon Musk as world's richest person amid Oracle stock surge

Oracle's stock surge has pushed co-founder Larry Ellison's net worth higher by tens of billions of dollars the last two days…

Klarna valued at $15B as buy now, pay later company makes IPO debut

Buy now, pay later company Klarna is making its long-awaited initial public offering on Wednesday after raising $1.37 billion.The Swedish…

Treasury and GSA launch SAVE program to reward employees up to $10K for saving taxpayer dollars

FIRST ON FOX: The Treasury Department and the General Services Administration (GSA) are slated to unveil a new program on…

Trump brings key prescription drug home to US in sweeping Walmart deal

The United States is set to increase its manufacturing of amoxicillin — a widely used prescription antibiotic that recently faced…

Royal Caribbean passenger accused of jumping overboard to dodge vacation gambling debt

A man accused of owing a cruise line nearly $17,000 in gambling debt allegedly jumped off a ship to avoid…

JPMorgan processed over $1B for Jeffrey Epstein despite internal concerns over sex offender status: report

JPMorgan Chase handled the processing of more than $1 billion for Jeffrey Epstein over the course of 15 years despite internal…

Modi and Trump signal mutual optimism for US-India trade negotiations moving ahead

Indian Prime Minister Narendra Modi said the U.S. and India are "close friends and natural partners" while expressing his confidence…

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