Inflation pressure lingering from pandemic is keeping Fed rate cuts on pause
WASHINGTON — Hopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of...
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Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to pivot...
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Weekly mortgage demand drops to three-month low as rates begin climbing again
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact...
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American Eagle profit soars, but sales grow slower than expected
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak...
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T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal
Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s stores,...
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