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LendingTree CEO and Founder Doug Lebda Dies in ATV Accident
LendingTree CEO and founder Doug Lebda died in an an all-terrain vehicle accident over the weekend, the online loaning platform said Monday.
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Germany's Machinery Industry Faces Collapse
The collapse of the German economy continues unabated. The German Engineering Federation now expects a dramatic decline in production this year and lashes out at the federal government.
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SpaceX to Launch Starship Test Flight Monday
SpaceX is set to attempt the next test flight of its massive Starship rocket on Monday, as concerns grow that Elon Musk has overpromised his company's ability to deliver NASA's lunar projects and fulfill his own Mars ambitions.
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Fed's Paulson Sees More Rate Cuts Ahead to Bolster Job Market
In her first speech as head of the Philadelphia Federal Reserve, Anna Paulson said Monday that rising risks to the job market argue for more interest rate cuts by the U.S. central bank, as trade tariffs are unlikely to push up inflation as much as expected.
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2025 Lexus RX 500h F Sport Performance AWD: Modern Luxury Meets Hybrid Power
Lexus continues to refine its reputation for luxury, reliability, and technological innovation with the 2025 RX 500h F Sport Performance AWD.
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Federal Job Turnover Under Trump
Since Donald Trump returned to office in January 2025, the federal government has seen one of the largest waves of turnover in American history.
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Promised Recession…So Where Is It?
Over the past three years, the economic conversation has been a "promised recession." If you read the headlines, tracked economist surveys, or even listened to Wall Street strategists, you would have assumed a downturn was imminent.
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Amazon to Hire 250,000 Workers During Holiday Season for 3rd Straight Year
Amazon said it plans to hire 250,000 workers for the holiday season across its fulfillment and transportation networks in the U.S., the same number as the last two years, as the e-commerce behemoth prepares for a surge in orders.
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Gold Tops $4,100/oz on US-China Trade Tensions
Gold notched another record high Monday, as renewed U.S.-China trade tensions sent investors flocking to safe-haven assets and expectations of U.S. interest rate cuts added to the metal's allure.
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Trump's Strategy Risks a Recession
The economy is on tenterhooks with both inflation and unemployment threatening to worsen.
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Wall Street Recovers Some of Friday's Selloff
And back up goes Wall Street. U.S. stocks are rallying Monday after President Donald Trump said " it will all be fine," just days after he sent the market reeling by threatening much higher tariffs on China.
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Shutdown Is Trump's Chance to Trim the Government Workforce
With the federal government facing a shutdown, President Trump has a unique opportunity to tackle the massive and costly bureaucratic workforce that has long been a drain on taxpayer resources.
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Salesforce to Invest $15 Billion in San Francisco
Cloud software provider Salesforce said Monday it would invest $15 billion in San Francisco over the next five years to support artificial intelligence innovation and workforce development in the city.
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Corporate Profits: A Reading Without Rose-Tinted Glasses
If you want to understand where we are in the cycle, skip the noise and follow profits. Corporate profits are the lifeblood of investment, hiring, and market returns.
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TSMC Q3 Profit Expected to Soar 28% on AI Boom
TSMC, the world's largest manufacturer of advanced artificial intelligence chips, is expected to post a 28% jump in third-quarter profit to a record due to the insatiable demand for AI infrastructure, though U.S. tariffs could impact its outlook.
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UK Anti-Islam Activist: Musk Paid for My Defense
British anti-Islam activist Stephen Yaxley-Lennon, also known as Tommy Robinson, went on trial on Monday accused of refusing to give police his phone PIN when stopped under counter-terrorism laws, and said billionaire Elon Musk was funding his defense. Yaxley-Lennon, better...
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Bessent: Government Shutdown Is Hitting Economy
The U.S. federal government shutdown is starting to impact the nation's economy, U.S. Treasury Secretary Scott Bessent said Monday as the closure entered its 13th day.
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Bessent: Trump on Track to Meet Xi in South Korea
President Donald Trump was on track to meet with Chinese leader Xi Jinping in South Korea as the two sides de-escalate tensions over trade disputes, U.S. Treasury Secretary Scott Bessent said on Monday.
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JPMorgan to Invest $10B in Critical US Security Firms
JPMorgan Chase Monday unveiled a plan to hire more bankers and invest up to $10 billion in U.S. companies considered critical to U.S. national security and economic resilience.
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China's Exports to US Sink 27%
China's exports to the United States fell 27% in September from the year before, even though growth in its global exports hit a six-month high.
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China Shows No Sign of Backing Down on Trade
China did not back down Monday in a backandforth with the U.S. over trade, calling for U.S. President Donald Trump to withdraw his latest threat of a 100% tariff and other export control measures announced over the weekend.
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BofA Hikes Gold Price Forecast to $5,000/oz for 2026
Bank of America Global Research Monday raised its price forecasts for precious metals, lifting its 2026 outlook for gold to $5,000 an ounce, with an average of around $4,400.
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Nobel Prize Honors Work on Economic Innovation
Joel Mokyr, Philippe Aghion and Peter Howitt won the Nobel memorial prize in economics Monday for "having explained innovation-driven economic growth."
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Trump: Inflation Is 'Defeated'
Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris' presidential campaign.
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China Locks Down Minerals to Squeeze US on Trade
In a dramatic escalation of the economic standoff between China and the United States, Beijing has moved to intensify its control over rare earth minerals and magnet technologies - a strategic gambit to block trade and open a new front in the trade war.