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Economy
US consumer sentiment holds steady in October despite inflation fears
U.S. consumer sentiment held steady in October, though Americans' concerns about the labor market and inflation…
Cracker Barrel shareholders elect nine of ten board nominees including CEO
A Cracker Barrel board member who has drawn controversy over his DEI background has resigned,…
Jamie Dimon warns states that are driving businesses out will face ‘backfire’
JPMorgan Chase CEO Jamie Dimon warned that high-tax, regulation-heavy states are driving businesses and residents…
40 busiest US airports face 10% flight cuts due to government shutdown
Forty of the busiest airports in the U.S. will see a 10% flight reduction starting…
US layoffs surged in October to 22-year high amid AI adoption, cost-cutting
U.S. employers ramped up layoffs in October to the highest level for the month in…
United Airlines offers refunds to passengers during government shutdown
United Airlines customers with flights booked to travel during the government shutdown will be eligible…
Trump touts growth in private sector jobs, federal workforce reductions
President Donald Trump on Wednesday touted his administration's efforts to curb the size of the…
Private sector adds 42,000 jobs in October: ADP
Companies in the private sector added 42,000 jobs in October, payroll processing firm ADP said…
Supreme Court hears Trump tariff case with billions in revenue at stake
The Supreme Court on Wednesday will hear arguments in the case challenging the legality of the…
Bessent says US housing market in recession due to high interest rates
Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that…
Texas becoming popular destination for Wall Street firms
Financial services firms have increased their presence in the state of Texas in recent years as…
Kansas City Fed chief explains dissent from rate cut over inflation concerns
The Federal Reserve cut interest rates for the second time in 2025 last week, though one…
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