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Average American enjoys 216-minute ‘buzz’ from bargain shopping

Posted by August 7, 2024

(Credit: Andrea Piacquadio from Pexels) NEW YORK — In an era of rising prices and economic uncertainty, Americans are finding solace and excitement in the ar

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Is the US headed for a recession?

Posted by August 4, 2024

The unexpected rise in the unemployment rate in the United States has left economists divided: Is the US on the brink of a recession or not? The unemployment ra

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Stock market today: Dow drops 800 on weak jobs data…

Posted by August 2, 2024

NEW YORK -- Stocks are tumbling Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation.The S&P

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US hiring fell sharply in July, an unexpected setback for…

Posted by August 1, 2024

WASHINGTON -- The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight month with r

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US hiring fell sharply in July, an unexpected setback for…

Posted by August 1, 2024

WASHINGTON -- The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight month with r

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U.S. job openings fall slightly to 8.2 million as high…

Posted by July 30, 2024

WASHINGTON -- U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates.There were

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Wall Street week ahead: Spotlight on Fed rate decision, jobs…

Posted by July 28, 2024

Next week, the focus of Wall Street investors will be on the US Federal Reserve’s monetary policy decision and Chair Jerome Powell’s press conference.The ce

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Higher tax rates, smaller child tax credit and other changes…

Posted by July 22, 2024

Biden/Trump debate: Cutting taxes, national debtPresident Biden and former President Trump confront each other over the economy.At the stroke of midnight Dec. 3

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Wall Street today: S&P 500, Nasdaq drop on big tech…

Posted by July 17, 2024

Wall Street: S&P 500 and Nasdaq declined on Wednesday, with major chip and tech stocks leading the fall on worries about trade sanctions on companies giving

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At the open: North American stock markets slide as megacap…

Posted by July 17, 2024

Canada’s main stock index opened lower on Wednesday, dragged down by a technology sector rout on Wall Street, though gains in gold and oil shares helped limit

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Inflation in U.S. drops as consumer prices unexpectedly fell in…

Posted by July 11, 2024

U.S. consumer prices unexpectedly fell and the annual increase was the smallest in a year, reinforcing views that a trend of dropping inflation was back on 

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Powell stresses message that US job market is cooling, a…

Posted by July 10, 2024

WASHINGTON -- Federal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing attention to a slowing job market and not onl

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