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Saturday, July 20, 2019  Spokane, Washington  Est. May 19, 1883
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National business

News >  Business

Pittsburgh Post-Gazette to cut print edition to 3 days

The Pittsburgh Post-Gazette, one of Pennsylvania’s largest newspapers, will cut its print edition to three days as it grapples with declining advertising and digital threats, according to newsroom sources and widely published reports.

News >  Business

Fed repeats pledge to act to sustain economic expansion

The Federal Reserve on Friday repeated its pledge to “act as appropriate” to sustain the current economic expansion, now the longest in U.S. history, while noting that most Fed officials have lowered their expectations for the future course of interest rates.
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Trump says US should start manipulating the dollar

President Donald Trump on Wednesday accused China and Europe of playing a “big currency manipulation game.” He said the United States should match that effort, a move that directly contradicts official U.S. policy not to manipulate the dollar’s value to gain trade advantages.
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Walmart heir, Buffett to give away $4.8 billion of fortunes

UPDATED: Mon., July 1, 2019, 11:02 a.m.

Warren Buffett said Monday he plans to donate $3.6 billion of Berkshire Hathaway stock to five charities – one of his largest gifts ever – while Walmart heir Jim Walton gave away $1.2 billion of the retailer’s shares last week. And Home Depot co-founder Bernie Marcus said this weekend he’s planning to gift almost his entire $4.5 billion fortune before he dies.
News >  Business

U.S. consumers increase spending a modest 0.4% in May

WASHINGTON – Consumer spending increased 0.4% in May, a modest gain that suggests Americans remain confident enough about the economy’s outlook to keep shopping. The Commerce Department said Friday that incomes rose 0.5% and inflation remained tame, increasing just 1.5% in the past year. Still, there were signs that core prices, which exclude food and energy, accelerated slightly.