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Money & The Economy

Economy Continues To Grow Despite Iran War-Driven Headwinds
The U.S. economy showed surprising resilience Wednesday as growth was revised sharply higher, consumers continued spending and inflation came in…
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Science, Technology, and Social Media

Anthropic IPO Prospectus Reveals $8 Billion Operating Loss
Anthropic posted a roughly $42 billion net loss in 2025 as soaring computing costs and a massive accounting charge overwhelmed…
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Money & The Economy

Unemployment-Related Numbers Near Historic Lows. So Why Are Americans Fearful Of Future Job Market?
Americans grew increasingly fearful about the future of the job market even as unemployment remained relatively low and new applications…
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Money & The Economy

Americans Turn To Riskier Mortgages As Borrowing Costs Explode. Sound Familiar?
Americans are increasingly turning to adjustable-rate mortgages to escape borrowing costs above 7%, reviving a type of home loan that…
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Science, Technology, and Social Media

Nvidia Just Smashed Stock-Buyback Record
Nvidia authorized a record $150 billion increase to its share repurchase program Monday as the artificial intelligence boom continued to…
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Money & The Economy
Inflation Fears Surge As Economic Expectations Plunge
Americans grew more pessimistic about the economy in September as inflation expectations surged and consumers braced for higher fuel prices…
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Money & The Economy

Apartment Owners Face Refinancing Squeeze As $297,000,000 Billion In Debt Comes Due
Hundreds of billions of dollars in apartment debt is coming due as property owners confront higher borrowing costs, weaker rents…
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In The News
DoorDash Agrees To Fork Over $130,000,000 After Admitting It ‘Screwed Up’ By Not Paying Workers
DoorDash agreed Tuesday to pay New York City $131.5 million after an investigation found the delivery giant underpaid, failed to…
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Money & The Economy

Prediction Market Biz Asks Regulator To Let Traders Bet With Borrowed Money. What Could Possibly Go Wrong?
Prediction market giant Kalshi asked federal regulators to let institutional traders use borrowed funds on event contracts, potentially pushing the…
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Science, Technology, and Social Media

AMD Cracks $1 Trillion As AI Frenzy Sends Chip Stocks Soaring
Advanced Micro Devices briefly crossed $1 trillion in market value for the first time Monday as renewed enthusiasm for artificial…
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Money & The Economy

Mexico Moves To Buy American, Box Out China In USMCA Push
Mexico pledged Monday to buy more American goods and curb Chinese imports as it sought a trade deal with the…
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In The News

Hollywood Giant Reportedly Considering Exit From California To Tennessee
Paramount Skydance was reportedly shopping for office space in Nashville, Tennessee, as the Hollywood giant weighed shifting operations out of…
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Money & The Economy

Here’s What Fed Rate Hike Means For Your Wallet
The Federal Reserve’s Wednesday interest-rate hike could make carrying credit-card balances and taking out some new loans more expensive, while…
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Money & The Economy

Mortgage Rates Rocket Above 7% Just Months After Falling Below 6%
American homebuyers are facing sharply higher borrowing costs after a widely watched mortgage rate measure surged above 7% Tuesday, reversing…
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In The News

Liberal Strongholds Home To America’s Stingiest Tippers
Some of America’s most liberal jurisdictions are home to the country’s stingiest restaurant tippers. California, Washington state and Washington, D.C.,…
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