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Economy
Mortgage rates fall to 6.85%: Freddie Mac
Mortgage rates fell for a fifth consecutive week, hitting the lowest level since December but…
China responds with tariffs on US goods after Trump’s tariffs on Chinese imports
China imposed tariffs on some U.S. imports early Tuesday morning in response to new tariffs…
EU retaliatory tariffs against US delayed to mid-April
The European Union (EU) has delayed imposing its first retaliatory tariffs against the U.S. until…
Social Security Administration to require more in-person visits
Those who cannot use an online identity-proving tool will soon need to visit a local…
44% of Washington DC restaurant owners think they’ll close in 2025
Possible restaurant closures are looming over eateries in the nation’s capital. Forty-four percent of full-service…
Federal Reserve leaves interest rates unchanged
The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged…
How many rate cuts does the market expect this year?
Federal Reserve policymakers are meeting this week and are expected to announce a decision on…
Retail sales rebound moderately in February
U.S. retail sales rebounded in February, suggesting that the economy continued to grow in the…
Forever 21’s U.S. operating company filed for bankruptcy on Sunday
Forever 21's U.S. operating company filed for Chapter 11 bankruptcy on Sunday, marking the second…
Distillers, brewers caught in the middle of trade war
The escalating trade war between the U.S. and its allies is affecting U.S. brewers and…
Why DOGE needs a chainsaw
The now iconic image of an elated Elon Musk wielding a chainsaw may be unsettling…
Mortgage rates tick higher to 6.65%: Freddie Mac
Mortgage rates remained near a three-month low this week, mortgage buyer Freddie Mac said Thursday.…
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