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How a government shutdown would (and wouldn't) affect consumers days before Christmas
If the government shuts down days before Christmas, holiday travel could be hit but holiday shipping spared.
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What is the debt ceiling?
The debt ceiling, sometimes referred to as the debt limit, is the total amount of money that the United States government is authorized to borrow to meet its existing legal obligations.
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What is the debt ceiling and what happens if the US defaults?
What is the debt ceiling, also known as the debt limit, and how is it tied to government spending? And why would it be such a catastrophe for the U.S. to default on its debt? Here’s what to know.
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Cocoa prices climb to new record high, prompting fresh warnings about volatility
The price of chocolate’s key ingredient has skyrocketed this year, prompting analysts to issue fresh warnings about extreme price volatility.
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More than half of Gen X parents worry about financially supporting their kids into adulthood, survey shows
Fifty-three percent of Gen X parents are concerned their kids won’t be fully financially independent into adulthood, U.S. Bank data reveals.
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Egg prices may soon ‘flirt with record highs,' supplier says. Here's why
Egg prices are spiking again due to a bird flu outbreak and high consumer demand.
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US inflation ticked up 2.7% in November. Here's what is getting more expensive
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.
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Here's what to know before taking your first required minimum distribution
Most retirees must begin required minimum distributions at age 73. Here’s what to know before making your first withdrawal.
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Payrolls increased 227,000 in November, more than expected; unemployment rate at 4.2%
Nonfarm payrolls were expected to increase 214,000 in November, according to the Dow Jones consensus forecast.
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Chipotle says it's raising prices 2% in response to inflation
Traffic at the burrito eatery continues to be steady, according to an analyst report.
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Britain wants to take the US on as a global crypto hub — but the industry has its doubts
Steven Bartlett, a U.K. entrepreneur and podcaster, questioned whether the country had the risk appetite to capitalize on crypto’s “generational opportunity.”
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Coinbase policy chief expects speedy approval of crypto laws following Trump's victory
Crypto legislation should make its way through Congress “fairly quickly” after Donald Trump’s election win, according to Coinbase’s chief policy officer.
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US consumer price increases accelerated last month with inflation pressures resilient
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled.
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Thanksgiving meal is historically cheap this year
A nationwide survey of grocery prices by the American Farm Bureau Federation showed that a Thanksgiving dinner this year is at its lowest level since 2021.
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Trump tariffs to push down U.S. growth ‘a great deal' going into 2026, Morgan Stanley warns
Donald Trump’s proposed tariffs will dent U.S. economic growth going into 2026, said Morgan Stanley’s chief global economist Seth Carpenter.
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Visa and Mastercard execs grilled by senators on ‘duopoly,' high swipe fees
Senate Judiciary Committee members say the ‘duopoly’ has left retailers with no ability to negotiate high interchange fees.
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Advance Auto Parts is closing hundreds of stores in an effort to turn its business around
Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations.
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Here's the inflation breakdown for October 2024 — in one chart
Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car insurance, are trouble spots.
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Biden funded new factories and infrastructure projects, but Trump might get to cut the ribbons
With the unemployment rate low and inflation easing, Trump will inherit an economy primed for growth.
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Credit card debt among retirees jumps — ‘It's alarming,' researcher says
There’s been a significant increase in the share of retirees with credit card debt since 2022, according to the Employee Benefit Research Institute.