Economic News
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TGI Fridays files for bankruptcy protection as sit-down restaurant struggles continue
Restaurant chain TGI Fridays says it has filed for bankruptcy protection as it looks for ways to “ensure the long-term viability” of the casual dining brand
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Harris team warns CEOs that Trump is a threat to economy, while Trump says tariffs can drive growth
Kamala Harris’ campaign is actively warning business leaders that Donald Trump has a pattern of disregard for democracy and the rule of law that would threaten U.S. economic growth
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US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls
America’s employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls
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IRS announces pension and retirement plan contribution adjustments for 2025
The IRS has announced an increase to the amount individuals can contribute to their 401(k) plans in 2025, to $23,500, up from $23,000 in 2024
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Boeing workers will vote on a new contract offer to end 7-week-old strike
Striking workers at Boeing will vote on a new contract offer next week
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Court approves Tupperware's sale to lenders, paving way for brand's exit from bankruptcy
A U.S. bankruptcy judge has approved a sale of Tupperware Brands
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Working Well: Seeking the elusive work-life balance, one step at a time
It’s no surprise that workers feel burned-out
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Average rate on a 30-year mortgage in the US rises for fifth straight week
The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August
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Inflation gauge closely watched by the Fed falls to lowest level since early 2021
As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels
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US applications for jobless benefits fall as layoffs remain at historically healthy levels
Fewer Americans filed for unemployment benefits last week as layoffs remained at historically healthy levels despite elevated interest rates
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