The news this week that the government has less than a month before it could start defaulting on its payments has accelerated…
Category:
Business
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Regional bank stocks fell sharply Tuesday as the fallout from the third major bank failure this year continued to put pressure on…
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The Federal Reserve on Wednesday raised interest rates for the 10th consecutive meeting, but signaled those hikes might be done — thanks…
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Business
With car repossessions and home foreclosures rising, some Americans are living on a financial cliff
Karen LeSage needs her car. A 57-year-old single mother living in East Hartford, Connecticut, LeSage needs to drive herself to medical appointments…
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Business
Federal Reserve confronts ‘contradictory’ economy today as it considers next interest rate hike
High prices. High interest rates. Slowing growth. It would all seem to spell an economic downturn. Indeed, many consumers would agree that…
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First Republic Bank has been taken over by federal regulators and will be sold to JPMorgan — making it the third major…
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Plans by Levi’s to test out virtual clothing models generated by artificial intelligence drew swift backlash in the industry late last month.…
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The Walt Disney Co. on Wednesday filed a lawsuit in federal court against Florida Gov. Ron DeSantis and other officials alleging a…
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DETROIT — General Motors plans to end production of its electric Chevrolet Bolt models by the end of this year, CEO Mary Barra told…
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Troubled regional bank First Republic said Monday that its deposits fell 40.8% to $104.5 billion in the first quarter, which saw the collapse of…