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Tag: Breaking News: Economy

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Soaring debt and deficits causing worry about threats to the economy and markets

A view shows the U.S. Capitol in Washington, U.S., May 9, 2024. Kaylee Greenlee Beal | ReutersConcern over such eye-popping numbers had been largely confined...

Nvidia and 2 other portfolio stocks report earnings next week. Here’s what we want to see from each

All three major averages closed higher for the week, driven by softer retail sales and consumer price data for April. It was another bad...

Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

"The Walmart experience is better than it used to be, but it's still not a premium experience. Walmart is built on convenience, cost and...

Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart.Even though affluent shoppers helped drive the retailer's latest beat on quarterly results, former Walmart...

McDonald’s $5 value meal is coming in June — and staying for just a month

"We know how much it means to our customers when McDonald's offers meaningful value and communicates it through national advertising. That's been true since...

Powell says inflation has been higher than thought and expects rates to hold steady

Federal Reserve Chair Jerome Powell listens as U.S. Secretary of the Treasury Janet Yellen presides over a meeting of the Financial Stability Oversight Council...

Stocks making the biggest moves midday: Walgreens, GameStop, Intel, Robinhood and more

Check out the companies making headlines in midday trading: Walgreens Boots Alliance — The stock advanced 5.4% on news that Walgreens is looking for...

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