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Business

How the Rich’s ‘Unapologetic Luxury’ Spending Is Driving Up Everyday Prices for Everyone

Wealthy consumers continue to spend freely on high-end goods, a trend economists call “unapologetic luxury.” This persistent demand is keeping prices elevated in luxury...

Defaults in debt markets are starting again, warns Pimco. Here’s the bond giant’s game plan.

Defaults in debt markets are beginning to re-emerge, according to bond giant Pimco. The firm warns that the prolonged period of low defaults is...
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SpaceX Employee Paper Wealth Now Enough to Buy Every Home in This Texas City

SpaceX employees now hold enough paper wealth to purchase every home in a specific Texas city, according to recent...

White Working-Class Voters Shift Away From Trump on the Economy

A review of polling data reveals a significant shift among white working-class voters regarding President Trump’s handling of the...

How Sergio Gor Is Reshaping U.S. Diplomacy in India with Business-Driven Ambassadorship

Sergio Gor, serving as U.S. Ambassador in New Delhi, is reshaping the traditional diplomatic role during the Trump era....

Redrawing America: The Rising Push for State Secession and Regional Independence

The idea of redrawing state lines or even breaking away from the union is gaining traction across the country....

Iran’s Harder Stance Complicates U.S. Negotiations as a Deal Looms

The United States is moving closer to a potential deal with Iran, but the country’s new leadership appears more...

The Real Credit Card Problem Isn’t Debt—It’s Too Little Lending

America’s credit card landscape is shifting, but not in the way headlines suggest. The common narrative focuses on rising...