Chevron is buying oil exploration, production company PDC Energy; Treasury Secretary Yellen says June 1 is ‘hard deadline’ for U.S. default; European Union fines Meta $1.3 billion over data handling; Venmo will allow teen accounts

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Biden, McCarthy scheduled to resume talks; Economists don’t expect interest rate decrease in 2023; American Airlines pilots reach tentative labor deal - May 22, 2023

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Stocks fall; Powell says recent bank failures could slow lending; corporate bond issuance up this month; John Deere profits rise

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A poll says about two thirds of U-S adults are very concerned about how a government default would affect the economy; N.Y. Fed President says we could return to a low-interest rate environment; there’s a new version of ChatGPT for the iPhone; Footlocker earnings disappoint.

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House Speaker Kevin McCarthy says he thinks there could be a House vote on it next week; Disney is closing a luxury hotel at Disney World; Five TikTok creators file a lawsuit to overturn Montana’s ban on the platform. - May 19, 2023

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Stocks rise; existing home prices fall in South and West; corporate bankruptcy filings on track for record year; jobless claims fall

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Walmart stock popped after the company said U-S sales were up about seven percent; the Labor Department reports that first time applications for unemployment rose less than expected over the past week; Dallas Fed President says the Fed may not pause its series of interest rate increases next month.

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President Joe Biden is among the world leaders arriving today in Hiroshima; Biden says he’s confident there will be a deal on the debt ceiling; Montana’s governor signs a bill banning TikTok.

- May 18, 2023

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Stocks rise; demand for new homes has been rising; Target sales comparable sales were flat; Western Alliance says deposits grew last quarter

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Target forecasts lower sales in Q2; Homebuilders build more single-family homes; IRS to try out free e-filing for all; Russia reports budget deficit of $44 billion

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