Finance
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Treasury announces US collected record $16.3 billion in customs duties in April
The new numbers mean that the United States has collected a total $63.3 billion in customs duties since the start of the current fiscal year, which began last October. The number is also a $15.4 billion increase from the same period last year.
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Stock market sees major boost over China-US trade truce
The Dow Jones Industrial Average ended its day with a 1,160 point (2.81%) gain, while the Nasdaq Composite closed with a 4.35% boost and the S&P 500 closed with a 3.26% increase.
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Bessent says US is negotiating with 17 out of 18 major trade partners
Hours after his testimony, officials indicated that formal trade negotiations with China could take place as early as Thursday, when the secretary travels to Switzerland.
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Bed Bath & Beyond confirms death of CFO after reported Manhattan high-rise fall
Officials did not find a suicide note, nor do they suspect foul play.
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1% of voters say Biden economy 'excellent'
Inflation stood as the top issue for respondents
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IRS accidentally posts personal information of 120,000 taxpayers
"The Treasury Department has instructed the IRS to conduct a prompt review of its practices to ensure necessary protections are in place."
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No whites need apply: Pfizer offers minorities-only fellowship as firms embrace racial preference
"More and more American corporations seem to believe that civil rights laws don't apply to them," said legal expert Gail Heriot.
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ADP employment reports says economy added 132,000 jobs in August, suggesting slower growth
The metric has been met with some suspicion by economists
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Dow drops 1,000 points after Fed foreshadows further rate hikes
Powell foreshadowed additional rate hikes at the Federal Reserve's annual economic symposium in Jackson Hole
Rep. Troy Nehls: 85% of Americans will be paying for 15% of people that have student loans
Congressman Troy Nehls (R-Tx) discusses how Biden "cancelling" student debt will impact everyday Americans in terms of taxation
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American Express goes woke, promotes left's priorities on climate, race, border
Credit card company is increasingly embracing ESG, an investing movement that seeks to engineer social transformation through corporate governance and capital flows.
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Consumer prices rose 8.5% annually in July, as inflation remains stubborn
The CPI increased by 9.1% in June
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Manchin-Schumer deal drops most plans to increase taxes on the rich
The Inflation Reduction Act presents a slimmed down version of the Biden plan