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A shopper peruses cheese offerings at a Target store Wednesday, Oct. 4, 2023.
Business

Inflation declined to 3.8% in May, according to key gauge watched by Fed

Zach Halaschak -
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FILE - In this Thursday, Oct. 10, 2013, file photo, employees at Sheffield Platers Inc. work on the factory floor in San Diego. The Commerce Department releases fourth-quarter gross domestic product on Thursday, Jan. 30, 2014 (AP Photo/Lenny Ignelzi, File)
News

GDP revised up to 2% growth rate in first quarter

Zach Halaschak -
0
Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, May 3, 2023, following the Federal Open Market Committee meeting.
Beltway Confidential

Congress doesn’t understand that too many job openings and too much capital are the problems

Tiana Lowe Doescher -
0
A construction worker works on the site of Gables Station, a mixed use project featuring apartments, retail, a hotel and cafes, in Coral Gables, Fla.
Business

Multifamily construction hits record in May as hope for housing market grows

Zach Halaschak -
0
Homeless people camping in downtown in Los Angeles.
Business

The Federal Reserve eases up on interest rate hikes as inflation slowly cools

Emma Loop -
0
Federal Reserve pauses but projects two more rate hikes this year
Beltway Confidential

Federal Reserve pauses but projects two more rate hikes this year

Tiana Lowe Doescher -
0
Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022, in Washington. The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
News

Fed pauses interest rate hikes after a year, but signals more tightening to come

Zach Halaschak -
0
Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, Wednesday, May 3, 2023, following the Federal Open Market Committee meeting.
News

WATCH LIVE: Jerome Powell holds press briefing on Fed interest rate decision

Brady Knox -
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WATCH LIVE: White House holds press briefing ahead of Fed interest rate decision
News

WATCH LIVE: White House holds press briefing ahead of Fed interest rate decision

Brady Knox -
0
In this June 17, 2014 photo, a stocker rolls product to restock at a Kroger grocery store in Richardson, Texas. The Commerce Department releases wholesale trade inventories for June on Friday, Aug. 8, 2014. (AP Photo/LM Otero)
News

Inflation fell to 1.1% in May in producer price index

Zach Halaschak -
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