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Economy
Moody’s downgrades US credit rating over persistent budget deficits
Moody's Ratings on Friday announced that it downgraded the U.S. credit rating by one notch…
California bans insurance cancellation, non-renewals in LA areas affected by fires
The state of California's insurance regulator on Friday announced a one-year moratorium on the cancellation…
Bessent: There’s an opportunity for a ‘big deal’ with China
Treasury Secretary Scott Bessent on Wednesday said that there's an opportunity for a "big deal"…
Think venture capital is just a Silicon Valley game? Think again
Venture capital is an increasingly national industry, with investments fueling innovation and job creation in…
The decline in film and TV production in Los Angeles continues
Los Angeles has seen a decline in local film and TV production, causing some to…
Americans lowering wage expectations for new jobs: NY Fed
American workers are lowering their expectations of the pay rate they want to take a…
Bessent believes China impasse over tariffs will be de-escalated
Treasury Secretary Scott Bessent told an investor summit on Tuesday that he expects the U.S.…
IMF cuts US economic growth outlook over tariffs, policy uncertainty
TheĀ International Monetary Fund (IMF) on Tuesday cut its growth forecasts for the U.S. and other…
Walmart, Target discuss ‘path forward’ with Trump amid tariffs
The chief executives of Walmart and Target met with President Donald Trump on Monday to…
A number of companies have promised investments in US manufacturing
Numerous companies have announced investments in U.S. manufacturing in recent weeks.Ā The announcements, which have…
What foreign governments own the most US Treasuries?
The market forĀ U.S. Treasuries plays a critical role in how the federal government finances its…
Walgreens to pay up to $350M for filling illegal opioid prescriptions, Justice Department says
Walgreens has agreed to pay up to $350 million as part of a settlement with…
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