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Economy

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Dec 16

The U.S. gained 64,000 jobs in November but lost 105,000 in October as the unemployment rate rose to 4.6%

By Paul Wiseman, Associated Press

Hiring has clearly lost momentum, hobbled by uncertainty over President Donald Trump's tariffs and the lingering effects of the high interest rates the Federal Reserve engineered in 2022 and 2023 to rein in an outburst of inflation.

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Dec 09

Watch 11:01
Marjorie Taylor Greene speaks out about President Trump as she prepares to leave Congress

By Amna Nawaz, Kyle Midura

Georgia Rep. Marjorie Taylor Greene rose to national prominence as one of the most vocal backers of President Trump. But the pair fell out after she called for the extension of expiring health care subsidies and for the release of…

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Dec 09

More people crowdfunded for basic needs like food and housing in 2025, GoFundMe reports

By James Pollard, Associated Press

GoFundMe CEO Tim Cadogan says people around the world are struggling with the rising cost of living, but he adds that "people do step up and support folks in those situations."…

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Dec 09

WATCH: At Pennsylvania rally, Trump boasts about once using this slur about Haiti and African nations

By Jonathan J. Cooper, Associated Press

Back then, Trump had denied making the contemptuous statement during a closed-door meeting, but on Tuesday, he showed little compunction reliving it during a rally in Pennsylvania.

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Dec 09

A sharply divided Federal Reserve is set to cut interest rates, but may signal a pause to come

By Christopher Rugaber, Associated Press

The Fed's 19-member rate-setting committee is sharply divided over whether to lower borrowing costs again.

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Dec 03

Costco becomes biggest company demanding refunds on Trump tariffs

By Paul Wiseman, Associated Press

Costco is joining other companies that aren’t waiting to see whether the Supreme Court strikes down President Donald Trump’s most sweeping import taxes.

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Dec 03

What's next for U.S. retailers after the Thanksgiving shopping weekend

By Anne D'Innocenzio, Associated Press

The nation’s shoppers may feel gloomy about the economy, but they certainly were in the mood to shop over the five-day Thanksgiving weekend that wrapped up on Cyber Monday.

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Dec 01

The economy is giving mixed signals. Here's what experts say they mean

By Hannah Grabenstein

If you’re confused about the economy right now, you’re in good company.

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Dec 01

Despite economic uncertainty, Cyber Monday could break spending records

By Wyatte Grantham-Philips, Associated Press

Deals promoted as some of the best of the holiday season are expected to keep people across the United States glued to their computers and smartphones on Cyber Monday.

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Nov 28

Watch 5:45
PBS News launches 'Settle In' podcast with lessons from the 1929 stock market crash

By Amna Nawaz, Diane Lincoln Estes

This week we're launching our new video podcast “Settle In.” In the premiere episode, Amna Nawaz has a fascinating discussion with financial journalist Andrew Ross Sorkin about his new book, “1929: Inside the Greatest Crash in Wall Street History and…

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