California borrows $3.4 billion for Medicaid as Congress eyes steep cuts • Under Trump, Social Security resumes what it once called ‘clawback cruelty’
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Thursday, March 13, 2025

Forever 21 weighs closing all stores ahead of bankruptcy

Efforts to find a buyer for the fast-fashion retailer to avoid a liquidation have so far failed.

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California borrows $3.4 billion for Medicaid as Congress eyes steep cuts

The Department of Finance said the money was necessary to make critical payments to Medi-Cal health care providers.

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Under Trump, Social Security resumes what it once called ‘clawback cruelty’

Advocates for Social Security beneficiaries described the action as cruel and harmful.

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How to shop amid tariff uncertainty

More tariffs may be ahead, but there are ways consumers can prepare.

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FTC reverses its request for a delay in an Amazon trial, says it has resources to litigate the case

The FTC walked back comments that a lack of resources is interfering preparations.

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US workers with remote-friendly jobs are still working from home nearly half the time, 5 years after the pandemic began

In 2019, remote work accounted for only 7% of the nation’s paid workdays.

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Meta to start testing crowd-sourced fact-checking, based on X example, next week

Meta ended its fact-checking program in January.

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Average US rate on a 30-year mortgage edges higher, ending a seven-week slide

The average rate rose to 6.65% from 6.63% last week.

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February US wholesale prices unchanged showing inflation easing, though trade wars threaten trend

Trump’ trade war threatens to send inflation higher.

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Los Angeles rent hikes run twice national increases, report says

L.A. rents have risen 0.7% for the first two months of the year, more than double the 0.3% increase for local units a year ago and rental nationwide in 2025.

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