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Economy
The Fed's hottest inflation indicator rose 0.2% in July, as anticipated
Inflation rose slightly in July, according to a measure favored by the U.S. Federal Reserve as it prepares for its first interest rate cut in over four…
In accordance with ADP, personal payroll development slowed to 122,000 in July, lower than…
Private employment growth continued to slow in July and wage gains fell to a three-year low, payroll company ADP said on Wednesday.Companies created only…
Elevated demand for sausage might be a worrying sign for the financial system
A meat counter with various types of sausages at a Fred Meyer grocery store, a branch of Kroger, in Palmer, Alaska.Michael Siluk | Universal Images Group…
“What are you in search of?”
Federal Reserve Chairman Jerome Powell arrives for a press conference following a meeting of the Federal Open Market Committee at the William McChesney Martin…
Strategist: Recession within the US is imminent and “a couple of rate of interest cuts” is not going…
An Aldi supermarket in Alhambra, California, USA, on Thursday, June 27, 2024. Eric Thayer | Bloomberg |Contrary to popular belief, investment research firm BCA…
Saudi Arabia’s spending coverage is taking a transparent strategic shift
Riyadh, Saudi Arabia.Xavierarnau | E+ | Getty ImagesSaudi Arabia is focusing heavily on domestic investment – and is therefore placing higher demands on…
The wholesale inflation price rose by 0.1 %
A key indicator of wholesale inflation rose less than expected in July, opening the door for a rate cut by the US Federal Reserve.The producer price index,…
US job progress has been revised downward by essentially the most since 2009. Why it's…
People line up as they wait for the JobNewsUSA.com South Florida Job Fair to open on June 26, 2024 at the Amerant Bank Arena in Sunrise, Florida. Joe Raedle…
Fed survey exhibits low employment and dissatisfaction with pay
Job seekers attend the JobNewsUSA.com South Florida Job Fair taking place on June 26, 2024 at the Amerant Bank Arena in Sunrise, Florida. Joe Raedle |Another…
Goldman Sachs lowers chance of US recession to 20% primarily based on new information
Goldman Sachs cut its probability forecast for a U.S. recession to 20% shortly after raising it as new jobs data triggered a reassessment of market views on…