Economy
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Jobless claims increased slightly while layoffs remain historically low, Labor Department reports
Unemployment filings in the week ending August 1 increased by 1,000 applications over the previous week, for a total of 199,000, according to Labor Department data reported on Thursday.
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U.S. and Japan conduct coordinated yen-buying intervention to ease volatility of Japan's currency
Tokyo said that it wouldn't hesitate to conduct further interventions in the future, should they be needed.
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Grocery store closures in Chicago reignite debate over taxpayer-funded food access
The stores, operated by Yellow Banana, closed after Save A Lot ended its operating agreement with the company, citing financial challenges that included a sharp decline in SNAP purchases.
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Facebook shares plunge amid significant shortfalls in revenue, profits
Third-quarter earnings fell short; company warns fourth quarter will likely do the same.
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Gross Domestic Product increases 2.6% in third quarter, slightly exceeding analysts' expectations
Analysts said the growth should not be interpreted as a sign recession fears are over.
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Dow jumps more than 700 points, closes nearly 2.5% higher in end to rally week
Stocks up 1,000 points from week’s beginning.
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You Vote: Who do you trust more to handle the economy: Democrats or Republicans?
Despite historically high inflation, Biden defends his record and expresses confidence that GOP policies will push people to vote Democrat.
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Vegan meat company sees stocks plunge, major layoffs at CEO departs over nose-biting scandal
Company has been hailed as major developer of plant-based meat.
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Mortgage rates hit 20-year high
The weekly Mortgage Bankers Association report also shows mortgage applications decreased 4.5%, compared to the previous week.
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You Vote: Will Democrats' Inflation Reduction Act reduce inflation?
Experts have expressed doubt about Biden's signature legislation lowering prices.
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Less than a month from midterms, Bloomberg says '100% ' chance U.S. goes into recession in next year
Probability jumps from 65% as economic outlook worsens.
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When will Inflation Reduction Act start reducing inflation? White House stumped for an answer
From Bernie Sanders to Ivy League studies, prominent voices have expressed doubt about Biden's signature legislation bringing down costs.
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Halloween candy will cost 13% more than compared to last year, Labor Department report shows
Sweets of all kinds are more expensive than they were last year, largely because of major increases in the prices of sugar and flour.