New York Federal Reserve President John Williams on Thursday said inflation is still too high, but he is confident it…
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Business
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BusinessEditor's Pick
Hiring stays strong for low earners — while job growth for middle- and high-earners slows, Vanguard finds
The pace of hiring remains strong for lower-earning Americans, holding steady above its pre-pandemic baseline even as the demand for higher-income workers…
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BusinessEditor's Pick
Dow closes more than 570 points higher to post best day in 2024, stocks wrap a winning May
The Dow Jones Industrial Average jumped Friday for its best session of the year, as investors wrapped up a strong month after…
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Inflation rose about as expected in April, with markets on edge over when interest rates might start coming down, according…
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Top proxy adviser Institutional Shareholder Services on Friday recommended Tesla shareholders vote against the reapproval of CEO Elon Musk’s $56 billion pay package…
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Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s stores,…
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American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak…
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After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact…
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BusinessEditor's Pick
Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to pivot…
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WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of…