Economy
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Report finds Americans are still paying off credit debt from last Christmas
Study was done by WalletHub.
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U.S. economy sets 2-year high for growth, exceeding analysts' expectations by more than 40%
Plunge in private business investment from second quarter nearly stopped in third quarter, down just 0.3%, Commerce Department says.
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Consumer prices increased in November at annualized rate of 2.7%, lower than expected
The rate was lower than the projected 3.1% by Wall Street.
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UPS to cut 20,000 jobs, close 73 buildings amid less Amazon deliveries
"These actions will enable us to expand our U.S. Domestic operating margin and increase profitability," said UPS Chief Financial Officer Brian Dykes.
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Amazon to show tariff costs on each product, WH calls move 'hostile and political'
Each product will show how much of its cost is from tariffs, next to the total listed price.
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Consumer confidence low in April, latest index shows
The university's Consumer Sentiment Index on Friday came in at 52.2 for April.
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China exempts a few semiconductors made in US from tariffs
President Donald Trump said the U.S. is having discussions with China about a tariff deal. Bejing has denied these claims.
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Once a tariff critic, economist Steve Moore now backs Trump's policy: 'Buy America, sell China'
"We need to start a movement of Buy America, sell China," Moore said. "This is something every one of us as individuals can do to change the direction of what's going on in our country."
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Home sales post 5.9% drop ahead of spring selling season
Sales decreased in all four major U.S. regions.
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Treasury Secretary Bessent says opportunity for 'big deal' with China, amid trade-tariff talks
Bessent said that Bejing's economic market isn't stable, and both countries need a strategy to benefit both nations.
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Trump says China tariffs will decrease 'substantially'
The statement from Trump potentially signals a shift in the ongoing trade war with China.
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Pharmaceuticals company from Switzerland to invest $50 billion in US over next 5 years
The new manufacturing facilities will be in Indiana, California, Pennsylvania and Massachusetts.
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Dow Jones closes with a 971-point loss amid Trump, Powell conflict
The Dow closed the day with a 2.48% drop, while the S&P 500 and the Nasdaq Composite closed with 2.36% and 2.55% losses respectively.