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Economy
U.S. Latino financial output grows to $3.2 trillion, new research says
The U.S. Latino economy continues to grow, reaching $3.2 trillion in 2021, up from $2.8 trillion the year prior, according to a new report by the Latino Donor…
U.S. is weaker now than after we downgraded in 2011
Washington, D.C. - March 17, 2023: President Joe Biden and House Speaker Kevin McCarthy speak outside the Annual Friends of Ireland Luncheon at the U.S.…
Some delicate commodity costs are surging, including to client woes
A farmer cutting a cocoa pod to collect the beans inside on a farm in Azaguie, Ivory Coast, on Friday, Nov. 18, 2022.Bloomberg | Bloomberg | Getty ImagesSurging…
Bank card losses rising at quickest tempo since Nice Monetary Disaster
Frederic J. Brown | AFP | Getty ImagesCredit card companies are racking up losses at the fastest pace in almost 30 years, outside of the Great Financial Crisis,…
Fed rate of interest strikes affected by authorities shutdown
An eagle sculpture stands on the facade of the Marriner S. Eccles Federal Reserve building in Washington, D.C.Andrew Harrer | Bloomberg | Getty ImagesA looming…
Hanging unions impacting the economic system at a degree not seen in many years
The auto workers' strike is the latest in a series of labor-management conflicts that economists say could start having significant growth impacts if they…
CPI report August 2023: Inflation rose 0.3%
Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items.The consumer price…
PPI inflation report August 2023:
Interior view of a Costco store on August 18, 2020 in Teterboro, New Jersey. On Thursday, Costco Wholesale (COST) stock hit into the 90-plus percentile with an…
Delivery big Maersk unveils first vessel working on inexperienced methanol
A.P. Moller-Maersk, is one of the world's biggest container shippers with a market share of around 17%, and is widely seen as a barometer of global trade.Andia…
Credit score crunch worries at 10-year plus excessive, New York Fed survey says
Choochart Choochaikupt | Istock | Getty ImagesAmerican consumers are worried about access to credit amid persistently higher interest rates and tighter…