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Used-Car Prices Are Down From Record Highs, Easing the Impact of Inflation
Wholesale vehicle prices have dropped 6.4% since the January record.
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Dow Tumbles More Than 900 Points and the Nasdaq Drops 4% on Friday to Close Out a Brutal Month
U.S. stocks sunk Friday with the Nasdaq Composite notching its worst month since 2008, as Amazon became the latest victim in the technology-led sell-off.
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Dow Plunges More Than 900 Points for Its Worst Day Since 2020, Falls for a Fourth Straight Week
Stocks sank on Friday as investors digested disappointing earnings and rising rates, sending the Dow Jones Industrial Average to its worst day since 2020.
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Here's How You Can Prepare for Possible Aggressive, Quicker Rate Hikes From the Fed
As the Fed tries to pump the brakes on inflation, it will get more expensive to borrow. Here’s how to prepare.
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The Great Resignation Is Still in Full Swing. Here's What to Know
Millions of people are quitting their jobs each month, while job openings are near record highs and layoffs are low. But the labor trend may have plateaued.
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With Few New Cars on Lots, U.S. Auto Sales Likely Fell Sharply in the First Quarter, Analysts Say
Tight supplies of new cars and rising inflation fears likely hit U.S. auto sales hard in the first quarter.
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U.S. to Release 1 Million Barrels of Oil Per Day From Reserves to Help Cut Gas Prices
The White House on Thursday announced that the U.S. will release 1 million barrels of oil per day from strategic reserves.
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Why ‘Free' Shipping Isn't Free
The big carriers such as FedEx, UPS and Amazon make lots of deliveries, and none of those packages are being shipped for “free.”
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The Fed's Preferred Inflation Gauge Rose 5.4% in February, the Highest Since 1983
The personal consumption expenditures price index increased 5.4% from the same period in 2021, the biggest jump going back to April 1983.
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Treasury Yields Fall as Investors Digest Inflation Data
U.S. Treasury yields fell on Thursday, with investors focused on the inflation data due.
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Why Russia's Invasion of Ukraine Could Spark a NATO Defense Spending Spree
NATO countries across Europe have done an about-face on defense spending in the immediate wake of the Russian invasion of Ukraine.
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Biden Warns U.S. Won't Have Enough Covid Vaccine Shots This Fall If Congress Fails to Pass Funding
However, Biden said the U.S. currently has enough vaccine supply to ensure people ages 50 and older can get their fourth doses.
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How Google and Amazon Bankrolled a ‘Grassroots' Activist Group of Small Business Owners to Lobby Against Big Tech Oversight
The Connected Commerce Council, which pitches itself as a grassroots movement representing small business owners, is funded by Google and Amazon.
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Who May Still Be Eligible for $1,400 Stimulus Checks With Their 2021 Tax Returns
Most of the third round of stimulus checks has been sent. But if you never received a payment or your circumstances have changed, you may be eligible for money.
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Watch Live: Biden Speaks About Fight Against Covid as More Contagious Omicron BA.2 Gains Ground
President Joe Biden will give an update on the U.S. fight against Covid-19 and receive his second vaccine booster shot.
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BofA Says iPhone Demand Still Strong Despite Reports of Production Cutback
Bank of America says demand for the iPhone is still strong despite reports of Apple cut back production of some models.
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Companies Added 455,000 Jobs in March, Slightly More Than Expected, ADP Says
Private payrolls expanded by 455,000 for the month, the firm said, about in line with the Dow Jones estimate of 450,000.
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1 in 5 Workers Runs Out of Money Before Payday, Survey Finds
As prices spike, workers are running out of money faster: Now, 1 in 5 say they can’t make it from paycheck to paycheck.
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Treasury Yields Fall as Investors Keep Watch Over Bond Spreads
U.S. Treasury yields were lower on Wednesday as investors continue to watch the spreads between bonds.
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Anthony Scaramucci Says He's ‘Not Quite Convinced' on the Recession Signal the Bond Market Flashed
A key recession signal flashed in the bond market this week, but SkyBridge Capital’s Anthony Scaramucci said he would be cautious on predicting a downturn.