Economy
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Consumer confidence improves in October amid easing gas prices, survey shows
The survey's respondents also expressed improving outlooks on their present situation, which rose 6.9 points to 72.6. Their short-term outlook increased 8.6 points to 120.4, according to The Conference Board.
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Poll: Majority rejects AI fraud detection if eligible people lose out
The Centers for Medicare and Medicaid Services screened 1 billion payments through the Treasury Department’s Do Not Pay system in fiscal 2024 and prevented 363,386 payments worth $2.6 billion, according to the Congressional Research Service.
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You Vote: How will Trump's plan to restore the home ownership dream work out?
The order is aimed at bringing down housing costs for American taxpayers who are looking to buy single-family homes.
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Elon Musk says he'll give a share of SpaceX to every child in America in 2027
There are 72 million children under 18 in the U.S., according to U.S. Census data. Handing a share to every one of them would amount to about $10.5 billion worth of shares, based on the stock price at closing on Friday.
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End-of-week reports show price pressures across US economy
Import prices rose 1.1% from August to September and 8.1% from a year earlier — the largest 12-month increase since July 2022, when prices had risen by 8.8% over the previous year.
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Fed Chair Warsh offers no insight into rate decisions at IMF meeting
Speculation about additional hikes followed reports this week of unexpected increases in inflation.
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Trump immigration lockdown saves taxpayers about $30B a year, but border towns go from boom to bust
The flow of illegal migration along the southern, U.S.-Mexico border is roughly 95% less than it was during the Biden administration.
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Wholesale prices see a 6.3% annual jump in September, much higher than economists expected
Both the monthly and annual increase exceeded forecasts of economists polled by Dow Jones, who expected an increase of 0.6% for the month and 5.5% for the year.
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Trump announces $21B investment by semiconductor firm in NY
Semiconductors are critical components for a wide variety of electronic goods, as well as key security items.
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Consumer prices increased 0.6% from August to September, Labor Department
The price of gasoline increased 9.1% in September, contributing largely to the overall index increase.
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Trump announces automatic enrollment of eligible minors in Trump accounts
The Trump accounts are government-maintained investment accounts that received money from the Treasury and private contributions.
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Mainstream media ignores positive Trump economic indicators in jobs, spending and income data
If one read only legacy news media, they'd come away with a narrative of failure, but the hard data shows otherwise. The poverty rate is at an all-time low, and on the jobs front, "Little change over the month," one agency said in a statement that went on to say "employment across all major industries remain[s] largely steady."
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New Orleans mandated affordable housing. Developers stopped building
City Council is rolling back mandate after 2025 report found it had failed to produce a single apartment complex since being passed in 2020.