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US Unemployment Rate Reaches 18-Year Low

US Unemployment Rate Reaches 18-Year Low
US Unemployment Rate Reaches 18-Year Low
June 01, 2018  |  Personnel

Indicating a tightening labor market, the U.S. unemployment rate dropped to 3.8 percent amid higher-than-expected payroll gains. That decrease brings the unemployment rate to its...

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Claire’s To Shutter Another 130 Stores
Claire’s To Shutter Another 130 Stores
June 01, 2018  |  Retail

As Claire’s Stores seeks to attract investors and potential buyers, the retailer has gained approval to close 37 of its brick-and-mortar stores, which are primarily...

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Costco’s eCommerce Sales Rise 37 Percent In Q3 Amid Omnicommerce Push
Costco’s eCommerce Sales Rise 37 Percent In Q3 Amid Omnicommerce Push
June 01, 2018  |  Delivery

As Costco amps up its omnichannel offerings, the warehouse club is seeing that its efforts are paying off: The retailer reported that total eCommerce sales...

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Pinterest Unveils Promoted Video Tool
Pinterest Unveils Promoted Video Tool
June 01, 2018  |  Retail

Advancing its advertising efforts, Pinterest said that it plans to offer a promoted video tool, which allows marketers to gain more real estate than the...

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Uber Raises Fares In Major US Cities
Uber Raises Fares In Major US Cities
June 01, 2018  |  Ridesharing

To help retain drivers on its platform, Uber is raising its fares in cities such as Washington, D.C., San Francisco and Los Angeles. The increases...

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M&A, Bitcoin Trading Adds $8B In Market Cap To Square
M&A, Bitcoin Trading Adds $8B In Market Cap To Square
June 01, 2018  |  Bitcoin

Shares of Square have risen almost 50 percent, adding about $8 billion in market value, since the company launched bitcoin trading last year for its...

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Teens Choose Instagram, Snapchat Over Facebook
Teens Choose Instagram, Snapchat Over Facebook
June 01, 2018  |  Facebook / Meta

A survey shows that more U.S. teens are using YouTube, Instagram or Snapchat over Facebook. Get the Full Story Complete the form to unlock this...

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Estonia Shelves Plans For National Cryptocurrency
Estonia Shelves Plans For National Cryptocurrency
June 01, 2018  |  Cryptocurrency

Estonia has shelved plans to develop its own national cryptocurrency after the idea prompted criticism by banking authorities and Mario Draghi, the Italian economist and president of...

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