Fed Chair Powell says a double-sized rate hike is 'on the table' in May, making mortgages, car loans, and credit-card interest even more pricey

The Fed usually raises rates by 0.25 percentage points at each meeting. With inflation at 41-year highs, officials are picking up the pace.
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Fed Chair Powell says a double-sized rate hike is 'on the table' in May, making mortgages, car loans, and credit-card interest even more pricey

Fed Chair Powell says a double-sized rate hike is 'on the table' in May, making mortgages, car loans, and credit-card interest even more pricey

The Fed usually raises rates by 0.25 percentage points at each meeting. With inflation at 41-year highs, officials are picking up the pace.

READ MORE

I was a Google recruiter for 5 years. Here are my biggest interview and networking dos and don'ts.
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I was a Google recruiter for 5 years. Here are my biggest interview and networking dos and don'ts.

Jeff Sipe has screened thousands of candidates and says connecting with someone already inside the company is crucial to getting hired.

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JPMorgan employees describe the 'fear of God' and 'panic' as the company tracks their office attendance

JPMorgan employees describe the 'fear of God' and 'panic' as the company tracks their office attendance

JPMorgan is using ID swipes to track attendance as employees return to the office. Some staffers say this is creating an atmosphere of fear and panic.

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A 25-year-old receives about $1,118 a month mining ethereum out of his house. He breaks down the graphics cards he bought, how much he paid, and key lessons learned.
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A 25-year-old receives about $1,118 a month mining ethereum out of his house. He breaks down the graphics cards he bought, how much he paid, and key lessons learned.

He factored in the cost of each graphics card, its electricity usage, and how much it mined to decide which cards had the best return on investment.

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China's Instagram-like Xiaohongshu joins the tech layoff bloodbath, cutting about 10% of employees

China's Instagram-like Xiaohongshu joins the tech layoff bloodbath, cutting about 10% of employees

Xiaohongshu said it's laying off up to 10% of its workforce. The cuts add to the tens of thousands of tech workers expected to be dismissed this year.

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How a 29-year-old startup founder is running her business from bomb shelters in Ukraine
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How a 29-year-old startup founder is running her business from bomb shelters in Ukraine

Alyona Mysko felt terrified as she fled Kyiv, Ukraine. But if founding a startup taught her anything, it was to keep moving, even during war.

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Elon Musk says Tesla hopes to produce a robotaxi with no steering wheel or pedals in 2024

Elon Musk says Tesla hopes to produce a robotaxi with no steering wheel or pedals in 2024

Elon Musk said the robotaxi will be "a massive driver" of Tesla's growth and lacks a wheel and pedals because it's "highly optimized for autonomy."

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The co-chief investment strategist at a $192 billion money manager shares 5 pockets of opportunity that could do well despite slowing economic growth and rising inflation — and explains why it is too early to position for a recession now
Shopping is a central focus for YouTube this year. Meet the 2 execs leading its push into the market.
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Shopping is a central focus for YouTube this year. Meet the 2 execs leading its push into the market.

YouTube has rolled out its Shopping tools to roughly 1,000 creators and is laying the groundwork for monetization.

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Amazon aggregator Razor Group set to acquire rival Factory14 in multi-million dollar deal as European market shows signs of consolidation
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Amazon aggregator Razor Group set to acquire rival Factory14 in multi-million dollar deal as European market shows signs of consolidation

The Berlin-based company will take on Factory14's whole team and portfolio, sources familiar with the deal said.

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