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CSX railroad's merger prospects derail as BNSF and CPKC make clear they aren't interested in a deal
August consumer confidence dips in US with jobs, tariffs and high prices driving most unease
Kroger is laying off fewer than 1,000 corporate associates, source says
Puerto Rico Utility Bondholders Break Off Deal After Oversight Board Purge
Trump officials are discussing ownership stakes in defense firms, Lutnik says
Fed Chair Powell Acknowledges Slowing Economy: Rate Reductions Soon
Who’s getting Social Security payments Aug. 27, and why they might be cut in half
A US tariff exemption for small orders ends Friday. It's a big deal to some shoppers and businesses
This healthcare benefit provides a triple tax advantage — but many employees don’t use it
Despite snubbing U.S. tourism and boycotting American goods, Canadians have poured more into U.S. stocks than they have in over 35 years
What the Left Gets Right About Shortage of Housing
AT&T to Acquire Spectrum Licenses from EchoStar for $23 Billion
America’s Top Colleges 2026: How To Choose A College In Trump’s America
Wall Street is more focused on Nvidia than on threats to Fed independence. That may be a big mistake.
Critical Metals Signs Agreement to Supply Rare Earth to US Government-Funded Facility
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Covid-Era Pay Gains Are Vanishing. Low Wage Workers Will Feel It Most.
By mid-2023, their inflation-adjusted wage growth wasn’t just positive—it surpassed that of higher-earning workers. The promise of a more equitable economy seemed within reach
3 min read
DAFs Were Meant To Move Money, So Why Do They Keep Acting Like Banks?
With assets now surpassing $251.5 billion, DAFs have outpaced the scale of most private foundations and are becoming one of the most influential and untouchable forces in philanthropy. While they were created to make giving easier and more strategic,
4 min read
Australia Housing Dysfunction Mirrored in Central Bank’s Blowout Rebuild
When Australia’s central bank resolved to refurbish its 1960s-era Sydney headquarters in 2018, it hardly expected the project would fall victim to the complex construction rules that also hinder the country’s housing sector.
4 min read
Are sports prediction markets betting or investing? Two new Robinhood lawsuits could define how they are regulated going forward
This time around, the culprit isn’t stocks like GameStop or even crypto sh*tcoins like the beloved Fartcoin, but prediction markets. Those carefully tracking the presidential odds of the 2024 election might have thought that Polymarket and Kalshi would recede into the shadows after November,
3 min read
The Real Reason Americans Worry About Trade
Behind the pushback to global trade is a deep economic anxiety that a meager social safety net has caused in the United States.
12 min read
The Tax That Billionaires Actually Pay
The corporate tax is effectively the tax that billionaires pay at source. So it is one that is still a major tax for them,” said Emmanuel Saez, an economics professor at the University of California,
3 min read
Central bankers fear the war for independence is already lost
Their words create trillion-dollar swings in markets; their actions can determine the fates of nations. But among the central bankers who gathered in Jackson Hole, Wyo., in recent days, there was a palpable sense that their moment at the helm of the world economy may have passed.
3 min read
Fear the deficit-populism doom loop
Call it the deficit-populism doom loop: ministers face both big deficits and voter revolts, and there is little way of satisfying both the bond markets and the barbarians at the gate. During the slow recovery from the global financial crisis of 2007-09,
6 min read
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