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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 officials hint that rate hikes might not be over

Zach Halaschak -
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India’s Prime Minister Narendra Modi and President Biden, June 2023.
Business

Savings rate: After a slew of bank failures, is the worst turmoil in the industry behind us?

Zach Halaschak -
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FILE - In this Tuesday, Aug. 27, 2013, file photo, workers load large containers of nectarines for sorting at Eastern ProPak Farmers Cooperative in Glassboro, N.J. The Commerce Department reports on wholesale prices for August on Friday, Sept 27, 2013. (AP Photo/Mel Evans, file)
News

Inflation fell to 2.3% in April, producer price index shows in encouraging sign

Zach Halaschak -
0
Inflation declined to 4.9% in April in encouraging sign for economy
News

Inflation declined to 4.9% in April in encouraging sign for economy

Zach Halaschak -
0
Specialist Peter Mazza works at his post on the floor of the New York Stock Exchange. There are fears from some that a recession might be on the horizon given the Fed's hiking of interest rates.
Beltway Confidential

A gathering world financial sector storm

Desmond Lachman -
0
Federal Reserve Chairman Jerome Powell pauses as he speaks during a news conference in Washington, Wednesday, May 3, 2023, following the Federal Open Market Committee meeting.
News

Surprising jobs momentum raises hopes for Fed pause and economic ‘soft landing’

Zach Halaschak -
0
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.
News

Treasury yields and stocks rise after another strong jobs report

Zach Halaschak -
0
Treasury yields and stocks rise after another strong jobs report
News

Treasury yields and stocks rise after another strong jobs report

Zach Halaschak -
0
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 increase in sign of labor market cooling

Zach Halaschak -
0
Joe Biden and JD Vance.
News

JD Vance calls out Biden as White House issues warning of recession

Eden Villalovas -
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