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The Economy Has Defied Expectations. Here’s What to Focus On in the GDP Data.

July 26, 2023 / no comments

The Commerce Department releases the broadest measure of U.S. growth on Thursday.

Meta Takes Some Profitable Social Cues

July 26, 2023 / no comments

Facebook parent’s strong results and outlook set a better stage for the investment cycle.

U.S. Moves to Improve Airplane Bathrooms for People With Disabilities

July 26, 2023 / no comments

New regulations announced by the Transportation Department will mandate that more new planes have accessible lavatories, though the requirement will not take effect for years.

Justice Department and EPA Probe Telecom Companies Over Lead Cables

July 26, 2023 / no comments

EPA demands data under “Superfund” law, prompted by WSJ articles.

Trucker Yellow Prepares to File for Bankruptcy as Customers Flee

July 26, 2023 / no comments

Trucking company Yellow is preparing to file for bankruptcy, according to people familiar with the matter, heightening the threat that one of the nation’s largest freight carriers will shut down as customers abandon it amid a cash crunch and union negotiations.

Mattel Needs Barbie’s Movie Magic to Lift Toy Sales

July 26, 2023 / no comments

Partnerships and marketing blitz aim to power company past decline in quarterly sales and earnings.

White House Condemns Fox News Over Greg Gutfeld’s Holocaust Comments

July 26, 2023 / no comments

In a debate over Florida’s African American history curriculum, Greg Gutfeld said Jews in Nazi concentration camps “had to be useful” to survive, remarks that the White House called “an obscenity.”

Dow Notches Longest Winning Streak Since 1987

July 26, 2023 / no comments

The blue-chip index notched a 13th consecutive advance for the first time since January 1987, rising as the Federal Reserve increased interest rates to a 22-year high. 

Fed Raises Rates After a Pause and Leaves Door Open to More

July 26, 2023 / no comments

Federal Reserve officials lifted borrowing costs by a quarter-point after pausing in June. They could rise more, but the central bank is not ready to commit.

Fed raises rates after a pause and leaves door open to more.

July 26, 2023 / no comments

Federal Reserve officials lifted borrowing costs by a quarter-point after pausing in June. The question now is: What comes next?

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