Economy
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New Orleans mandated affordable housing. Developers stopped building
City Council is rolling back mandate after 2025 report found it had failed to produce a single apartment complex since being passed in 2020.
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Trump announces South Korea trade deal to include $8.4B for oil recovery
Since returning to the White House, Trump has attempted a comprehensive overhaul of global trade relations in a bid to improve American standing.
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US economy added 29,000 jobs in September, monthly jobless rate increased to 4.2%: Labor Department
Economists surveyed by Dow Jones expected job growth of 84,000.
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Unemployment claims fall to lowest level since mid-July signaling high job security
So far this year, unemployment claims have remained below 220,000, which is a historic low.
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Key inflation gauge shows consumer prices increased 0.3% from July to August, less than expected
Excluding food and energy, the Personal Consumption Index increased 0.2%.
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Sixteen trucking companies file for bankruptcy in less than one month amid high fuel prices
The Chapter 7 or Chapter 11 protection filings hit small owner-operators and fleets operating dozens of trucks.
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Trump insists Ukraine war more to blame for energy costs than Iran war
He also confirmed that he was considering a diesel export ban to stabilize prices.
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August orders for big-ticket goods made in U.S. beat expectations
Orders of “durable goods” are orders placed with U.S. manufacturers for big-ticket items that typically last at least three years, like industrial machinery, appliances, electronics, vehicles and furniture.
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Farmers face 'a lot of uncertainty' as record diesel prices squeeze operations
The cost of diesel fuel hit a record high of nearly $6.61 a gallon this week.
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Starbucks to close 250 stores, COO confirms
The company announced the layoff of 300 corporate employees in May.
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Wisconsin lawsuit filed over forced union membership, dues
Plaintiff argues in the class action that prior federal court decisions related to Right to Work in Wisconsin were decided incorrectly.
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Unemployment claims drop to 196,000, lowest level since mid-July, beating expectations
For the past year, jobless claims have remained within a historically low range of 200,000 to 230,000 per week.
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Jeff Clark recruits lawyers for new law firm to 'combat government weaponization'
The law firm, Clark said, will "combat government weaponization of all types, but especially abuses of congressional and state legislative branch oversight, perversion of bar discipline processes, and securing the dismissal of bogus criminal indictments."