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Orders for Big-Ticket Manufactured Goods Ticks up Just 0.4%

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods increased just 0.4% in August following a much larger gain in the previous month. It was the fourth consecutive monthly increase, but the most recent uptick was far weaker than the 11.7% surge in July, the Commerce Department reported Friday....

Biden’s Tax Plan Could Dampen Local Economy & Limit Housing Options, Experts say

Joe Biden's tax plan is creating concern that it could hamper efforts to address the critical shortage of affordable housing across California. At issue is a provision that would make it more expensive for many developers to invest in apartments and other commercial projects. The proposal from the former vice...

US Economy Facing Heightened Uncertainty, Says Fed Chief

WASHINGTON — Federal Reserve Chairman Jerome Powell says the outlook for the U.S. economy is “extraordinarily uncertain” and the success of the recovery effort will depend in large part on the country’s ability to contain the spread of the coronavirus. “A full recovery is unlikely until people are confident that...

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