US Multinational Firms Exempt From Global Tax Deal
U.S. multinational corporations will be exempted from paying more corporate taxes overseas in a deal finalized by the Organization for Economic Cooperation and Development.
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Factory Sector Contracts for 10th Straight Month
U.S. manufacturing activity slumped to a 14-month low in December, with new orders contracting further and input costs grinding higher as the sector continued to bear the imprint of President Donald Trump's import tariffs.
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San Francisco Fed: Tariffs May Lower Inflation
The sharp increase in tariffs imposed last year by the Trump administration may reduce inflation rather than increase it, according to research published Monday by the San Francisco Federal Reserve Bank.
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Dallas Mayor: Wall Street to Bolt NYC Under Mamdani
The mayor of Dallas says he's ready to welcome a coming "flood" of Wall Street firms if New York Mayor Zohran Mamdani follows through on his socialist agenda — and even warned that Texas could one day dethrone New York as the nation's financial capital.
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Economist Mark Zandi sees the Fed surprising with three rate cuts in first half of 2026
Markets and Fed officials themselves see only modest easing in the year ahead.
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Gas prices fall to four-year lows as millions embark on holiday road trips
The average price of unleaded gasoline in the U.S. is at its lowest since 2021, according to AAA.
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