Editor's Pick
Weekly mortgage demand drops to three-month low as rates begin climbing again
After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact...
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Walgreens announces price cuts on 1,300 items amid ongoing consumer spending fatigue
Walgreens announced Wednesday it would continue to cut prices on 1,300 items — making it the latest company to pivot...
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Why everyone is suddenly talking about Nvidia, the nearly $3 trillion-dollar company fueling the AI revolution
The business world is increasingly banking on artificial intelligence to be the next big thing, and has found itself turning...
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T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal
Shares of U.S. Cellular popped nearly 6% Tuesday after T-Mobile announced that it plans to acquire most of the company, including the wireless operator’s stores,...
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American Eagle profit soars, but sales grow slower than expected
American Eagle on Wednesday said it’s making gains in boosting profitability as it works to improve its product assortment and tweak...
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FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
Ryan Salame, a former top lieutenant of FTX founder Sam Bankman-Fried, has been sentenced to 90 months, or seven and...
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McDonald’s might never expand CosMc’s. But the spinoff could still pay dividends.
Nearly six months since McDonald’s opened its first CosMc’s location, the hours-long drive-thru lines have died down, but the chain is just...
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Global debt has grown to $315 trillion this year — here’s how we got here
The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt...
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