Money
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GDP data shows U.S. economy shrank more than previously thought in early 2025
The U.S. economy faced a faster contraction than previously estimated in the first quarter of 2025, marking the first decline…
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Supreme Court upholds FCC fund to expand phone and internet access
The recent Supreme Court decision upholding the Federal Communications Commission’s Universal Service Fund has significant implications for expanding phone and…
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Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows
Americans are feeling less concerned about inflation as President Donald Trump eases off on his tariff threats, according to a…
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Anna Wintour stepping back from editorial role at U.S. Vogue
Anna Wintour, the iconic global editorial director of Vogue, has announced a step back from her editorial duties at the…
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PCE report today shows U.S. inflation ticked higher in May as consumers pared spending
The latest data on the personal consumption expenditures price index (PCE) indicates a slight increase in inflation, with prices rising…
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The Trump tariffs aren’t causing U.S. prices to spike. Here’s why.
Despite concerns earlier this year that President Trump’s tariffs would cause a renewed bout of inflation, the prices of goods…
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Investor Warren Buffett announces $6 billion in donations to 5 foundations
Warren Buffett, the renowned investor, made headlines recently by donating $6 billion worth of Berkshire Hathaway stock to five different…
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Missing the Mark: When Punishment Reinforces the Wrong Behavior
Secretary of Transportation Sean Duffy’s recent comments regarding pilot accountability in the wake of aviation accidents have sparked controversy and…
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Trump says he’s “terminating all discussions on trade with Canada, effective immediately”
President Trump made a bold statement on Truth Social, announcing the termination of all trade discussions with Canada following the…
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Chrysler recalling more than 250,000 Voyager and Pacifica vehicles to repair potential airbag problem
Chrysler Recalls Pacifica and Voyager Vehicles for Side Curtain Airbag Issue Chrysler has announced a voluntary recall of certain 2022-2025…
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