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Finance
Trump is no threat to U.S. democracy, according to historian Niall Ferguson
Claims that former U.S. President Donald Trump is a threat to the country's democracy have been weakened by the legacy of his first term, historian Niall Ferguson said Friday."I…
Young rich Americans are fleeing California and piling into Florida
Despite its reputation as a choice retirement destination, young rich Americans are headed to Florida now.The Sunshine State had a net gain of 1,786 young households earning at…
August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the way for the Federal Reserve to lower interest rates…
Buy levels for 3 industrial stocks that benefit from the AI boom and sector megatrends
The artificial intelligence trade is not just for traditional tech companies. We have three industrial stocks in the portfolio that will keep getting more and more business as AI…
Eighty-eight corporate leaders endorse Harris in new letter, including CEOs of Yelp, Box
U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign event at the Throwback Brewery, in North Hampton, New Hampshire, on September 4,…
British competition regulator objects to Google’s ad tech practices
The entrance to Google's U.K. offices in London.Olly Curtis | Future Publishing | via Getty ImagesLONDON — Britain's competition watchdog on Friday issued a statement of objections…
Nobel winner Joseph Stiglitz says Fed raised rates ‘too far, too fast’ — and now needs to cut big
Nobel Prize-winning economist Joseph Stiglitz says the Federal Reserve should deliver a half-point interest rate cut at its forthcoming meeting, accusing the U.S. central bank of…
China should focus on fighting deflationary pressure, former central bank governor says
Yi Gang was governor of the People's Bank of China from 2018 to 2023. He is pictured here speaking at the Peterson Institute for International Economics in Washington, DC, US, on…
The Fed won’t ‘push the panic button’ and go for a jumbo rate cut, economist says
U.S. Federal Reserve Chairman Jerome Powell holds a press conference after the release of the Fed policy decision to leave interest rates unchanged, at the Federal Reserve in…
7-Eleven’s parent company rejects takeover proposal, says offer ‘grossly undervalues’ company
Customers exit a 7-Eleven convenience store, operated by Seven & i Holdings Co., in Kobe, Japan, on Friday, Aug. 30, 2024. Alimentation Couche-Tard Inc. had made a preliminary…