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Retail sales fell 0.6% in November as consumers feel the pressure from inflation
Consumers pulled back on spending in November, failing to keep up with even a muted level of inflation for the…
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Experts: China Unlikely to Sway North Korea on Missile, Nuclear Tests
Washington – Given its frayed relationship with Washington, Beijing is unlikely to heed U.S. and South Korean calls to urge…
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Elon Musk is no longer the richest person in the world
SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard (not pictured) at…
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Here’s everything the Federal Reserve is expected to do Wednesday
Call it a sign of the times where a half percentage point interest rate increase from the Federal Reserve is…
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Fed raises interest rates half a point to highest level in 15 years
The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating the fight…
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Consumer prices rose less than expected in November, up 7.1% from a year ago
Prices rose less than expected in November, the latest sign that the runaway inflation that has been gripping the economy…
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The Pentagon unveiled the new B-21 Raider stealth bomber
The newest American stealth bomber was shown to the public on Friday after years of secret development, BTA reported. The…
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The Fed’s path to a ‘Goldilocks’ economy just got a little more complicated
A ‘help wanted’ sign is displayed in a window of a store in Manhattan on December 02, 2022 in New…
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Payrolls and wages blow past expectations, flying in the face of Fed rate hikes
An employee works at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters Job…
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Senate approves bill enforcing railroad labor agreement before strike deadline, sends to Biden
The Senate passed legislation that would force a tentative rail labor agreement and thwart a national strike. A separate vote…
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