At Home retailer closing 8 California stores in bankruptcy reorganization • Southern Californians buy 24% fewer homes as prices near record high
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Wednesday, June 18, 2025

How Donald Trump is turning the US into an EV laggard

While China dominates the market for plug-in vehicles, in part thanks to government incentives, “all major EV policies in the US are under fire.”

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At Home retailer closing 8 California stores in bankruptcy reorganization

Five in Southern California will close by late September.

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Southern Californians buy 24% fewer homes as prices near record high

April’s $820,000 median sales price is just $1,125 below the all-time high set in February.

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Nippon Steel finalizes $15B takeover of US Steel after sealing national security agreement

The combined company will become the world’s fourth-largest steelmaker.

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Practical ways to tackle overspending

Try setting limits for yourself and saving before you spend.

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Amazon hopes to deliver 10,000 robotaxis annually with new factory, challenging Waymo

The factory heralds a new phase in Amazon’s push into the technological frontier.

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Average long-term US mortgage rate eases to 6.81%, the third consecutive weekly decline

The long-term rate fell to 6.81% from 6.84% last week.

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Amazon CEO Jassy says AI will reduce its corporate workforce in the next few years

Jassy encouraged employees to get on board with their AI plans.

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Fed leaves key rate unchanged as it awaits the impact of tariffs and Trump again scolds Powell

Officials expect inflation to worsen in the coming months.

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Wall Street rises as oil prices ease and the countdown ticks to the Fed’s decision on interest rates

The widespread expectation is for the Fed to keep its main interest rate steady.

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