News from the economy, politics and the financial markets
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Rep. Marjorie Taylor Greene says she will resign, after fallout with Trump
Rep. Marjorie Taylor Greene supported a bill compelling the release of the Jeffrey Epstein files by the DOJ, putting her on the bad side of President Trump.
Supreme Court blocks order that found Texas congressional map is likely racially biased
The U.S. Supreme Court on Friday temporarily blocked a lower court court ruling that found Texas' 2026 congressional redistricting plan likely discriminates on the basis of race.
Cramer's week ahead: Earnings from Burlington, Best Buy, Kohl's and Dell
CNBC's Jim Cramer on Friday walked investors through next week on Wall Street.
The average net worth by age — and how to grow yours
Your net worth is a snapshot of your financial standing. See how you compare to your generation and others.
Trump praises NYC Mayor-elect Mamdani after White House meeting, shrugs off being called 'fascist'
The meeting with Trump was requested by Mamdani, whose victory over ex-New York Gov. Andrew Cuomo in NYC's mayoral race put him at the center of U.S. politics.
Paramount, Comcast, Netflix submit bids for Warner Bros. Discovery
Warner Bros. Discovery recently expanded its strategic review of its business, saying it's open for a sale. First-round bids came in this week.
Air cargo impact from post-crash MD-11 grounding seen as 'minimal,' analysts say
Air cargo could be impacted by the UPS and FedEx fleet groundings ahead of the busy holiday season.
Wall Street heads into Thanksgiving week with questions over AI trade, Fed rate cut
Next week's shortened holiday week could prove volatile.
Air traffic controllers, technicians with perfect attendance in shutdown to get $10,000 bonuses, FAA says
Close to 800 air traffic controllers and technicians with perfect attendance will get $10,000 bonuses, the FAA said.
Americans’ 401(k)s are surging with market gains — these top IRAs can help you build even more
Retirement savers can ride a market upswing by opening an IRA.
Why Trump's tariff rollback won't lower grocery prices right away
President Donald Trump is rolling back tariffs on some imported food items, but that won't lower prices at the grocery store right away.
One Fed official may have saved market from another rout. Why John Williams' remarks matter so much
With his position comes membership in the Fed's leadership troika, a group that also includes Chair Jerome Powell and Vice Chair Philip Jefferson.
Social Security beneficiaries will soon receive 2026 benefit notices. Here are the changes to watch for next year
In 2026, retirees who rely on Social Security will see a 2.8% benefit boost. A new tax deduction and Medicare prices will also affect their bottom line.
Fed won't get key inflation data before next rate decision as BLS cancels October CPI release
The BLS said it was canceling the release of the October CPI, leaving the Fed without a key piece of inflation data before it next decides on interest rates.
Eli Lilly hits $1 trillion market value, a first for a health-care company
The pharmaceutical giant Eli Lilly's stock has been riding the skyrocketing demand for its weight loss injection Zepbound and diabetes treatment Mounjaro.
Two retail stocks to buy as the holiday shopping season kicks off next week
Loop Capital says Best Buy and Five Below will stand strong in a cloudy U.S. economy.
House Democratic leader gets in fiery clash as he defends ACA tax credit extension plan
The fight over the ACA tax credits was at the center of the 43-day shutdown, which ended last week without a clear solution on health care.
Bitcoin continues slide that's roiling markets, threatens to break below $80,000
Bitcoin almost dipped below its critical $80,000 support level.
Tech got crushed this week. This options trade generates income and can capture a rip back to record highs
Jeff Kilburg of KKM Financial breaks down this risk reversal options trade.
Kering CEO plans 'House of Dreams' investment arm to help trim reliance on Gucci: Reuters
Kering's new CEO Luca De Meo plans to set up a new unit to scout for up-and-coming brands to invest in, documents seen by Reuters show.
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