Economy
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Private sector employment up 86,000 jobs in October, earnings growth highest in two years: report
Base pay for private-sector workers rose 3.2% and gross pay was up 4.7% year over year, ADP's pay data shows.
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Stocks tick higher following midterms as weight of uncertainty lifts off investors
The Dow Jones Industrial Average traded 1,131 points, or 2.2% higher on Wednesday morning, with the S&P gaining 1.6%. The Nasdaq Composite rose 2%.
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Kroger’s $3M taxpayer-funded grant questioned by food group
The money is part of the Trump administration’s “Make America Healthy Again” program from the U.S. Department of Health and Human Services
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U.S. shrimpers seek ban on Indian imports over forced labor allegations
The legal action, supported by the Southern Shrimp Alliance, also names several major U.S. retailers, including Aldi and Meijer, which allegedly sell shrimp linked to the company's supply chain.
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Inflation ticked up in September, driven largely by rising gas prices, data shows
Excluding food and energy, whose prices tend to be much more volatile, consumer prices in September increased 3.1% from where they were a year ago, and increased 0.3% from August.
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GDP increases by 3.4% in third quarter, exceeding Wall Street expectations
Second-quarter growth was 2.2%, according to the advance estimate released Thursday by the U.S. Bureau of Economic Analysis.
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You Vote: How do you expect Trump's energy deals with Venezuela and Russia to affect fuel prices?
Energy prices have been a sore spot for Republicans since Trump launched the Iran war in late February, which sent global supply into chaos.
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Consumer confidence improves in October amid easing gas prices, survey shows
The survey's respondents also expressed improving outlooks on their present situation, which rose 6.9 points to 72.6. Their short-term outlook increased 8.6 points to 120.4, according to The Conference Board.
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Poll: Majority rejects AI fraud detection if eligible people lose out
The Centers for Medicare and Medicaid Services screened 1 billion payments through the Treasury Department’s Do Not Pay system in fiscal 2024 and prevented 363,386 payments worth $2.6 billion, according to the Congressional Research Service.
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You Vote: How will Trump's plan to restore the home ownership dream work out?
The order is aimed at bringing down housing costs for American taxpayers who are looking to buy single-family homes.
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Elon Musk says he'll give a share of SpaceX to every child in America in 2027
There are 72 million children under 18 in the U.S., according to U.S. Census data. Handing a share to every one of them would amount to about $10.5 billion worth of shares, based on the stock price at closing on Friday.
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End-of-week reports show price pressures across US economy
Import prices rose 1.1% from August to September and 8.1% from a year earlier — the largest 12-month increase since July 2022, when prices had risen by 8.8% over the previous year.
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Fed Chair Warsh offers no insight into rate decisions at IMF meeting
Speculation about additional hikes followed reports this week of unexpected increases in inflation.