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Business & Finance

Macy's rejects Arkhouse's $5.8 billion bid, citing financing concerns

[ad_1] A Macy’s store is seen at Herald Square on December 11, 2023 in New York City.  Michael M. Santiago

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Business & Finance

Why Fed rate hikes take so long to affect the economy, and why that effect may last a decade or more

[ad_1] The U.S. economy continues to grow despite the 5.5% benchmark federal funds interest rate set by the Federal Reserve

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