Economy
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Mainstream media ignores positive Trump economic indicators in jobs, spending and income data
If one read only legacy news media, they'd come away with a narrative of failure, but the hard data shows otherwise. The poverty rate is at an all-time low, and on the jobs front, "Little change over the month," one agency said in a statement that went on to say "employment across all major industries remain[s] largely steady."
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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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Jordan Peterson announces World Economic Forum alternative
He said the meeting will present an "alternative to that kind of apocalyptic narrative" that's being put forward by the World Economic Forum.
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Sale of infamous "Amityville Horror" house for $1.5 million signals rebound in real estate market
Purportedly haunted New York house commanded more than double the price it fetched five years ago, as realtors group reported pending home sales increased last month for first time since May of 2022.
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Bed Bath & Beyond says it is defaulting on credit line, warns of looming bankruptcy
Company is considering "all strategic alternatives" amid financial woes.
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GDP in fourth quarter grew at annualized rate of 2.9%, federal government
The growth comes amid high inflation and historically high interest rates.
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Former Trump economic adviser Moore says Republicans have to hold the line on debt ceiling
'We are going to have a financial crisis in this country if we don't do something right now,' Steve Moore said
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The Zillennial exception: Amid downturn fears, many in cohort live rent-free, splurge on luxuries
With limited housing costs and utility bills, many in the microdemographic sandwiched between Millennials and Generation Z now have "disproportionate amounts of money to spend on goods and experiences," reports PYMNTS.com.
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Electricity prices jumped more than double that of inflation last year, consumer index shows
Prices projected to rise significantly less in near future.
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U.S. home sales drop for another month, hitting nearly one year's worth of declines
Sales dropped more than a third year-over-year.
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Mortgage rates decline for another week as inflation eases
Levels at lowest levels since September.
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Jobless claims drop unexpectedly, Labor Department says
Avergae also declines slightly.