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Business
US third-quarter economic growth unrevised at 2.8%
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The U.S. economy grew at a solid clip in the third quarter, the government confirmed on Wednesday, amid robust consumer spending.
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US-based travel companies plan layoffs ahead of 2025
U.S.-based travel companies are trimming their budgets and workforce ahead of next year as falling leisure travel demand from lower-income travelers h...
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S&P 500, Dow touch over one-week highs after business activity data
The S&P 500 and the Dow touched over one-week highs after data showed a still robust economy, while small-cap stocks outperformed large-cap indexe...
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US existing home sales rebound in October
Existing home sales rebounded sharply in October as buyers rushed into the market to take advantage of a brief decline in mortgage rates.
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Uncertainty clouds holiday shopping season after mixed forecasts from Walmart, Target
Retailers are in for a mixed holiday season this year, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing pri...
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Lyft to roll out rider verification badges in safety push
Lyft is rolling out, among other features, verification badges for riders in a bid to improve safety on the ride-hailing platform.
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US opens probe into over 110,000 Ford SUVs on seat belt concern
The National Highway Traffic Safety Administration said it had received three complaints, alleging an inadvertent deployment of the seat belt retracto...
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Motor vehicles, electronic goods lift US retail sales in October
Retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods.
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US weekly jobless claims fall; unemployment rolls shrink
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along.
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Wall St edges higher after inflation data keeps Fed rate-cut hopes intact
Wall Street's main indexes inched higher on Wednesday after in-line consumer price inflation data kept the Federal Reserve on track to deliver another...
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US consumers see lower inflation and debt delinquency risk, NY Fed survey shows
U.S. consumers in October, for the first time in five months, said they saw a lower risk of defaulting on their debt.
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S&P 500, Dow set for best week this year on Trump win, rate cut
The S&P 500 and the Dow edged higher on Friday, putting them on course for their best week this year, as a sweeping Trump victory powered bets of ...
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Boeing strike ends as workers accept new contract
Boeing's factory workers accepted a new contract offer on Monday, ending a bitter seven-week strike that halted most jet production and deepened a fin...
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Boeing workers vote on wage deal that could end strike
Boeing West Coast factory workers will hold a vote on an improved contract offer on Monday that could end a seven-week strike and restart jet producti...
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PepsiCo beats New York state’s ‘predatory’ lawsuit over plastics pollution
PepsiCo won the dismissal of New York's lawsuit accusing the beverage and snack-food company of polluting the environment with single-use plastic pack...
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Weekly jobless claims at five-month low; consumer spending rises solidly
The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer spending increased more than...
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US shippers avoid East Coast ports on risk of second strike
U.S. shippers are steering clear of East and Gulf Coast ports amid worries the dockworkers at those trade hubs will go on strike if their union leader...
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US job openings drop to more than 3-1/2 year low in September
U.S. job openings fell to the lowest level in more than 3-1/2 years in September, pointing to a considerable easing in labor market conditions.
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McDonald’s E. Coli Outbreak Could Worsen Near-Term Sales Decline
McDonald's investors will look for signs of near-term sales disruption from the recent E. coli outbreak when it reports third-quarter results
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