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Fast food struggles to hire as demand soars, U.S. economy roars Via Reuters: Taco Bell wants to hire at least 5,000 employees in one day, it said on Tuesday, and is adding benefits for some general managers to sweeten the pot as restaurants struggle to hire enough workers to keep up with a surge in sales amid a broader U.S. economic recovery. Taco Bell, part of Yum Brands Inc, will […]

Strong economic data lift stocks to record highs Via Reuters: World stocks hit record highs on Tuesday, supported by strong economic data from China and the United States, while currency and bond markets paused after a month of rapid gains in the dollar and Treasury yields. Equities as measured by the 49-country spanning MSCI All Country World Index reached a record high as European stocks caught up with gains in […]

GameStop shares fall after announcing share sale plan Via Reuters: GameStop Corp shares fell 12% on Monday after the video game retailer said it may sell up to 3.5 million shares as it tries to take advantage of the stock price surge following the Reddit-driven trading frenzy earlier this year. The company also said global sales for the nine-week period ending April 4 rose about 11%. Its shares were down […]

Wall Street dips, with technology the biggest drag Via Reuters: U.S. stocks ended down slightly on Tuesday, with investors selling tech-related growth shares after U.S. Treasury yields hit a 14-month high. At the same time, the S&P 500 financials, industrials and consumer discretionary sectors rose, extending the recent rotation out of growth and into so-called value names. Tech shares trimmed losses in afternoon trading with Treasury yields off the day’s […]