Budget Battles
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Republicans Want Strings Attached to California Disaster Aid
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Biden Goes Out With a Bang in the Jobs Market
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Trump Privately Pushes Senators for ‘One Big, Beautiful Bill’
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Trump Considers Declaring National Emergency for Tariff Rollout
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Trump Unloads: Grievances, Greenland and the Gulf of Mexico
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Republicans Divided Over How to Pass Trump’s Agenda
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Trump Pushes Johnson to Victory as Speaker
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United Airlines: Another Example of How They Screw Up and You Pay the Price
United Airlines might have had the worst customer service and public-relations month for any business entity since New Coke nearly derailed Coca-Cola’s dominance of the soft-drink market three...
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A New Risk for US Businesses: Being Called Out by Trump
By Lauren Hirsch and Mike Stone, ReutersSome U.S. companies are reviewing potential mergers while others are rethinking job cuts or looking at their manufacturing operations in China for fear of being cast as "anti-American" by President-...
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Without Scalia on the Court, Dow Chemical Pays $835 Million to Settle a Case
By Lawrence Hurley, ReutersDow Chemical Co's agreement to pay $835 million to settle a price-fixing dispute provides evidence that Justice Antonin Scalia's death is a blow to businesses that have had success recently in...
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The Scary Truth Behind Walmart’s Struggles
By Kate Taylor, Business InsiderWalmart is not expecting any significant sales growth in the coming year — and that’s bad news for the retail industry as a whole. In October, the retail giant said that net sales would grow 3% to 4...
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Here's Why Amazon May Want Hundreds of Brick-and-Mortar Stores
By Staff KnowledgeWharton, Knowledge@WhartonLast week, when Sandeep Mathrani, CEO of Chicago-based General Growth Properties (GGP), said that online retail giant Amazon plans to open 300 to 400 physical bookstores, he let loose a flurry of...
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The Big Threat That's Sending Tesla Shares Lower
By Michael McDonald, Oilprice.comElon Musk is a genius and a visionary who is almost single handedly changing the future of mankind through three different industries at once. With that said, it’s not clear if investors can easily...
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Here’s the Type of Gun Americans Are Buying at a Record Pace
By Chris Morris, CNBCGun sales have never been hotter in the United States. In the past eight years, the number of people who own firearms has nearly doubled — with 2015 setting records, as 23.1 million people applied...
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Why Retailers Still Can’t Get Cyber Monday Right
By Krystina Gustafson, CNBCIt's been 365 days since retailers last had their sites flooded by bargain-crazed Cyber Monday shoppers. But sometimes, all the stress tests in the world aren't enough to prevent their pages from...
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Chasing Amazon, Walmart Takes to the Skies
By Nathan Layne, ReutersWal-Mart Stores Inc applied Monday to U.S. regulators for permission to test drones for home delivery, curbside pickup and checking warehouse inventories, a sign it plans to go head-to-head with...
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Here's Why Wal-Mart's Stock Tumbled This Week
By Brian Sozzi, The Street"Now, when it comes to Wal-Mart, there's no two ways about it: I'm cheap," wrote Wal-Mart ( WMT - Get Report ) founder Sam Walton in his 1992 memoir "Sam Walton: Made in America." If the notoriously...
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Little Credit Union Uncovers Massive Tax Fraud
By Rob GarverAn alert employee at a tiny credit union in Western Pennsylvania helped tip the FBI to a tax fraud ring draining tens of millions from the U.S. Treasury. The indictment shows that the Internal...
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Jamie Dimon’s Long To-Do List at JPMorgan Chase
By Suzanne McGee, The Fiscal TimesJamie Dimon may have believed that when he closed the doors on the financial crisis of 2007 and 2008, his toughest days as CEO of JPMorgan Chase (NYSE: JPM) were behind him. If he thought that, he...
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Facebook and the Extremely Creepy Possibilities for Virtual Reality: An Interview with Jaron Lanier
By Yuval Rosenberg and Jacqueline LeoWhen Facebook announced last week that it had agreed to acquire Oculus VR, “the leader in virtual reality technology,” for $2 billion, techies and journalists everywhere wondered: What does Jaron...
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GM and NHTSA’s Conspiracy of Silence Unravels
By Eric PianinOne of the most charitable things that’s been said so far about the culpability of General Motors and federal regulators in the unfolding recall scandal is that the two entities “failed to connect...
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Facebook’s Zuckerberg Bets Big on Virtual Reality
By ALEXEI ORESKOVIC and Malathi Nayak, ReutersFacebook Inc will acquire two-year-old Oculus VR Inc, a maker of virtual-reality glasses for gaming , for $2 billion, buying its way into the fast-growing wearable devices arena with its first-ever...