Breaking News: Economy
- U.S. News
Southwest, pilots’ union near a preliminary labor deal, the last of the major U.S. airlines
Southwest Airlines Boeing 737-700 aircraft is seen landing at dusk time at Ronald Reagan Washington National Airport in Arlington, Virginia.…
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Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September…
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Return to office is ‘dead,’ Stanford economist says. Here’s why
Morsa Images | Digitalvision | Getty Images The share of workers being called back to the office has flatlined, suggesting…
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Fed’s favorite gauge shows inflation rose 0.2% in October and 3.5% from a year ago, as expected
A person shops in a grocery store as prices are displayed on October 12, 2023 in Los Angeles, California. Mario…
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What one Swiss bank’s troubles can tell us about market vulnerabilities — and social media
A pedestrian sheltering under an umbrella passes a Julius Baer Group Ltd. branch in Zurich, Switzerland, on Tuesday, July 13,…
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Here’s what it would take for the Fed to start slashing interest rates in 2024
The Marriner S. Eccles Federal Reserve building during a renovation in Washington, DC, US, on Tuesday, Oct. 24, 2023. Valerie…
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Fed’s Barkin says rate hikes are still on the table if inflation doesn’t continue to ease
Richmond Federal Reserve President Thomas Barkin said Wednesday that policymakers need to retain the option of raising interest rates if…
Read More » - U.S. News
U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated
The U.S. economy grew at an even stronger pace then previously indicated in the third quarter, the product of a…
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Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024
A security guard at the New York Stock Exchange (NYSE) in New York, US, on Tuesday, March 28, 2023. Victor…
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Former Trump advisor says the U.S. economy is ‘back to normal,’ but markets may be jumping the gun on rate hikes
Gary Cohn, vice chairman of International Business Machines Corp. (IBM), during the Milken Institute Global Conference in Beverly Hills, California,…
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