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The Latest Breaking News on Business

Will 2025 Social Security COLA increases be enough for retirees?

Many are finding that COLAs aren’t enough for Social Security to keep pace with inflation.

The Street

Struggling retailer closes more stores in Chapter 11 bankruptcy

Discount home goods retailer will close over four dozen more stores through its bankruptcy case.

The Street

Dave Ramsey warns home buyers on a ‘nightmare’ you can avoid

The personal finance author explains a real estate mistake not to make.

The Street

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Google hails move to Rust for huge drop in memory vulnerabilities

Google's use of memory safe programming languages has led to an unprecendented drop in vulnerabilities

TechRadar

Boeing and union negotiators set to meet for contract talks 2 weeks into worker strike

The union representing Boeing’s striking factory workers in the Pacific Northwest says it expects to resume negotiations with the company on Friday

The Independent UK

People Are Eating Out Less, Cooking At Home More: Report

As inflation eases, consumers are finding better prices in the grocery aisles

International Business Times

Home Depot founder Bernard Marcus’s net worth: From fired CEO to entrepreneur

Home Depot founder Bernard Marcus started the home improvement retailer in 1978. Here’s what he’s worth almost half a century later.

The Street

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Tesla Sales Slump Won't Stop Record U.S. EV Sales In Q3

Tesla Model 3 and Model Y sales are sinking. Despite that, nearly 340,000 EVs are expected to be sold in Q3.

InsideEVs

Nancy Pelosi's Husband Raises Eyebrows With Massive Well-Timed Sale Of Visa Shares

California Democratic Rep. Nancy Pelosi's husband sold Visa stock worth up to $1 million less than three months before the Department of Justice sued the financial institution for allegedly monopolizing the U.S. debit card market.

International Business Times

Disney+ Cracks Down On Password Sharing

The company said users outside a household will have to sign up and pay for their own subscription.

International Business Times

Southwest Airlines Rockets On Hiked Guidance, Buyback Plan

Southwest Airlines revealed a new financial strategy, business improvements and raised its outlook. Airline stocks rocket.

Investors Business Daily

Ports Seek Federal Intervention Amid Looming Strike Deadline

Impending strike at major U.S. ports due to contract disputes, potentially disrupting operations and impacting the economy.

Top News

45% Americans Could Run Out Of Money In Retirement Despite Financial Planning: 4 Mistakes To Avoid

Americans who have saved their entire lives in retirement plans face the risk of going broke in their golden years because many deplete their funds severely through premature withdrawals and lack proper tax planning for post-retirement income.

International Business Times UK

Harris Proposes 'America Forward' Plan, Offers Tax Credits To Boost Domestic Manufacturing

Positioning herself as a "capitalist" who believes in "free and fair markets," Harris said her policies are pragmatic rather than ideologically driven.

International Business Times

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Barchart

How Is Bath & Body Works' Stock Performance Compared to Other Retail Stocks?

Bath & Body Works has underperformed other retail stocks over the past year, yet analysts remain moderately bullish about the stock’s potential.

Barchart

Is Bunge Global Stock Underperforming the Dow?

Bunge Global has struggled to keep up with the Dow Jones index over the last year and analysts are cautiously optimistic regarding the stock's potential.

The Independent UK

Home cookin': Diners skipping restaurants and making more meals at home as inflation trend inverts

Eating in is in and eating out is out

Barchart

Is J. M. Smucker Stock Underperforming the Dow?

J. M. Smucker has underperformed the Dow Jones Industrial Average over the past year, yet analysts remain cautiously bullish about the stock’s prospects.

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Salon

Kushner's Saudi ties under scrutiny

Sen. Ron Wyden, chairman of the Senate Finance Committee, said Kushner's investment firm may pose a security risk

The Guardian - US

OpenAI CTO Mira Murati says she’s leaving firm to do her ‘own exploration’

Chief technology officer had taken over the ChatGPT maker when its board ousted CEO Sam Altman in November

International Business Times

'A New Way Forward': Harris-Walz Economic Plan Includes Digital Assets

Democratic frontrunners Kamala Harris and Tim Walz have unveiled their economic playbook, and it mentions digital assets as among the innovative technologies that a Harris-Walz government wants to support, but many crypto users remain doubtful.

The Street

Another troubled motor oil company files Chapter 11 bankruptcy

The Houston-based oil refining company files for Chapter 11 bankruptcy seeking to recapitalize its balance sheet or sell its business.

Tom’s Hardware

Polar Semiconductor receives $123M in CHIPS Act money — company named as the first CHIPS Act awardee

Polar Semiconductor, a manufacturer of power and sensor chips, is the first company to be officially awarded under the Biden administration's CHIPS Act.

Fortune

Boeing confirms production of 737s has halted

Amid the ongoing union strike, “airplane production in Washington state is temporarily paused,” Boeing told Fortune.

Fortune

Miami is at risk of a housing bubble

“Miami now shows the highest bubble risk among the cities in this study,” UBS said.

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