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Economy
401(k) ‘hardship’ withdrawals surge to another record as high inflation stings
A record-breaking number of Americans are making emergency withdrawals from their 401(k) retirement plans in…
Philadelphia voters approve first city-run retirement savings program in US
Voters in Philadelphia passed a ballot measure on Tuesday that will create the country's first…
Supreme Court hears Trump tariff case with billions in revenue at stake
The Supreme Court on Wednesday will hear arguments in the case challenging the legality of the…
Bessent says US housing market in recession due to high interest rates
Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that…
Texas becoming popular destination for Wall Street firms
Financial services firms have increased their presence in the state of Texas in recent years as…
Kansas City Fed chief explains dissent from rate cut over inflation concerns
The Federal Reserve cut interest rates for the second time in 2025 last week, though one…
Obamacare premiums set to rise next year: What to know
Americans enrolled in health insurance plans offered through the Affordable Care Act, commonly known as Obamacare,…
BlackRock CEO says US to remain top destination for investment
BlackRock CEOÂ Larry Fink said that the U.S. remains the primary destination for investors to put…
Government shutdown delays third-quarter GDP report as Fed estimates show growth
The ongoing government shutdown delayed the release of the Commerce Department's initial estimate of the…
US airlines raise pressure on Dems to end shutdown and reopen the government
The four largest U.S. airlines are now adding pressure on Democrats to "pass a clean…
Mortgage rates fall to 6.17%: Freddie Mac
Mortgage rates fell for the fourth consecutive week, mortgage buyer Freddie Mac said Thursday. Freddie…
US retailers discounting Hershey’s candy ahead of Halloween: report
American retailers are offering more discounts on Hershey products ahead of Halloween as the candymaker…
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