Walmart Sounds Alarm as Consumers Feel the Pinch of Inflation
Walmart posted impressive sales and profits for the last quarter, exceeding analysts’ expectations. However, the retail giant warned that the
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USA Economy News
U.S. Economy Experiences Decrease in Spending and Rising Prices
The U.S. economy is showing signs of reversing its trend of rising consumer spending and prices. According to the Commerce
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Federal Reserve’s Preferred Inflation Index Slows Down
The Federal Reserve’s inflation index saw a rise of 5% over the course of the year, ending in December, indicating
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Bed Bath & Beyond faces default notice from JPMorgan
JPMorgan has issued a notice of default to Bed Bath & Beyond, as the US home goods retailer struggles to
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U.S economy sees Q4 growth, but experts predict recession
Economists will closely examine Thursday’s report on the U.S. gross domestic product for indications of the consumer’s strength or weakness
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Justice Department Sues to Break Up Google’s Advertising Empire
The U.S. Department of Justice and a coalition of eight states launched an antitrust suit against Google on Tuesday, demanding
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Morgan Stanley Issues Warning of Imminent Earnings Recession
Morgan Stanley issues warning of imminent earnings recession and Potential Stock Market Dip. As companies begin to report their earnings,
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Spotify Trims 6% of Workforce in Latest Round of Layoffs
On Monday, Spotify Technology SA announced that it will be reducing its workforce by 6% and incurring a charge of
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More Homes For Sale in The DC Region Despite Limited Inventory
The region is currently experiencing a 31% increase in active listings compared to last year, which would typically be a
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Is the U.S. Economy Heading for a Recession?
WASHINGTON, Jan 19 – Retail sales in the United States experienced a significant drop in December, the largest decline in
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Rising Businesses in US Facing Economic Slowdown
Due to the COVID-19 pandemic, there has been a sharp rise in the number of applications to launch new enterprises.
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Tesla China shipments declined due to production cuts
This takes the total number of electric vehicles (EVs) produced by Tesla in China for 2022 to 710,865, or around
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