BUSINESS
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Recession indicator now slows the economy, creator says
The inverted yield curve—a recession indicator with a decades-long track record of accuracy—has evolved beyond serving as a warning of…
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Barbara Corcoran says you should buy a home now
Barbara Corcoran isn’t afraid of high mortgage rates, and she doesn’t want you to be either. In an interview with…
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As Ripple’s stablecoin edges closer to debut, making its mark won’t be easy
On Friday, Ripple began testing its stablecoin on the company’s own blockchain, XRP Ledger, and Ethereum. The crypto firm first…
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Larry Summers warns against presidential influence over Fed policy
Former Treasury Secretary Lawrence Summers warned against incorporating any presidential sway over the setting of U.S. monetary policy, saying it…
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Boeing hearings underway for the 737 Max door plug blowout
Investigators are questioning Boeing officials in hearings this week about the midflight blowout of a panel from a 737 Max,…
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Bill Ackman’s Pershing Square sees 2024 gains nearly wiped out
Bill Ackman’s main hedge fund erased most of its 2024 gains in the last half of July, another blow to…
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How to watch, stream Katie Ledecky and Day Five of the 2024 Olympics free without cable
After the thrilling victory of Simone Biles and the U.S. women’s gymnastics team (and the U.S. women’s rugby team shocking…
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Housing market crisis: $1 million starter homes more common
The housing market’s affordability crisis keeps setting dubious milestones, and that latest one adds to the woes that first-time homebuyers…
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U.S. economy sped up last quarter, boosting ‘soft landing’ hopes
The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite…
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Secret Service chief apologizes for Trump rally shooting
The embattled head of the Secret Service said she took full responsibility for security lapses around the assassination attempt of…
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