Here are the headlines you Need 2 Know for Friday, January 17, 2020:
Cheddar's Hena Doba and Jill Wagner get into the latest.
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Ford announced it would be slowing its production targets for its electric vehicle line.
Stocks opened higher as the market is on pace to record its third straight winning week.
The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily higher interest rates resulting from the Federal Reserve’s 16-month-long fight to bring down inflation.
Despite more than a year of widespread warnings that a recession was near, America’s economy is, if anything, accelerating.
Mattel Working on Multiple Toy Movies
Anheuser-Busch to Lay Off 'Less Than' 20 Percent of Workforce
Jell-O Gets Brand New Logo
What Meta's Better-Than Expected Earnings Report Says About the Future
Sony Sells More Than 40M PlayStation 5 Units
Low-Wage Earners More Likely to Lose Jobs to A.I.
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