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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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Money & The Economy
JPMorgan CEO Slams Biden’s Natural Gas Pause, Issues Warning About Economy
Jamie Dimon, long-time CEO of JPMorgan Chase, criticized the Biden administration’s pause on new liquified natural gas (LNG) projects and…
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In The News
Blue City Board Wants To Let Residents Sue Grocery Stores For Closing
Two members of the San Francisco Board of Supervisors introduced an ordinance to be considered that would require grocery stores…
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Money & The Economy
Bidenomics At Work? Part-Time Employment Surges For Another Month While Full-Time Falters
The number of Americans working part-time jobs surged in March, while full-time jobs declined slightly, according to data from the…
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Money & The Economy
Latest Job Gains Fueled By Foreign-Born Workers, Gov’t Employees
Huge job gains reported by the Bureau of Labor Statistics (BLS) in March were fueled largely by increases in government…
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In The News
Boeing Insider Lays Out Company’s Descent Into Diversity Obsession
In an interview published Wednesday in the City Journal, journalist Christopher Rufo talked to a Boeing insider who blamed the…
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Money & The Economy
Layoffs Surge To 14-Month High As Inflation Crushes Employers
The number of people laid off from American companies reached the highest point since January 2023, according to data from…
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In The News
Disney Shareholders Reject Major Push From Activist Investors
Disney shareholders on Wednesday voted down a bid by hedge fund Trian Partners to put two activist investors on the…
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