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Economic growth crushes expectations to close out strong 2023

The U.S. economy grew 2.5% in 2023, ending the year with slow but surprisingly strong growth despite widespread fears of a recession. U.S. gross domestic product (GDP) grew at an annualized rate of 3.3% in the fourth quarter of 2023, according to data released Thursday by the U.S. Bureau of Economic Analysis (BEA). Consensus forecasts […]

WV Conservatives Seek to Close Primaries After NH Voter Crossover

The debate over New Hampshire's open primary system has become the scene of a battle in West Virginia as conservatives seek to end the state's primary election early. Former President Donald Trump defeated former United Nations Ambassador Nikki Haley by a double-digit margin on Tuesday night, becoming the first non-incumbent lawmaker to win both the […]

Rite Aid set to close more stores: Here’s where

Since filing for Chapter 11 bankruptcy last year, Rite Aid has closed about 200 stores across the United States. The Philadelphia-based company will close 10 more stores. Rite Aid has reported annual losses in recent years and, like its rivals, faces financial risks from lawsuits over opioid prescriptions. (wisconsin) — Rite aid has announced plans […]

CVS store to close after DC thieves ransack location for months, leaving shelves bare

A CVS store in Washington, D.C., will close after a group of sticky-fingered teens routinely ransacked the store, leaving shelves exposed. A pharmacy storefront in Washington, D.C.'s Columbia Heights neighborhood will close on February 29, according to FOX affiliate WTTG-TV. The closure comes months after a video was released showing empty shelves lined up after […]

Meta shares close at a record as last year's mega rally continues – CNBC

Mark Zuckerberg, founder and CEO of Meta, speaks at the MetaConnect event at Meta Headquarters in Menlo Park, California, on September 27, 2023. Josh Edelson | AFP | Getty Images Zuckerberg claimed 2023 will be the “year of efficiency” following a disastrous 2022, when stocks plummeted 64% to their lowest since 2016. Meta’s previous high […]

Macy’s to slash 2,350 jobs, close 5 stores in streamlining effort: report

The Barron's Roundtable panel provides insight into investments in Macy's, Nordstrom, and Gilead Sciences. Macy's, the famous retailer, plans to close five stores and lay off more than 2,000 employees, the Wall Street Journal reports. WSJsaid the retail giant plans to lay off about 2,350 positions, or 3.5% of its workforce, citing a memo sent […]