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Dow, S&P 500 Close at Record Highs as Santa Rally Starts
Stocks closed higher on Wednesday with each of the major indexes recording their fifth straight session of gains as the Dow Industrials and SP 500 registered closing record highs in a broad rally during a holiday-shortened session.Indexes have been climbing in recent...
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Christian Artists Climbing the Charts in Pop's Mainstream
It is one of the most surprising music stories of the year. While streams of new music - releases from the last 18 months - were down from last year one genre is on the rise Christian and gospel music according to industry data and analytics company Luminates 2025...
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Investigators Probe Wreckage of Deadly Nursing Home Explosion
Construction crews and drones searched the rubble of a Pennsylvania nursing home Wednesday a day after a powerful explosion killed at least two people collapsed part of the building and left several residents unaccounted for.Emergency responders from across the region had...
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Trump Order Gives Hemp Industry Leverage in Looming Ban Fight
President Donald Trump boosted the hemp industry with an executive order to fast-track marijuana rescheduling and pursue Medicare coverage for CBD as Congress weighs restrictions that could wipe out many hemp-derived products.
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WSJ: Beijing Fears Its Own AI
Despite viewing artificial intelligence crucial to the countrys economic and military future the Chinese Communist Party reportedly also sees the technology as a threat.
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Trump Says 'I Love AI' as Boom Bets Fuel Bubble Fears
The stock market was jittery in early November as investors again questioned whether Big Techs massive artificial intelligence spending was outpacing reality.
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US Weekly Jobless Claims Unexpectedly Fall
The number of Americans filing new applications for jobless benefits unexpectedly fell last week but the unemployment rate likely remained high in December amid sluggish hiring.Initial claims for state unemployment benefits dropped 10000 to a seasonally adjusted 214000...
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AI Spending, Strong Corporate Profits, Fed Rate Cuts Seen as Key to 2026 Stock Market
The U.S. stock market is closing the books on a third straight year of double-digit percentage gains. A fourth stellar year in 2026 may be a tall order requiring strong earnings a dovish Federal Reserve and strong artificial intelligence spending.The bull market for U.S....
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Report: US Will Delay Tariffs on China Chips to 2027
US trade officials determined that China should be punished for employing unfair tactics to dominate the semiconductor industry but will wait 18 months to impose tariffs American authorities said Tuesday.A US Trade Representative USTR investigation concluded Chinas...
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US Agency Probes Tesla Model 3 Emergency Door Release
The U.S. auto safety regulator said on Wednesday it has opened a defect investigation into Tesla Model 3 compact sedans over concerns that emergency door release controls may not be easily accessible or clearly identifiable in an emergency.The Office of Defects...
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Economist Acemoglu to Newsmax: AI Faces Trillion-Dollar Gamble
Nobel Prize-winning economist Daron Acemoglu told Newsmax that artificial intelligence might have a path to profitability but warned it is an increasingly unlikely one given the staggering capital required to build and maintain the infrastructure behind the technology.
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Kevin Hassett to Newsmax: 94% of Economists Underestimated Trump
Kevin Hassett director of the National Economic Council said Wall Street economists have repeatedly underestimated President Donald Trumps economic agenda pointing to new data showing the U.S. economy grew at a robust 4.3% annual rate in the third quarter.
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US Bars 5 Europeans Over Tech Censorship Push
The State Department announced Tuesday it was barring five Europeans it accused of leading efforts to pressure U.S. tech firms to censor or suppress American viewpoints.
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LendingTree Survey: Holiday Debt Highest Since 2022
Rising prices and persistently high interest rates are driving more Americans to put holiday purchases on credit cards leaving many consumers with balances that could take months or longer to repay according to a new survey from LendingTree.
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Trump: Good Economic News No Longer Lifts Markets
President Donald Trump bemoaned "The Trump Rule" in a post on his Truth Social account Tuesday noting the stock market did not have a robust day despite positive economic news.
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S&P Closes at Record High as Growth Stocks Advance
U.S. stocks rose Tuesday and the SP 500 notched a closing record after a flurry of economic data that included a reading of economic growth pushed bond yields higher and elevated growth names.
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US Pressures Allies Over Rules Targeting American Tech
The Trump administration is stepping up pressure on foreign governments over digital regulations that it argues unfairly target American technology companies making protection of U.S. innovation and market access a central part of its trade strategy.
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Soaring Price of Gold Signals Economic Crisis
As dollar weakens Americans face rising borrowing costs more volatile prices and less purchasing power.
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Trump Admin to Resume Student Loan Wage Garnishment
Under the Trump administration the Department of Education will resume wage garnishment for federal student loan borrowers in default beginning in early January restarting a major enforcement tool that has largely been dormant...
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Senior Baby Boomers Turn 80 in 2026
The oldest baby boomers once the vanguard of an American youth that revolutionized U.S. culture and politics turn 80 in 2026.
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Treasury Probes SW Border Money Laundering
The U.S. Department of the Treasury has launched an enforcement operation targeting more than 100 money services businesses operating along the southwest border for potential violations tied to money laundering and illicit finance.
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Kevin Hassett: GDP 'Fantastic,' Job Gains to Jump
White House economic adviser Kevin Hassett said stronger-than-expected U.S. economic growth reported Tuesday is a product of President Donald Trumps trade policies and of investment in artificial intelligence and heralds faster job gains ahead.
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Obamacare Enrollment Declines as US Subsidies Expire
Enrollment for health insurance under the U.S. Affordable Care Act dipped to 15.6 million for 2026 Mehmet Oz the U.S. Centers for Medicare and Medicaid Services administrator said Tuesday from roughly 16 million last year.
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Gold, Silver and Platinum Sparkle at All-Time Peaks
Silver extended its record rally Tuesday breaching the key 70 an ounce mark while gold and platinum also touched historic highs.
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US Drivers Are Seeing Lower Gas Prices This Holiday
This holiday season many U.S. drivers are getting the gift of lower gas prices.