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Retail sales flat in April

Retail sales were unchanged in April, the Commerce Department said Wednesday. Sales at gasoline stations offset weakness in autos and several other categories.

The 5 changes to the 401(k) that could make a big difference to your retirement

From blocking preretirement withdrawals to accounting for long-term care of family members, improving the nation’s most popular retirement-investing tool is one of the Best New Ideas in Money.

New York State’s Empire State factory gauge weakens further in May

The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, fell 1.3 points in May to negative 15.6, the regional Fed bank said Wednesday.

3M’s new lowered dividend yield is still double the S&P 500’s

3M’s stock pulled back slightly from a 15-month high on Wednesday, after the consumer and industrial products company cut its quarterly dividend by more than half in the wake of the spinoff of its healthcare business.

GameStop’s meme rally will likely be a series of ‘descending spikes,’ says market-cycles expert

“All of the GameStop rallies have been pretty spiky.”

Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help.

Standard credit card transactions remain elusive but more financial services firms are moving into the space.

Oil prices hover near 9-week lows as traders await CPI data

Oil futures edged lower Wednesday after ending the previous session at nine-week lows, with traders awaiting a key U.S. inflation reading and official storage data.

NYCB’s loan sale to JPM praised as ‘important first step’ in turnaround

NYCB’s stock rises 5% in premarket trades after announcing deal to sell loans to JPMorgan Chase.

Why you might consider bitcoin and gold to keep your wealth safe

Both assets are far removed from government’s grasp.

AMC discloses debt-for-equity swap that will see it issue 23.3 million shares

AMC is exchanging stock for bonds that mature in 2026.

Bitcoin is struggling at these prices — and crypto traders are fretting

Is a crypto crash near? Why some bitcoin experts are breaking with the bulls.

Mortgage rates fall for second week in a row, giving a ‘small boost’ to refinances

Mortgage applications rose 0.5% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.08%.
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