Economy
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US trade deficit drops to lowest level since 2020 in win for Trump
Trump in 2016, defied Republican free-trade orthodoxy by supporting the imposition of tariffs, a position he has maintained throughout his political career.
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Federal Reserve cuts interest rates for third consecutive time
The reduced rate is the lowest it has been in nearly three years
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JPMorgan Chase CEO Jamie Dimon: 'We do debank,' but not 'for religious or political affiliations'
"I don't like debanking people," JPMorgan Chase CEO Jamie Dimon said
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Paramount launches hostile takeover bid for Warner Bros after Netflix deal struck
“The Paramount offer for the entirety of WBD provides shareholders $18 billion more in cash than the Netflix consideration,” the company said
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Everyday Economics: The case for a December rate cut
So far, inflation data is a far cry from the worst-case fears that tariffs would send prices sharply higher.
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Dollar General announces plans to open 450 more stores nationwide in 2026
The new projected openings also comes after Dollar General opened 575 stores in the United States in 2025. The company currently operates nearly 21,000 stores nationwide.
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Trump tariffs have mixed impact on Europe's economy, carmakers hit hard, luxury exporters just fine
Also struggling to adjust are European makers of electric vehicle batteries and components, industrial machinery and high-precision instruments.
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Core inflation at 2.8%: Commerce Department
Driving much of the increase were hikes to the costs of health care, utilities, and myriad services.
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Netflix announces $72 billion deal to buy Warner Bros film and streaming assets
The companies estimated the transaction would close in 12 to 18 months, after the TV networks' separation, which is now expected in the third quarter of 2026
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Another Democrat fizzle after Black Friday boycott results in record-breaking shopping
Unlike Trump's first term, when criticisms and tactics often swayed voters away from Trump and his policies, Americans are well-versed in the maneuvers of Trump's critics, and in many cases, it's backfiring.
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Consumer slowdown, fraying margins, and a big test for the Fed
Once you adjust for inflation, Americans actually bought less stuff than the month before
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Trump Bump: Black Friday spending soars as 2025 poised to be first quarter trillion dollar season
Adobe Analytics said that Artificial Intelligence played a role in boosting traffic to online retail sites.
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Annual survey shows drop in Thanksgiving dinner costs for 2025
A turkey-centric feast for 10 people will cost about $55.18, a 5% decrease from last year's $58.08.