WeWork Bankruptcy Filing Caps Dramatic Fall; Jobs Report Sparks Rally
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WeWork filed for bankruptcy, falling dramatically from a $47B valuation in 2019 to near 0.1% of that now.
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US added fewer jobs than expected in October; investors took it as a sign interest rates may fall sooner.
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After dismal months, US shares surged with the S&P's best week since Nov 2022.
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Uber reported a rare operating profit of $394M, compared to a $495M loss last year.
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Hollywood actors ended a 118-day strike after reaching a deal, resolving delays to major films.