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Economy
Economy increased at a 1.6% rate
U.S. economic growth was much weaker than expected to start the year and prices rose at a faster pace, the Commerce Department reported…
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GDP report Thursday likely to show economy still growing at solid pace
The U.S. economy likely expanded at a solid pace in the first three months of the year and perhaps even better than Wall Street expects,…
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Why the Fed keeping rates higher for longer may not be such a bad thing
US Federal Reserve Board Chairman Jerome Powell arrives to testify at a House Financial Services Committee hearing on the "Federal…
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Something strange has been happening with jobless claims numbers lately
Xinhua News Agency | Xinhua News Agency | Getty ImagesCalling the state of the U.S. jobs market these days stable seems like an…
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Risk of a global recession is minimal, IMF economist says
One of the International Monetary Fund's top economists signals little risk of a global recession, despite the ongoing rumblings of…
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High company valuations a ‘worry,’ IMF’s capital markets chief says
Financial Counsellor and Director of the Monetary and Capital Markets Department Tobias Adrian hold the press briefing of the Global…
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UK inflation, March 2024
Inflation in the U.K. eased to 3.2% in March, the Office for National Statistics said on Wednesday.That was slightly higher than the…
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IMF upgrades global growth forecast as economy proves ‘surprisingly resilient’ despite…
Crowds walk below neon signs on Nanjing Road. The street is the main shopping district of the city and one of the world's busiest…
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U.S. economy will see ‘more things break’ in 2025 if rates stay high: Strategist
U.S. Federal Reserve Chair Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on…
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Retail sales jumped 0.7% in March, much higher than expected
Rising inflation in March didn't deter consumers, who continued shopping at a more rapid pace than anticipated, the Commerce Department…
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