Economy
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Groups ask trade court to pause Trump's new tariffs amid legal fight
A coalition of advocacy groups called the tariffs both unprecedented and potentially unconstitutional.
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Gross national debt in US surpasses $39 trillion; increases by $1 trillion in less than 6 months
"At the current growth rate, we will hit a staggering $40 trillion in national debt before this fall's elections. Borrowing trillion after trillion at this rapid pace with no plan in place is the definition of unsustainable," Peterson explained.
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Forbes: A record 989 billionaires are in the U.S., 88 are in Texas
The analysis counted a record 3,428 billionaires worldwide living in 80 countries and territories. More than half, 51%, live in three countries: the U.S., China and India.
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Competing crypto plans create 'narrow path' for adoption
The Clarity Act would give the Commodity Futures Trading Commission a key role in regulating digital commodities, but keep some aspects of Security and Exchange Commission authority over crypto transactions, according to a report from the Congressional Research Service.
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Mamdani says to boycott Starbucks during worker strike
"Together, we can send a powerful message: No contract, no coffee," New York City Mayor-elect Zohran Mamdani said
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Walmart CEO to retire next year
The head of Walmart’s U.S. operations, John Furner, will succeed CEO Doug McMillon on Feb. 1
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Americans report strain from increasing household debt
Total household debt increased to $18.59 trillion in the third quarter of 2025, or $990 billion below the all-time 2008 high of $19.57 trillion.
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Kimberly-Clark to buy Tylenol maker Kenvue for nearly $50 billion
The announcement comes weeks after President Trump made claims linking Tylenol to autism in pregnant women's unborn babies, lowering Kenvue’s stock. The company has pushed back against the Trump administration’s accusations.
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Ranchers decry beef imports from Argentina, expert says good start
Agriculture Secretary Brooke Rollins recently noted that Americans consume about 12 million metric tons of beef.
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While US stocks prices stay high amid Trump's tariff-trade agenda, European stocks struggle
The US stock market continues to hover its record heights, as Wall Street wade through such up-and-down developments including US-China trade war to Big Tech profits
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Amazon layoffs threaten Seattle’s payroll tax and holiday sales revenue
Amazon is laying off 2,303 Washington-based employees.
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Federal Reserve cuts interest rates for second time this year
The Fed cut the rate by a quarter of a percentage point.
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Amazon cuts 14,000 corporate jobs amid AI transition
"The reductions we’re sharing today are a continuation of this work to get even stronger by further reducing bureaucracy," Amazon Senior VP Beth Galetti said