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Living in the Now, with John Doe
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Oil prices flat after OPEC+ again delays phase-out of production cuts
Oil futures were little changed Thursday morning after the Organization of the Petroleum Exporting Countries and its allies, as expected, agreed to further postpone a proposed unwinding of production cuts.
Jobless claims show extremely low layoffs and little sign of trouble for U.S. economy
The number of Americans who applied for unemployment benefits during Thanksgiving rose to a six-week high, but jobless claims stayed at extremely low levels in a clean bill of health for the U.S. economy.
Signet Jewelers’ stock drops as it faces ‘competitive’ environment and misses Wall Street’s profit and sales estimates
Retailer warns its revenue may fall short of expectations in the coming quarter.
Kroger’s sales growth dinged by lower fuel prices and more, sending stock lower
Kroger Co.’s stock fell 4% early Thursday, after the grocery chain’s third-quarter revenue fell below expectations, weighed down by the sale of its specialty pharmacy business and as fuel sales were hit by lower prices.
Fannie Mae CEO reveals hard truths about rising mortgage rates — and tells home buyers how to deal with it
Don’t count on Fed cuts to lower mortgage rates. Instead, build a strong credit record so you qualify for the cheapest loan.
Southwest Airlines’ stock jumps as carrier is latest to raise guidance on strong travel demand
Southwest Airlines Co.’s stock jumped 2.4% in premarket trade Thursday, after it became the latest airline to boost guidance for the fourth quarter, as travel demand remains resilient and it benefits from efficiency measures.
Dollar General posts sales beat despite protracted consumer restraint
The numbers reflected the impact of multiple hurricanes, the company said.
World economy has exited the ‘boom and bust’ cycle, BlackRock says
‘Mega forces’ including artificial intelligence technologies are reshaping the global economy in a way that has seen it leave behind traditional boom and bust cycles, BlackRock said
This analyst talked of $100,000 bitcoin a decade ago — here’s what he says now
There’s a 2% chance bitcoin can become all of money, which would then value the cryptocurrency at $5 million, analyst says
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