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Producer Inflation Comes In Hot. The Fed Will Still Cut.
Producer inflation remained too high in November, but there were signs of progress below the surface. An interest-rate cut by the Federal Reserve at its Dec. 17-18 meeting remains all but assured.
McDonald's employee who called 911 in CEO's shooting is eligible for a reward, but it will take time
More than 400 tips were called into the New York Police Department's Crime Stoppers tip line during the five-day search for a masked gunman who ambushed and fatally shot UnitedHealthcare CEO Brian
Tired of overdraft fees? A new Biden administration rule would cap them.
Bank overdraft fees, pricey penalties charged to customers who overdraw their accounts, face a cap under new rules released Thursday.
Canada Weighs Export Taxes on Uranium, Oil If Trump Starts Trade War
Canada is examining the use of export taxes on major commodities it exports to the US — including uranium, oil and potash — if incoming President Donald Trump carries out his threat to impose broad
Adobe’s ‘Delayed Gratification’ on AI Worries Investors
Adobe stock is tumbling on Wednesday after guidance disappoints. Investors are concerned the company isn’t yet seeing major gains from its AI offerings.
Le Pen’s Takedown of Barnier Holds Lessons for Next French PM
France’s outgoing prime minister Michel Barnier learned a hard lesson his successor should also know. There is no placating Marine Le Pen.
ServiceTitan Stock Surges in Trading Debut
Software platform stock ServiceTitan rose sharply in its trading debut Thursday. The shares, which trade under the ticker symbol “TTAN” on the Nasdaq Global Market, were priced at $71 each on
Russia Nears Deal With New Syria Leaders to Keep Military Bases
Russia is nearing an agreement with Syria’s new leadership to keep two vital military bases in the Middle East state, a key objective of the Kremlin after the fall of President Bashar al-Assad.
What’s next for banks amid noise around new overdraft-fee cap
Consumer groups applauded the move, but banks said customers could be driven toward more expensive options such as payday loans.
Donald Trump praises Elon Musk after ringing bell at New York Stock Exchange
Trump rang the bell opening the trading markets on Thursday to celebrate the announcement that he is Time Magazine’s Person of the Year.
US Household Wealth Climbs to a Record on Higher Stock Values
US household wealth rose to a fresh record in the third quarter, fueled by a stock-market rally ahead of the presidential election.
Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, welcome relief for prospective homebuyers during what's typically a less competitive time of the year for the
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