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Pzena Investment Management’s investment philosophy is simple: it seeks to buy good businesses at low prices. Pzena focuses exclusively on companies that are underperforming their historically demonstrated earnings power, performing…
President Donald Trump is set to travel to China this week for a summit with Chinese President Xi Jinping that comes as the relationship between the world’s two largest economies…
Inflation surged in April as consumer prices rose amid the impact of the Iran war…
Social Security beneficiaries are expected to see a larger cost-of-living adjustment (COLA) next year amid rising inflation, according to new reports. An analysis by The Senior Citizens League (TSCL) predicts…
The U.S. national debt is climbing at a rapid pace and has shown no signs of slowing down in 2026 despite the growing criticism of massive levels of government spending.…
Coffee giant Starbucks is slashing about 300 U.S. support roles and closing some regional support offices. “We are taking further action under the Back to Starbucks strategy, building on our…
Amazon is facing a new class action lawsuit accusing the company of failing to refund tariff-related costs it passed on to consumers through higher prices in order to appease the…
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Federal Reserve Chair Jerome Powell on Wednesday announced he will remain a member of the Fed’s Board of Governors after his term as chairman ends next month, though he added that he won’t be a “shadow Fed chair.” The outgoing Fed chair hosted his final…
A new report from the New York Federal Reserve found that while Americans’ credit card debt is falling, an uptick…
FedEx and UPS said they will return tariff refunds to customers after a Supreme Court ruling opened the door to…
Young Americans continued to make up the largest share of those transitioning into credit card delinquency in the second quarter,…
This story about the March 2026 PCE inflation is developing and will be updated with more details. The Federal Reserve’s…
The Federal Reserve on Wednesday cut its benchmark interest rate by 25…
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The IRS’ taxpayer advocate issued a notice that tens of millions of…
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The deadline to file 2025 tax returns is looming on Wednesday, April…
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Costco has discreetly increased gas rewards for holders of its branded credit…
