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The shortage is a lucrative opportunity — but the window is brief.
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All three major U.S. stock indexes finished with back-to-back gains on Wednesday, with investors using November's unexpectedly weak private-sector hiring report to solidify expectations for a quarter-point interest-rate cut from the Federal Reserve next week.
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ADP Jobs Report Shows Surprise Drop In Private Payrolls; S&P 500 Wavers Investor's Business DailyPrivate Employers Cut Jobs in November, the Latest Sign of a Slowdown The New York TimesSurprise US Jobs Dip Adds to Fed Cut Wagers Bloomberg.comDow rises 400 points as weak ADP jobs report spurs rate cut hopes: Live updates CNBC
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A new LinkedIn study shows small company owners and employees are adopting AI at high rates, while many aspiring entrepreneurs use the tech to launch new businesses.
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Privately run businesses eliminated jobs in November for the third time in four months, pointing to a broad slowdown in hiring that threatens to nudge unemployment higher and chip away at the economy.
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Investors need to be careful if they place early bets on startup companies seeking to provide nuclear-generated electricity for data centers, according to Paul Wick of Columbia Threadneedle Investments.
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BNPL services continue to surge, while consumers continue to drift away from in-person shopping and impulse buys.
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