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Economy

White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he had misled Congress about a pricey and “ostentatious”…

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Economy

White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

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Economy

White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

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Economy

Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of iconic American cereals, for $3.1 billion. The acquisition is set…

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Economy

Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

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Economy

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling 737 Max jets after a series of manufacturing…

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Economy

Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases

Amazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries and possibly some consumer boredom with an event marking…

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Economy

Waymo offers teen accounts for driverless rides

Waymo announced Tuesday that it is offering accounts for teens ages 14 to 17, starting in Phoenix. The Alphabet-owned company said that, beginning Tuesday, parents in Phoenix can use their…

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Economy

Is a Chinese chain’s blood orange cold brew the future of coffee in America?

Chinese chain Luckin Coffee opened its first two U.S. locations this week, betting that mobile-only ordering and creative flavors can lure customers away from Starbucks. Both new Luckin stores are…

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Economy

As his feud with Trump reignites, Musk’s business with the government is back in the crosshairs

Elon Musk and President Donald Trump are fighting again. Now Musk’s business interests — and the billions in government contracts they enjoy — are once again in the crosshairs. Investors…

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