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United Airlines raises checked bag fee $5, following American
United Airlines followed American, JetBlue and Alaska in raising baggage fees.
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Deflation: Here's where prices fell in January 2024, in one chart
The U.S. economy is seeing some consumer categories deflate, or fall in price. That’s largely happening for prices of physical goods.
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U.S. economy added 353,000 jobs in January, much better than expected
Nonfarm payrolls were expected to increase by 185,000 in January, according to a Dow Jones consensus estimate.
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From FedEx to airlines, companies are starting to lose their pricing power
Faced with weakening demand, price-sensitive consumers and easing inflation, some sectors are now forced to grow profits without the tailwind of price hikes.
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‘Stop the price gouging': Biden hits corporations over high consumer costs
Big business and junk fees prove easy targets for the White House in the inflation blame game.
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Biden says he's helped lower inflation as he hosts first meeting of his new supply chain council
President Joe Biden convened the first meeting of his supply chain resilience council on Monday.
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This is the most expensive neighborhood in the U.S.— see how the priciest ZIP code in your state compares
Median home prices vary by more than $8 million between the most expensive ZIP codes in each U.S. state.
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US consumers keep spending despite high prices and their own gloomy outlook. Can it last?
Recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth.
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The 15 best U.S. cities for first-time homebuyers—the top 3 are in Texas
For younger first-time buyers, the small military city of Killeen, Texas, is considered the best place to buy a home.
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US trucking firm Yellow shuts operations. How that impacts the supply chain and prices for consumers
As Yellow customers like Walmart and Home Depot take their shipments to other carriers, prices will go up.
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US employers added a solid 209,000 jobs in June in sign of economy's resilience
The unemployment rate fell from 3.7% to 3.6%, near a five-decade low.
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Chocolate is set to get more expensive as cocoa prices soar to seven-year highs
Chocolate lovers are up for a bitter disclosure: prices of their favorite snack are about to rise further on the back of elevated cocoa prices.
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Treasury Now Says It Could Run Out of Money June 5, Buying Time for Debt Ceiling Talks
Treasury Secretary Janet Yellen said Friday that the United States will likely have enough reserves to push off a potential debt default until June 5.
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Republicans Question June 1 Debt Ceiling Deadline as Talks Zero in on Potential Trade-Offs
Debt ceiling negotiators are zeroing in on a small list of key issues after President Joe Biden and House Speaker Kevin McCarthy met Monday afternoon.
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Regulators Seize First Republic Bank and Sell it to JPMorgan Chase
First Republic Bank’s 84 branches in eight states will reopen Monday as branches of JPMorgan Chase Bank.
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US Adds a Healthy 236,000 Jobs Despite Fed's Rate Hikes
America’s employers added a solid 236,000 jobs in March, reflecting a resilient labor market and suggesting that the Federal Reserve may see the need to keep raising interest rates in the coming months. The unemployment rate fell to 3.5%, not far above the 53-year low of 3.4% set in January. Last month’s job growth was down from February’s gain of...
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Fed Raises Key Rate by Quarter-Point Despite Bank Turmoil
The Federal Reserve extended its year-long fight against high inflation by raising its key interest rate by a quarter-point despite concerns that higher borrowing rates could worsen the turmoil that has gripped the banking system. Fed Chair Jerome Powell sought to reassure Americans that it is safe to leave money in their banks, two weeks after a rush of depositors...
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Why Regulators Seized Signature Bank in Third-Biggest Bank Failure in U.S. History
The swift move shocked executives of Signature Bank, said board member and former congressman Barney Frank.
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Silicon Valley Bank Shut Down by Regulators
Silicon Valley Bank, a major lender to tech startups, has been shut down by regulators.
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Silicon Valley Bank Is Shut Down by Regulators in Biggest Bank Failure Since Global Financial Crisis
The tech-focused bank was closed by regulators on Friday after attempts to raise more capital failed.