Business
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Easter spending forecast to climb 5% despite high inflation, recession fears
Shoppers are expected to spend around $23.6 billion this year, compared with $22.4 billion estimated last year, the National Retail Federation...
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Larry Summers warns of economic carnage, millions of lost jobs as a result of Trump’s tariffs
Summers further warned that average American families could lose upwards of $5,000 in household income.
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Bill Ackman defends Trump tariffs after warning the world was on brink of ‘economic nuclear winter,’ attacking Commerce secretary
The hedge fund manager, one of Trump’s most notable business allies during his campaign, doubled down on his call for the president to institute a...
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Rare 10-karat blue diamond from South Africa among $100M worth of gems up for auction
Visitors focused on the 10-karat blue diamond from South Africa, considered one of the most important blue diamonds ever discovered.
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'The situation is urgent': Trump trade rep tells Congress tariffs will go full steam ahead
President Trump's tariff plan is a "drastic overdue change" that will pry open foreign markets for U.S. companies and create an economy that...
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Trump on possible South Korea trade deal: 'Looking good'
President Trump suggested a trade deal could be made with South Korea while its "top team" travels to the U.S.
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Sticker shock: Cost of raising a child soars to nearly $300,000
The cost of raising a child in the U.S. has surged nearly 36% since 2023, with families now spending about $30,000 per year per kid, according to a...
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U.S. Steel rises for a 2nd day after Trump orders new security review of Nippon Steel
Shares of U.S. Steel are rising ahead of the bell after President Trump ordered a new national security review of Nippon Steel's proposed bid to...
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Stock markets rebound amid tariff turmoil; Trump signals he's ready to make deals with some nations
U.S. stocks rebounded Tuesday morning as the markets adjusted to the new reality under President Trump's tariff plans and investors hoped for...
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Treasury Secretary Scott Bessent: Fired federal workers could fill factory jobs created under Trump
Treasury Secretary Scott Bessent said the Trump administration is planning to boost U.S. manufacturing jobs by filling them with fired federal...
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Wall Street points to gains as global markets rebound on tariff roller coaster
World shares and U.S. futures advanced Tuesday, led by gains in Tokyo where the Nikkei 225 shot up just over 6% as markets settled after the shocks...
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China says it 'will not flinch' in trade fight with U.S.
China will fight "to the end" if the U.S. presses forward with its tariff plans and a trade war erupts, a top official said Tuesday.