Economic News
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Singles' Day shopping festival loses its shine under China's lagging economy
The Singles’ Day shopping festival looks less attractive this year amid a sluggish economy, forcing e-commerce firms to look abroad for growth
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Frustrated Americans await the economic changes they voted for with Trump
Fed up with high prices and unimpressed with an economy that by just about any measure is a healthy one, Americans demanded change when they voted for president
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Stock market today: Wall Street cruises to more records as it closes its best week in a year
U.S. stocks cruised to more records as they closed their best week in a year
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Who will buy Infowars? Both supporters and opponents of Alex Jones interested in bankruptcy auction
The assets of Alex Jones' Infowars are set to be auctioned off next week, and both supporters and detractors of the conspiracy theorist are expressing interest in bidding
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About 1,100 workers at Toledo, Ohio, Jeep plant face layoffs as company tries to reduce inventory
About 1,100 workers at the Stellantis Jeep factory in Toledo, Ohio, are facing layoffs early next year as the company takes further steps to cut high inventory at dealers
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Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
The Federal Reserve cut its key rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week
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Stock market today: Most of Wall Street rises after the Fed cuts interest rates
Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy
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Amazon workers in Alabama will have third labor union vote after judge finds illegal influence
Amazon workers in Alabama will have the opportunity decide whether to unionize for the third time in three years
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Average rate on a 30-year mortgage in the US rises for 6th straight week
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July
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Slightly more Americans apply for unemployment benefits last week, but layoffs remain at low levels
The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels
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