Business & Economy
Insights into financial markets, business trends, and economic shifts.
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A Trump-induced interest rate cut won’t actually lower mortgage rates
A pressured interest rate cut won’t actually lower mortgage rates. It could do the opposite, an economist said. If there…
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Treasury market’s ‘new world order’ brings fear of the long bond
The “Sell America” trade that gripped markets this month has left a potentially lasting dent in investors’ willingness to hold the US…
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‘I’m not looking’ — Americans close to retirement are afraid to check their account balances
Michael Montgomery used to check the balance on his retirement account once a week and smile. But lately, not wanting…
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Shein hikes US prices as much as 377% ahead of tariff increases
Fast-fashion giant Shein Group Ltd. raised US prices of its products from dresses to kitchenware ahead of imminent tariffs on…
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CEOs are in distress and consumers fear job losses amid ‘stagflation shock,’ analysts warn
Stagflation is the combination of slow growth and rising inflation and trade wars are a “stagflation shock,” according to Apollo…
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Trump’s polls decline near 100-day mark, raising tax-plan stakes
Voter discontent with President Donald Trump’s economic stewardship is sinking his popularity as he approaches the symbolic 100-day mark of…
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A starter home now costs $1 million in half the states in the U.S., report reveals
Buying a starter home as a first-time buyer is supposed to be exciting, and a recognition of financial security. But…
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Teen pageant winner supports Trump’s coal industry push
West Virginia Coal Festival teen beauty pageant winner Ava Johnson, 16, collects small pieces of coal left behind at the…
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Big tech’s earnings problem is estimates may be way too high
The last time Big Tech delivered earnings, Donald Trump had just started his term, stocks were soaring on expectations of…
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Nine killed after a Vancouver man allegedly drove his car into a Lapu Lapu Day festival crowd
Steve Rai, Vancouver Police interim police chief, speaks during a news conference about a vehicle and a suspect involved in…
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