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Facebook inflicted ‘lifelong trauma’ on Kenyan content moderators, campaigners say, as more than 140 are diagnosed with PTSD

By Billy Stockwell, CNN (CNN) — Campaigners have accused Facebook parent Meta of inflicting “potentially lifelong trauma” on hundreds of content moderators in Kenya, after more than 140 were diagnosed with PTSD and other mental health conditions. The diagnoses were made by Dr. Ian Kanyanya, the head of mental health services at Kenyatta National hospital

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Party City files for bankruptcy

By Auzinea Bacon and Jordan Valinsky, CNN (CNN) — Party City filed for bankruptcy Saturday for the second time in less than two years. The filing comes after the retailer told employees Friday it would begin “winding down” operations. The nation’s largest party supply chain said in a statement that filing for Chapter 11 bankruptcy

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The Zelle peer-to-peer payment network is owned by seven of the largest US banks and has more than 2

JPMorgan Chase, Bank of America and Wells Fargo sued for failing to prevent fraud on Zelle

By Jeanne Sahadi, CNN (CNN) — The Consumer Financial Protection Bureau said Friday it filed a complaint against three of the country’s largest banks and the operator of Zelle, the most widely available peer-to-peer payment system, “for allowing fraud to fester” on that network. CFPB alleges that, as a result, hundreds of thousands of customers

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The Fed’s go-to inflation gauge ticked up less than expected last month

By Alicia Wallace, CNN (CNN) — The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were expecting, an indication that price hikes aren’t accelerating in a worrisome fashion. Still, cost of living concerns are growing as 2025 approaches and uncertainty widens about potential inflationary global events

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