Economy
‘To sustain the ride, they started to dilute it’: How Black Friday became a retail letdown
Black Friday early morning shoppers rush in as the doors are opened at a Walmart store in Fairfax, Virginia, Nov. 28, 2008. Gerald Martineau | The Washington Post | Getty Images Black Friday has long been defined by massive crowds, rock-bottom prices and rabid consumers willing to bite, scratch and claw their way to the […]
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India economy grows at faster-than-expected 8.2% in September quarter even as tariffs bite
Hadynyah | E+ | Getty Images In a quarter partially affected by the 50% U.S. tariffs, the Indian economy grew faster than expected at an annual rate of 8.2% in the quarter ending in September. The growth was an acceleration from 7.8% in the previous quarter, when a lower deflator unexpectedly boosted real growth. A […]
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SEC investigates Jefferies over First Brands collapse, report says
The Jefferies Financial Group Inc. headquarters in New York, US, on Monday, Oct. 20, 2025. Michael Nagle | Bloomberg | Getty Images The U.S. Securities and Exchange Commission is investigating Jefferies’ relationship into bankrupt auto parts maker First Brands Group, The Financial Times reported Thursday. The newspaper, citing people with knowledge of the matter, said […]
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With Trump’s tax bill set to dent giving by the wealthy, can middle-class donors make up the difference?
A woman puts money into a Salvation Army red kettle outside of Giant Supermarket in Alexandria, Virginia on November 22, 2023. Eric Lee | The Washington Post | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to […]
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New Zealand central bank cuts rates to over 3-year low, signals end to easing cycle
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022. Hagen Hopkins | Getty Images News | Getty Images New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022, but policymakers signaled […]
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