Economy
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Mortgage rates fall to the lowest level in 4 weeks, but still higher than before Iran war
The decline in mortgage rates corresponds to drops in oil prices and Treasury yields, which closely track mortgage rates.
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US retail sales drop unexpectedly as Americans curb spending following summer splurges
Retail sales fell 0.6% last month, which is the largest decrease since May 2025, compared with a revised gain of 0.2% in June, according to data the Commerce Department released on Friday.
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Home sellers are drawing from a dwindling pool of buyers, new data shows
Nearly 80% of major cities in the U.S. are now buyer's markets, defined as a market where the number of sellers is more than 10% higher than the number of buyers.
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Jaguar Land Rover announces shipment pause to US due to Trump's tariff actions
Trump has said the U.S. is implementing a 25% tax on vehicle imports.
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Trump says Vietnam seeks deal to eliminate president's recently imposed tariffs
Trump said he looked forward to meeting with To Lam in the future, but did not give a specific date.
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Stock markets open with Dow down more than 1,000 points, after China's 34% tariff on US imports
The Dow closed Thursday down more than 1,600 points
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Labor Department reports 228K jobs added in March to US economy, nearly double expectations
The department's Bureau of Labor Statistics also reports the unemployment rate for last month was 4.2%, up slightly from February.
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Ford announces lower model prices following Trump's 25% tariffs on non-American-made vehicles
The automobile manufacturer is offering what it coined a “handshake deal with every American,” one day following the imposition of 25% tariffs on non-American-made vehicles.
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US financial markets opens with sharp drops after Trump's big tariffs announcement
As of Thursday, the Dow Jones Industrial Average is down 1150 points.
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You Vote: Do you approve of President Trump's 'Liberation Day' plan regarding tariffs?
Trump vowed the reciprocal tariffs will tilt global commerce back to America's advantage after decades of trade deficits.
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'Liberation Day': Trump to announce tariff plans in Rose Garden spectacle
Ahead of the Rose Garden event, moreover, he unveiled a 25% tariff on auto imports that earned praise from union workers, including from United Auto Workers (UAW) leaders who, hewing to political tradition, opposed his candidacy.
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Israel moves to drop all tariffs on U.S. imports ahead of Trump tariff moves
“The goal of the move is to promote a zero-tariff policy between the countries and maintain positive trade relations with the US,” he added.
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Kohl's to close 27 stores across U.S., including 10 in California
“While Kohl's continues to believe in the health and strength of its profitable store base, these specific locations were underperforming stores,” the department store chain said in a news release.