FINANCE
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Airfares are surging again after a months-long slump as carriers trim flights to ease a capacity glut
The latest consumer price index report showed airfares jumped 4% in July from the prior month, reversing a slump that…
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Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs
Goldman Sachs is refusing to back away from its analysis that Americans—not foreign exporters or overseas governments—are bearing the majority…
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Trump says homeless people must leave Washington, DC, immediately — ‘We will give you places to stay, but FAR from the Capital’
President Donald Trump said Sunday that homeless people must be moved “far” from Washington, after days of musing about taking…
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OpenAI unleashes GPT-5—but can it hold the lead in the ruthless AI race?
Welcome to Eye on AI! In this edition...OpenAI releases GPT-5 and strikes a $1 government deal. AI homework helpers duke…
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Top analyst says the next 5 years could see ‘no growth in workers at all’ and sends a warning about the fate of the U.S. economy
As the U.S. labor market shows clear signs of stalling, one of Wall Street’s leading strategists is sounding a sharp…
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Forced frenemies, Exxon and Chevron take diverging paths as leaders of the booming Permian
The top Big Oil giants in the Western Hemisphere, Exxon Mobil and Chevron also are the top producers in the…
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‘Not dire, not amazing, more meh’: Job market cools as quits plummet in stagnant labor picture
Employers posted 7.4 million job vacancies last month, a sign that the American job market continues to cool. The Labor…
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US-Japan trade deal gives Trump control over $550 billion. It could be ‘vapor ware’
The pledge from Japan to invest $550 billion in key U.S. industries could show other countries how to clinch a…
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Trump calls the Japan trade deal on autos a major win. Detroit says it’s ‘definitely at a disadvantage’
U.S. automakers are concerned about President Donald Trump’s agreement to tariff Japanese vehicles at 15%, saying they will face steeper import taxes…
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There’s a ‘scary’ recession warning in the too-good-to-be-true data
Recent economic data have eased fears that President Donald Trump’s tariffs aren’t yet causing a downturn or spike in inflation,…
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