With Black Friday only about a week away, there are signs consumers aren’t in a jolly, high-spending mood. The Commerce Department said Wednesday that sales by U.S. retailers were 0.1% lower in October than in…
Business
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Prices for consumers are growing at a slower pace, the U.S. government reported Tuesday morning, as overall prices in October were the same as what consumers paid in September. The Bureau of Labor Statistics says…
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Business
Home Depot says the worst of inflation is over — that could be good news for retailers and shoppers
Even as Home Depot forecast sales declines, the retailer had good news for investors and consumers on Tuesday. “I think the most important observation we’ve made is that the worst of the inflationary environment is behind us,” Chief…
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If the federal government shuts down Saturday, numerous publicly funded agencies will stop work and their employees won’t be paid, but Social Security checks will still go out. Social Security is considered a mandatory program,…
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Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised by U.S. lawmakers and the federal consumer watchdog, in a major policy change. The 2,100 financial…
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The U.S. government will release its latest report on consumer prices Tuesday morning, and experts think it will show that inflation is continuing to slow down. Economists surveyed by Dow Jones Newswires and The Wall…
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Americans are starting to feel like shoplifting is becoming an epidemic. It’s becoming a mainstream worry that is contributing to fears about crime and the fate of major cities. New York City is experimenting with…
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Vince McMahon plans to sell a substantial chunk of his stake in TKO, the parent company of WWE, the wrestling empire founded by his father, TKO said in a release Thursday TKO’s stock fell 5% after the closing…
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Business
Why buying a house is still financially beneficial even with sky-high prices and interest rates
It’s becoming harder to enter the U.S. housing market, but for those who have managed to get in, the benefits have often been huge. Investing experts have long said that one of the best reasons…
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Workers at Ford, Stellantis and General Motors are weighing in on the new contracts proposed by their union and the Big Three — and a few of them seem unsatisfied with what they’re being offered.…