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Economy
High Citi strategist says more healthy financial progress is coming
Jim Dyson | Getty Images News | Getty ImagesThe global economy does not need a "collapse" in order to bring inflation back to target and return to sustainable…
Shopper sentiment surges whereas inflation outlook dips, survey exhibits
An employer representative at a Veteran Employment and Resource Fair in Long Beach, California, on Jan. 9, 2024.Eric Thayer | Bloomberg | Getty ImagesConsumers…
Spending is powerful, delinquencies down from 2019
Stephen Squeri, chair and CEO of American Express, speaks during an Economic Club of New York event in New York on Nov. 10, 2022.Stephanie Keith | Bloomberg |…
Fed’s Raphael Bostic expects charge cuts to occur within the third quarter
Raphael Bostic at Jackson Hole, WyomingDavid A. Grogan | CNBCAtlanta Federal Reserve President Raphael Bostic expects policymakers to start cutting rates in the…
Gross sales rose 0.6% in December, topping expectations for vacation
Holiday shopping turned out even better than expected in December as shoppers picked up the pace to close out a strong 2023, the Commerce Department reported…
Company debt defaults soared 80% in 2023, might be excessive in 2024
Javier Ghersi | Moment | Getty ImagesCorporate debt defaults soared last year and could be a problem again in 2024 as cash-strapped companies deal with the…
Germany skirts recession on the finish of 2023 however faces extended stoop
German Chancellor, Olaf Scholz arrives for the weekly federal government cabinet meeting on Oct. 11, 2023 in Berlin, Germany.Michele Tantussi | Getty Images…
Delivery boss says Crimson Sea disruption may hit international development
Ongoing disruption to trade flows through the Red Sea could hit global economic growth, the head of one of the world's largest container shipping firms said…
U.S. deficit tops half a trillion {dollars} in first quarter of fiscal 12 months
US President Joe Biden, with Treasury Secretary Janet Yellen, speaks during a meeting with his cabinet at the White House in Washington, DC, on March 3,…
Wholesale costs unexpectedly fall 0.1%
Wholesale prices unexpectedly declined in December, providing a positive signal for inflation, the Labor Department reported Friday.The producer price index…