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Economy
Forever 21’s U.S. operating company filed for bankruptcy on Sunday
Forever 21's U.S. operating company filed for Chapter 11 bankruptcy on Sunday, marking the second…
US steelmaker Cleveland-Cliffs to produce rare earths domestically
A major U.S. steelmaker is looking to help kickstart domestic production of rare earth minerals…
Mortgage rates fall for first time in over a month
Mortgage rates finally broke a six-week streak of increases, but the decline will not provide…
Starbucks corporate layoffs looming in March: CEO
The global coffeehouse chain Starbucks will be cutting corporate jobs as its CEO Brian Niccol…
Jamie Dimon talks tariffs: ‘Get over it’
JPMorgan Chase CEOÂ Jamie Dimon said in a new interview that a small increase in inflation…
Samsung weighs relocating dryer production to US in response to Trump tariffs
South Korea's Samsung Electronics and at least one other appliance maker are considering moving some…
Costco Teamsters vote to authorize strike
Eighteen thousand Costco Teamsters are preparing to strike if a "fair contract offer" is not…
Trump talked to Apple CEO Tim Cook, investment coming
President-elect Trump on the eve of his inauguration says he spoke with Apple CEO Tim…
LA wildfires drive surge in rental housing prices, prompting price gouging concerns
The devastating wildfires that have hit the Los Angeles area in recent weeks have further constrained an…
Chamber of Commerce CEO touts small business: ‘state of American business is local’
U.S. Chamber of Commerce President and CEO Suzanne P. Clark delivered a speech Thursday on…
Mortgage rates rise above 7% for first time since May
Mortgage rates continued their upward climb this week, leaping above 7% and adding further pressure…
Trump plans ‘External Revenue Service’ for tariffs paid by US importers
President-elect Trump on Tuesday announced plans to create a new "External Revenue Service" that would…
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