After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact…
Category:
Business
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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…
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BusinessEditor's Pick
IRS announces Direct File as permanent free tax-filing option starting next year
The Internal Revenue Service announced Thursday that its experimental Direct File free tax-filing option for simplified tax returns would become…
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BusinessEditor's Pick
Orange juice prices are going through the roof — forcing some makers to consider alternative fruits
Orange juice prices have climbed to fresh all-time highs amid persistent supply constraints, pushing the industry into crisis mode and forcing…
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A top McDonald’s executive is weighing in on claims that the company has jacked up its prices. Joe Erlinger, president of McDonald’s…
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BusinessEditor's Pick
Nissan issues ‘do not drive’ warning for 84,000 older-model vehicles over Takata air bags
Nissan has issued a ‘do not drive’ warning for about 84,000 older-model vehicles because they carry recalled Takata-made airbags. The…
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BusinessEditor's Pick
Bank of America CEO says U.S. consumers and businesses have turned cautious on spending
U.S. consumers and businesses alike have turned cautious about spending this year because of elevated inflation and interest rates, according…
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The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt…
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Stellantis plans to offer a $25,000 all-electric Jeep vehicle in the U.S. “very soon” to better attract mainstream consumers amid slower-than-expected…