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Inflation eased to 2.7% in report distorted by government shutdown
Consumer prices rose 2.7% in November from a year earlier, according to a delayed government report, slowing from 3% in September.
India's Parliament approves bill to open civil nuclear power sector to private firms
India’s Parliament approved new legislation Thursday that enables opening the tightly controlled civil nuclear power sector to private companies. The government termed it a major policy shift to
Palmer Luckey told you so
Palmer Luckey recently launched what might be his most ambitious endeavor yet. He's calling it his "I told you so tour." On his raucous, relentless, revenge roadshow, the memelord weapons
Inflation drops to lowest level in months, defying expectations of uptick
The report offered the first look at price increases in nearly two months, after the 43-day government shutdown impaired data collection. In September -- the most recent month for which data is
Adults 60 and older reported losing $2.4 billion to fraud in 2024
One disturbing scam involves crooks who impersonate officials to convince consumers that they must withdraw money from accounts to protect it.
Oracle's fall from grace has made it the poster child for AI-bubble excess
Investors were so fired up about Oracle's AI guidance that they sent shares soaring as much as 43% that day. The company was briefly more valuable than JPMorgan. Larry Ellison overtook Elon Musk as
CPI inflation print draws caution from economists: 'It’s hard to take this data seriously'
How much is inflation really cooling? Thursday’s release of November’s Consumer Price Index (CPI) data showed inflation unexpectedly eased to an annual rise of 2.7% that month. But monthly
Dow's 150-point rally led by gains in shares of Amazon.com Inc., NVIDIA Corp.
The Dow Jones Industrial Average is trading up Thursday afternoon with shares of Amazon.com Inc. and NVIDIA Corp. delivering the strongest returns for the blue-chip average. The Dow was most recently
HR giant SHRM faces a new discrimination lawsuit
The plaintiff alleges SHRM, the nation's largest HR trade group, wrongly revoked a job offer over a service dog.
What will the stock market do in 2026? Here's why AI will dominate
Even though many Americans remain glum about the economy and the state of the country, there may be good news in financial markets next year.
Cooling inflation could pave the way for Fed rate cuts
What This Means For The Economy Price increases cooled unexpectedly in November, which could ease inflation fears for Fed officials and justify cutting interest rates to preserve the job market.Fed
Wall Street rises after an encouraging inflation update, as Micron helps AI stocks stop their slide
U.S. stocks are rising on Thursday following an encouraging report on inflation that could help the Federal Reserve keep cutting interest rates next year. A strong profit report from Micron
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