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Economy
Mortgage rates rise to 6.09%: Freddie Mac
Mortgage rates ticked higher this week but remain the lowest in three years, mortgage buyer…
Tex-Mex chain On the Border files for Chapter 11 bankruptcy protection
On the Border Mexican Grill & Cantina filed for bankruptcy protection this week as it…
Trump presses Fed’s Jerome Powell to cut interest rates
The Federal Reserve left interest rates unchanged at its March meeting, shortly after President Trump…
EU retaliatory tariffs against US delayed to mid-April
The European Union (EU) has delayed imposing its first retaliatory tariffs against the U.S. until…
Social Security Administration to require more in-person visits
Those who cannot use an online identity-proving tool will soon need to visit a local…
44% of Washington DC restaurant owners think they’ll close in 2025
Possible restaurant closures are looming over eateries in the nation’s capital. Forty-four percent of full-service…
Federal Reserve leaves interest rates unchanged
The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged…
How many rate cuts does the market expect this year?
Federal Reserve policymakers are meeting this week and are expected to announce a decision on…
Retail sales rebound moderately in February
U.S. retail sales rebounded in February, suggesting that the economy continued to grow in the…
Distillers, brewers caught in the middle of trade war
The escalating trade war between the U.S. and its allies is affecting U.S. brewers and…
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…
Why DOGE needs a chainsaw
The now iconic image of an elated Elon Musk wielding a chainsaw may be unsettling…
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