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Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
Since retiring two years ago, Joan Harris has upped her travel game. Once or twice a year, she visits her...
Read moreAs home sellers and buyers wait on a Fed cut, here’s how mortgage rates have affected the spring housing market
People looking to buy or sell a home this spring are paying close attention to mortgage rates. The average 30-year,...
Read moreParamount says CEO Bob Bakish is stepping down, will be replaced by a trio of executives
Paramount Global CEO Bob Bakish is stepping down, the company announced Monday, as merger negotiations with Skydance Media continue. Bakish climbed the...
Read moreWalmart launches new grocery brand as it tries to hang on to inflation-fueled growth
Walmart is debuting a new grocery brand, as the discounter tries to retain the shoppers it has attracted during a period...
Read moreMcDonald’s rising prices pushing some diners away
McDonald’s reported mixed quarterly results Tuesday as its reorganization weighed on its profit and boycotts hurt its Middle Eastern sales. The company also...
Read moreWalmart to close 51 clinics as it shutters its entire Walmart Health division
Walmart will close all 51 of its doctor-staffed health clinics as part of an announcement that its Walmart Health initiative...
Read moreParamount and Skydance inch closer to a merger with one last big hurdle remaining
Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling...
Read moreJPMorgan CEO Jamie Dimon hopes for soft landing for U.S. economy but says stagflation is possible
JPMorgan Chase CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but...
Read moreThe new class war: A wealth gap between millennials
The wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating...
Read moreIntel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant.
Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the shares down 10%...
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Starbucks barista strike expands as workers demand pay raises
A Starbucks barista strike is expanding to 5,000 workers at what organizers said was more than 300 stores in 45...
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Digital health companies pummeled by Wall Street in 2024 as industry adapts to post-Covid slowdown
If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year that...
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JONATHAN TURLEY: Biden’s veto of Judges Act makes him a craven partisan, not a Framer
In an age of advocacy journalism, April Ryan has long been a standout. Ryan routinely engaged in diatribes in White House...
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State Department’s ‘Global Engagement Center’ accused of censoring Americans shuts its doors
The State Department’s foreign disinformation center, accused by conservatives of censoring U.S. citizens, shut its doors due to lack of...
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