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Business · WashingtonThe U.S. Senate voted Thursday to force four railroad unions to accept the terms of a labor contract. It was the first time in 30 years that the federal government wielded the power to prevent railroad strikes. Back in September, it looked as if tens of thousands of railroaders were ready to walk off the job.See the Story
Senate approves bill enforcing railroad labor agreement ahead of strike deadline, sends to Biden
62% Center coverage: 88 sources
Europe · LondonBritish house prices tumbled 1.4% in November compared with October, the biggest monthly drop since June 2020 and the clearest sign yet that the housing market is cooling rapidly, data from mortgage lender Nationwide showed on Thursday.See the Story
UK house prices post biggest slide since mid-2020: Nationwide
50% Center coverage: 12 sources
Business · New YorkThe S&P CoreLogic Case-Shiller 20-city house-price index fell 1.2% in September, its third consecutive monthly decline.See the Story
U.S. house annual prices slow again in September
64% Center coverage: 11 sources
Latest News Stories
BusinessShares of Altice USA Inc. ATUS, +1.79% were off more than 6% in premarket trading Thursday. The telecommunications company provided an update upon the conclusion of its strategic review. Analysts already had a sense in recent weeks that a deal for Suddenlink seemed less likely given the state of capital markets.See the Story
Altice stock drops after Suddenlink strategic review concludes, as company decides to keep the business
100% Center coverage: 1 sources
Taiwan · TaiwanChina's factory activity shrank for a second straight month last month, official data showed yesterday. The Purchasing Managers Index (PMI) came in at 48, down from October's 49.2. The manufacturing PMI has been in contraction territory for all but four months of the year.See the Story
Chicago factory activity falls deeper into contraction territory in November
100% Center coverage: 2 sources
US & Canada · WashingtonU.S. President Joe Biden said there “need not be a new Cold War” between the U.S. and China, following a three hour meeting with Chinese President Xi Jinping in Indonesia on Monday.See the Story
Biden sees no need for ‘a new Cold War’ with China after three hour meeting with Xi Jinping
37% Left coverage: 35 sources
Business · WashingtonThe S&P 500 (.SPX) and Nasdaq (.IXIC) jumped on Thursday, racking up their biggest daily percentage gains in over 2-1/2 years as a sign of slowing inflation in October sparked speculation the Federal Reserve might become less aggressive with interest rate hikes.
See the Story
Dow ends 1,200 points higher, stocks past best day since 2020 after inflation hints at slowing
50% Center coverage: 17 sources
Business · New YorkCEO Barry McCarthy says turnaround is ahead of schedule after slashing jobsSee the Story
Peloton Sales Tumble Again, but Quarterly Losses Narrow
60% Center coverage: 5 sources
Business · WashingtonA closely-watched indicator that tracks what employers pay workers in wages and benefits, rose 1.2% last quarter, the Labor Department said on Friday — a slightly cooler pace than compensation growth in the prior quarter.See the Story
Key indicator shows signs of cooling wage growth
45% Center coverage: 9 sources
Business · San FranciscoParag Agrawal, Ned Segal and Vijaya Gadde are set to walk away from Twitter with the biggest haul. Musk reportedly fired all three Thursday evening upon officially taking control of the social network. The trio would be given stock worth $127.5 million as severance if terminated.See the Story
Elon Musk on the hook to pay more than $200 million to 3 fired Twitter execs
38% Right coverage: 8 sources
Asia · BeijingChinese cities from Wuhan in central China to Xining in the northwest are doubling down on COVID-19 curbs, sealing up buildings, locking down districts and throwing millions into distress in a scramble to halt widening outbreaks.See the Story
Chinese cities double down on zero-COVID as outbreaks widen
44% Right coverage: 32 sources
