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Money & The Economy
Fed’s Preferred Inflation Gauge Surges Higher In Yet Another Worrying Sign For US Economy
The Federal Reserve’s preferred inflation gauge measured above expectations in March as the U.S. continues to see a surge in…
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Money & The Economy
Top Automaker Takes $1.3 Billion Dollar Bath On Key EV Line
Top American automaker Ford hemorrhaged over a billion dollars on electric vehicles (EV) in the first quarter, leading to massive…
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In The News
Biden Vowed To Protect American Steel — But Another Effort Of His Could Destroy It
President Joe Biden in recent days has taken a harsh stance on foreign steel manufacturers in a bid to strengthen…
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In The News
The Oil And Gas Industry Might Be What’s Keeping Biden’s Economy Humming On Paper Despite ‘Regulatory Assault’
Oil and gas production is stubbornly hanging on as a key source of economic growth amid a “regulatory assault” from…
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World News
Western Financial Firms Slash Operations In China As Concerns About Country’s Lagging Economy Grow
Western financial firms are cutting their operations in China as the country’s economy fails to show significant signs of improvement,…
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Science, Technology, and Social Media
Apple Cooperates With Chinese Censorship Demands, Removes Popular Messaging Apps From Store
Tech behemoth Apple complied with an order from the Chinese government to remove popular messaging apps from the company’s app…
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In The News
California Is Taking On Huge Debts To Pay Jobless Workers As Its Deficit Gets Bigger
California is billions of dollars in debt to the federal government to pay for its unemployment insurance trust at a…
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Money & The Economy
Electric Vehicle Maker Launches Another Round Of Layoffs As Demand Slows
Electric vehicle (EV) manufacturer Rivian announced its second round of layoffs just this year on Wednesday as consumer demand for…
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Money & The Economy
Home Sales Drop In March As Mortgage Rates Surge Over 7%
Existing home sales shrank in March as consumers respond to continuing price increases and rising mortgage rates. Sales for existing…
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In The News
California’s High-Speed Rail Isn’t Built, But It Is Putting Money In Unions’ Coffers
Democratic officials are throwing billions at California high-speed rail projects that have yet to be built, funding thousands of jobs…
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Money & The Economy
Tesla Announces Huge Layoffs As Sales Slow
Electric vehicle (EV) maker Tesla sent an internal memo notifying staff that the company would be laying off more than…
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Money & The Economy
Investors Scramble To Adjust Their Portfolios After Inflation Surge |
Many investors are diversifying their portfolios from standard stocks and bonds as March’s inflation surge casts doubt on economy-boosting rate…
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Money & The Economy
There’s One Thorny Issue Stopping Inflation From Going Away
Inflation continues to dog Americans thanks in large part to sky-high housing costs, which aren’t going away any time soon.…
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In The News
Here’s How Much Biden’s Newest Student Loan Giveaway Would Cost Taxpayers
President Joe Biden’s new student loan forgiveness plan would cost tens of billions to implement on top of hundreds of…
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Money & The Economy
Prices Edge Even Higher As Fed Chair Speculates If Inflation Is Really Under Control
Inflation jumped year-over-year in March amid speculation over whether the rate of inflation is really decelerating, according to the latest Bureau…
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