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Economy
Mortgage rates dip slightly to 6.74%: Freddie Mac
Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest…
Fed cuts rates for third consecutive time, signals only one cut in 2026
Federal Reserve policymakers cut interest rates for the third straight meeting on Wednesday while signaling…
Klarna losses double as Buy Now Pay Later defaults reach 17% amid inflation
Consumers are failing to make payments on their short-term loans. While Klarna, a significant player…
Homebuyers expect recession in next year, many see it as opportunity to purchase
A new survey finds that American homebuyers are anticipating that a recession will occur by early…
Walmart to cut about 1,500 jobs from corporate workforce
Walmart — the nation's largest private employer — is cutting more than 1,000 corporate jobs…
Federal Reserve governor warns markets demand higher rates on US Treasury debt
Federal Reserve Governor Christopher Waller said Thursday that the financial markets have reacted to projected deficits…
Mortgage rates rise to 6.86%: Freddie Mac
Mortgage rates increased to the highest level since mid-February, mortgage buyer Freddie Mac said Thursday.…
Wage stagnation forces fast-food workers into ‘unsustainable’ economic trap
Fast-food employees are struggling to afford necessities and a recent report shows they must work…
What will no taxes on tips cost in tax revenue?
A key element of the tax-cut package that the Trump administration and congressional Republicans are…
Trump threatens Apple and EU with sweeping new tariffs
President Donald Trump on Friday threatened to impose fresh tariffs on both Apple and the…
Texas lawmakers vote to ban hemp products in blow to $4 billion industry
Texas is on the verge of banning nearly all intoxicating hemp products after the Republican-controlled…
Analysts warn shifting iPhone production to US would drive-up costs
President Donald Trump on Friday threatened a tariff on Apple for iPhones not made in…
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