Economy
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GDP, measure of US economic output, grew 3% in second quarter, beating expectations
The quarterly percentage increase was the biggest since the third quarter of 2024 – 3.1%.
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GM reports profits down $1.1 billion in past three month, attributes to Trump tariffs
GM is anticipating that the total impact of the tariffs in 2025 will be approximately $4 billion to $5 billion
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You Vote: Do you agree with Trump that Fed Chair Powell should resign, but that he won't fire him?
"I'd love if he wants to resign," the president told the Just the News, No Noise television show in a wide-ranging interview to be aired Thursday night on Real America's Voice when asked whether he would fire the Fed chairman.
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Household income soared 21% in March, largely due to ‘government social benefits’
$1,400 stimulus checks helped propel huge spike.
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Amazon reports first quarter profits up 220% compared to last year, in online pandemic buying boom
Amazon reports $108 billion in sales and $8.1 billion in profit in the first three months of 2021.
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Major agricultural price index continues soaring, suggesting potential imminent grocery hikes
Ongoing spike could be signalling potential rise in food prices
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U.S. stock futures post modest gains after Wall Street losses on reports of Biden investor tax hike
Such an increase, if enacted, would be the highest tax rate on investment gains since the 1920s.
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Weekly U.S. jobless claims last week drop to 547,000, a pandemic low
Number is sign of improving job market, as nearly one half of adult U.S. population has received at least one COVID shot.
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Georgia faith leaders urge boycott of Home Depot over voting law
The retail, home improvement giant has not taken a public stance on the Georgia voting law.
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Age discrimination? IBM faces allegations it fires older workers, replaces them with young hires
Internal documents talking about "refresh" of workforce and "early professional hires" take center state in litigation.
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In blow to Big Labor, Amazon warehouse workers in Alabama reject unionization
The Retail, Wholesale and Department Store Union was leading the unionization effort.
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Cuomo, state Democrats near deal to raise taxes on residents earning over $1 million
New York City's wealthiest could be paying the top income taxes rates in the country should Cuomo sign tax increase into law.
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Transportation Secretary Buttigieg: 'Were already losing the race' with China on infrastructure
"The American people can't wait for good infrastructure," Buttigieg said. "And China is not wasting any time."