Fed governor says current economy is 'calling for large interest rate cuts' to help job market
Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher.
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Target bets on $5B store revamp plan to revive sales
Target announced a $5 billion investment to expand with larger stores and revamp existing locations despite ongoing sales challenges and market pressures.
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Nearly 1 in 4 American households living paycheck to paycheck, report reveals
A new Bank of America Institute report shows 24% of U.S. households live paycheck to paycheck in 2025, up from last year as inflation continues to outpace wages.
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