Economy
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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."
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Fed Chair Warsh expected to raise interest rates, economists say
Soon after becoming chair on May 22, Warsh spoke strongly about the need to keep inflation under control, but in late July the central bank left its key rate unchanged.
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Retail sales were higher than expected in August despite higher prices on gasoline and other goods
The dip in July followed months of solid retail sales. Americans spent heavily during the World Cup and on Amazon Prime Day. Sales in April and May were solid as Americans spent their government tax refunds.
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U.S. 10-year Treasury yields hit 5% as conflict rocks energy markets
The surge coincides with a rise in oil prices, driven by Houthi advances in Yemen and strikes on Saudi Arabian oil pipelines.
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Consumer prices increase at annualized rate of 0.4% in August: Labor Department
The index for gasoline rose 3.9% in August, accounting for over one-third of the monthly, all-items increase.
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Home sales fell in August as nation's supply rises to highest level in a decade
Despite the increased supply, home prices continued to rise. The median price of a home sold in August was $429,100, up 1.6% from August 2025.
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No single 'data center effect' on home values, Realtors find
Counties with the most data centers do have far pricier housing.
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Women account for almost all net U.S. job gains since Trump took office: report
An analysis of Bureau of Labor Statistics data found that payroll employment among women has increased by roughly 765,000 jobs since December 2024, while employment among men has declined by about 6,000 over the same period