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Economy
July PCE: Fed’s favored inflation gauge remained elevated
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in July, as the…
IRS increases business mileage tax deduction rate by 2.5 cents for 2026
People who use their cars for work will be able to deduct more money per…
Mortgage rates fall to 5.98%: Freddie Mac
Mortgage rates fell below 6% this week for the first time in three and a…
American Express plans 55-floor building at 2 World Trade Center in Manhattan
American Express has announced plans for the construction of a 55-floor building at 2 World…
JPMorgan’s Jamie Dimon warns current markets echo 2008 financial crisis
JPMorgan Chase CEOÂ Jamie Dimon issued a warning that some of the conditions in financial markets…
Luxury automaker Aston Martin announces major workforce reduction cuts
British luxury automaker Aston Martin said on Wednesday that it will cut up to 20%…
FDA announces recall of Elite Treats dog treats over salmonella concerns
The Food and Drug Administration announced Tuesday a recall of bags of certain dog treats…
February consumer confidence improves on labor market expectations
Consumer confidence ticked higher in February as American households' expectations for the labor market improved.…
Byrna Technologies moves manufacturing to US amid tariff concerns
A company that makes self-defense products has spent the last few years moving much of…
FedEx sues US government for refund of President Donald Trump tariffs
FedEx sued the U.S. government Monday, seeking a full refund of tariffs assessed under President…
Homebuyers gain over $30,000 in purchasing power from lower mortgage rates
A new analysis finds prospective homebuyers have seen their purchasing power rise in the last year…
Trump Organization signs $1 billion Australia skyscraper development deal
The Trump Organization signed an agreement to build a $1 billion skyscraper on Australia's Golden…
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