The number of Americans on jobless benefits surged between mid-September and mid-October, government data showed Tuesday, suggesting an elevated unemployment rate in October as an uncertain economic environment discourages hiring.
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A majority of small and mid-sized business owners in the U.S. expect stronger performance next year, with 74% forecasting revenue growth and nearly 60% planning to expand operations, a Bank of America survey showed.
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Futures Slip as Fed Rate-Cut Hopes Fade
U.S. stock index futures fell Tuesday as concerns over lofty equity valuations and diminishing prospects for an interest rate cut weighed on sentiment, though attention remained on Nvidia's earnings and key government data due later this week.
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Trump Tariff Checks May Be Issued as Soon as Mid-2026
President Donald Trump said Monday that he wants to send tariff checks to "moderate income, middle income" Americans by mid-2026.
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Fed's Waller: Weak Job Market Justifies Rate Cut in December
The data available during the recent U.S. government shutdown shows the job market near stall speed, with state unemployment claims rising slightly, layoff numbers increasing, and no evidence of building wage pressures, facts that warrant another quarter-percentage-point...
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Trump's 50-Year Mortgage Plan Is a Home Run
Polls consistently show that housing affordability is a top concern for Americans. But we don't need surveys to tell us what is glaringly obvious; home prices continue to soar, interest rates remain uncomfortably high, and countless families are increasingly feeling that...
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