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Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Thursday, Oct. 19, 2023, in New York.

More aggressive interest rate hikes may be on the horizon

Washington Examiner -
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Blank stimulus checks are seen on an idle press at the Philadelphia Regional Financial Center, which disburses payments on behalf of federal agencies, in Philadelphia, Thursday, May 8, 2008. The first batch of rebate payments started hitting bank accounts last week through direct deposits. Treasury Secretary Henry Paulson, Vice President Dick Cheney and other Bush administration officials are visiting government check printing centers around the country on Thursday for events highlighting the fact that millions of rebate checks are in the mail.
Business

Recession warning: 2-year Treasury yields hit highest level since eve of financial crisis

Zach Halaschak -
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Applicants line up at a job fair at the Ocean Casino Resort in Atlantic City N.J., on April 11, 2022. Applications for jobless aid for the week ending July 9 rose by 9,000 to 244,000, up from the previous week's 235,000, the Labor Department reported Thursday, July 14, 2022. First-time applications generally reflect layoffs. Analysts had expected the number to remain flat from the previous week.
News

Jobless claims fall again as labor market remains hot

Zach Halaschak -
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Business economists see recession in 2023 despite recent signs of hope
Business

Business economists see recession in 2023 despite recent signs of hope

Zach Halaschak -
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FILE - In this Oct. 18, 2010 file photo, an Amazon.com package is prepared for shipment by a United Parcel Service (UPS) driver in Palo Alto, Calif. States could force Internet retailers to collect sales taxes under a bill that the Senate advanced on Wednesday. (AP Photo/Paul Sakuma, File)
News

Median price for new home sales falls for first time since pandemic

Zach Halaschak -
0
In this photo, the seal of the Board of Governors of the United States Federal Reserve System is displayed in the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington.
News

Inflation rose to 5.4% in January, according to key gauge watched by Fed

Zach Halaschak -
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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.
News

Economy grew by 2.7% in fourth quarter of 2022, holding up despite rising interest rates

Zach Halaschak -
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FILE- This March 27, 2009, file photo, shows the Federal Reserve Building on Constitution Avenue in Washington. With an eye on the “fiscal cliff,” the Federal Reserve is expected to announce a new bond-buying plan to support the U.S. economy on Tuesday, Dec. 11, 2012.
Beltway Confidential

FOMC members wanted the Fed to hike rates by 50 basis points last month

Tiana Lowe Doescher -
0
A
Business

Mortgage purchase applications fall to lowest level since 1995

Zach Halaschak -
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Now is the time to capitalize on interest rate hikes
Beltway Confidential

Now is the time to capitalize on interest rate hikes

Tom Joyce -
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