Economy
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US economic freedom reverses decline, has biggest annual increase in 25 years: Heritage Foundation
The U.S. economic freedom score increased by 2.6 points from last year to 72.8, ranking 22nd among the more than 176 countries that had completed scores in the index
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Price of oil tops $100 per barrel for first time since 2022 as war in Iran continues
Energy Secretary Chris Wright predicted on Sunday the rising oil prices would be temporary.
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BlackRock summit to focus on workforce needed for U.S. infrastructure boom
A coalition of government officials, corporate executives, and labor leaders is gathering in Washington next week to address what many see as the biggest obstacle to a new wave of U.S. infrastructure investment: finding enough skilled workers to build it.
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Facebook announces end to short-lived crypto system
“Pilot” of Novi will cease after Sept. 1.
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Gas prices continue slight downward trend ahead of July 4, still sharply elevated from year ago
Prices still up by more than 50% year-over-year.
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Facebook parent company Meta slashes hiring plans by 30% amid 'serious' signs of economic turmoil
Zuckerberg predicts "one of the worst downturns" in recent history.
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Key Federal Reserve indicator suggests U.S. is already in recession territory
Economy shrank by 1% in June, Fed of Atlanta says.
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Bitcoin continues volatile price fluctuations as it repeatedly dips below $19k
Cryptocurrency has dropped from sky-high ceiling in November and continues to slide.
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Mortgage rates highest since 2008 as housing market continues to cool off
White-hot real estate market is slowing down as fewer properties get snatched up.
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Inflation pain: Ahead of July 4th, costs of cookout have jumped nearly 20% year-over-year
Costs near $70 for average-sized barbecue.
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Toyota issues major recall of electric vehicle due to tire malfunction
Company is unsure what is causing the major safety issue.
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You Vote: Who's to blame for historically high gas prices?
Biden continues to point finger at Russia and Big Oil for Americans paying more at pump.
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You Vote: Should Congress pass Biden's proposal to suspend the gas tax?
Presidential plan comes as gas prices remain at historic highs