Economy
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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.
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Trump immigration lockdown saves taxpayers about $30B a year, but border towns go from boom to bust
The flow of illegal migration along the southern, U.S.-Mexico border is roughly 95% less than it was during the Biden administration.
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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
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Blaming taxes, regulations, another iconic Seattle business set to close
Luigi’s Italian Eatery is slated to close on September 19, after more than a decade of operations in Pioneer Square.
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Labor Department reports US economy added 162K jobs in August, exceeding Wall Street expectations
The unemployment rate for last month held at 4.1%
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Uber to cut 3,300 mainly management jobs in massive restructuring
The decision is part of a massive restructuring aimed at trimming management layers and reallocating spending into its ride-sharing, delivery and robotaxi businesses.
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Bessent heads to G20 to discuss economic growth and addressing debt amid tensions with Iran, Canada
The G20 meetings come as Bessent seeks support from other countries to help the U.S. isolate Iran economically in order to force its capitulation during a war that's lasted more than six months.
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Trade analyst: Tariffs cost Americans $200 billion a year, add $147 to school supplies
As summer winds down and students head back to the classroom, parents are paying more to fill their carts with notebooks, backpacks and other school supplies – about $147 more, according to one trade analyst.