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Sep 17, 2024
Speaking at the Milken Institute's Asia Summit in Singapore, the founder of Bridgewater Associates said the five factors are interrelated and often cyclical.
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Sep 17, 2024
A recent report funded by Bank of America revealed that Latinas contributed $1.3 trillion to U.S. GDP in 2021, and some economists think it could be more.
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Sep 17, 2024
Making the bolder move of 50 basis points would better position policymakers heading into the latter part of the year, Kaplan told CNBC.
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Sep 14, 2024
A week's worth of inflation data showed that price pressures have eased substantially.
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Sep 12, 2024
The August shortfall popped by $380 billion, a dramatic reversal from the $89 billion surplus for the same month a year prior.
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Sep 12, 2024
The producer price index was expected to increase 0.2% in August, according to the Dow Jones consensus forecast.
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Sep 12, 2024
The Latino Donor Collaborative released its updated report on U.S. Latino economic growth and purchasing power for 2022.
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Sep 11, 2024
The consumer price index was expected to increase 0.2% in August and 2.6% from a year ago.
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Sep 11, 2024
Increasing demand for property, especially in the luxury space, is boosting prices not just of homes but of everything else in Dubai.
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Sep 11, 2024
U.K. economy remained flat in July, flash figures published from the Office for National Statistics showed Wednesday.
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Sep 11, 2024
Increasing demand for property, especially in the luxury space, is boosting prices not just of homes but of everything else in Dubai.
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Sep 10, 2024
The Bureau of Labor Statistics will first release the consumer price index Wednesday and then the producer price index Thursday, both measuring August prices.
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Sep 10, 2024
The CEO of the biggest U.S. bank says he sees a raft of inflationary forces on the horizon, including higher deficits and increased infrastructure spending.
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Sep 10, 2024
BRICS is seen by some as a symbolic counterweight to Western-led organizations like the EU, the G7 and even NATO.
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Sep 09, 2024
The report lays out major challenges that the EU must address through a new industrial strategy, which would include reducing enegy prices.
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Sep 08, 2024
Saudi Minister of Investment Khalid al-Falih pushed back on skepticism of Riyadh's economic diversification.
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Sep 07, 2024
After surviving the "terrible prophecies," Europe's economy must face the challenges of the war in Ukraine and trade ties with China, EU's Paolo Gentiloni says.
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Sep 06, 2024
The unemployment rate for Black workers crept lower in August.
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Sep 06, 2024
Waller on Friday backed an interest rate cut at the upcoming policy meeting, noting the importance of supporting a weakening jobs picture.
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Sep 06, 2024
Health care and hospitality were key drivers for a job market that has cooled off in recent months.
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Sep 06, 2024
Nonfarm payrolls were expected to expand by 161,000 in August while the unemployment rate fell to 4.2%.
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Sep 05, 2024
The Wall Street consensus is for nonfarm payrolls growth of 161,000 for August and a slight decline in the unemployment rate to 4.2%.
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Sep 05, 2024
Announced job cuts totaled 75,891 for the month, lurching 193% higher than July.
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Sep 05, 2024
The total was less than the downwardly revised 111,000 in July and below the Dow Jones consensus forecast for 140,000.
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Sep 04, 2024
Topic: RobocarsTags: forbes
The National Highway Transportation Safety Agency is investigating 31 incidents involving the robotaxi company s vehicles.
Read more at Forbes.com in NHTSA Investigates More Waymo Incidents, But Should It?
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Sep 04, 2024
The closely watched Job Openings and Labor Turnover Survey showed that available positions fell to 7.67 million on the month.
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Sep 04, 2024
Bostic signaled that he is ready to start lowering rates even though inflation is still running above the Fed's target.
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Sep 03, 2024
The ISM monthly survey of purchasing managers showed that just 47.2% reported expansion in August.
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Aug 30, 2024
The PCE price index was expected to increase 0.2% in July and 2.5% from a year ago, according to the Dow Jones consensus.
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Aug 30, 2024
Economics polled by Reuters had forecast a decline to 2.2% in August, down from 2.6% in July.
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Aug 29, 2024
The Commerce Department at 8:30 a.m. ET will release its personal consumption expenditures price index.
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Aug 26, 2024
One manufacturer included in the Dallas Fed's latest survey said growth in the category typically aligns with a slowing economy.
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Aug 23, 2024
The kingdom's $925 billion sovereign wealth fund, the Public Investment Fund, saw its assets jump 29% in 2023 — and domestic investment was a major driver.
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Aug 22, 2024
Contrary to what many believe, investment research firm BCA Research sees that the economy is on the cusp of a recession.
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Aug 21, 2024
There's a lot of debate about how much signal to take from the 818,000 downward revisions to U.S. payrolls — the largest since 2009. Is it signaling recession?
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Aug 21, 2024
The U.S. economy created far fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported.
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Aug 19, 2024
The survey showed a slide in people reporting they are employed, a surge in those looking for work and growing dissatisfaction with pay.
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Aug 19, 2024
"Continued expansion would make the US look more similar to other G10 economies, where the Sahm rule has held less than 70% of the time," economists said.
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Aug 17, 2024
Egg prices jumped more than 19% in July compared with the same month a year ago, consumer price index data shows.
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Aug 15, 2024
Retail sales were projected to increase 0.3% in July, according to the Dow Jones consensus estimate.
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Aug 15, 2024
GDP has recorded slight but steady growth almost every month so far this year as the U.K. exits a shallow recession.
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Aug 14, 2024
The consumer price index was expected to show a 0.2% increase in July and a 3% gain over the past year.
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Aug 13, 2024
The news Tuesday was good for inflation, and investors hope it will get even better Wednesday.
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Aug 13, 2024
The producer price index for July was expected to increase 0.2%, according to the Dow Jones consensus estimate.
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Aug 12, 2024
Consumers grew more confident in July that inflation will be less of a problem in the coming years.
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Aug 11, 2024
According to UBS, the Paris Olympics, as well as the Eras Tour, are causing demand shocks without impacting the average consumers' spending power.
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Aug 08, 2024
Siegel no longer thinks it's vital for an emergency interest rate reduction, but still wants policymakers to cut quickly and aggressively.
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Aug 08, 2024
The comments seem to reinforce reporting earlier this year that advisors close to Trump are looking at a host of changes for the Fed.
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Aug 08, 2024
Initial claims for unemployment insurance were expected to total 240,000 for the week ending Aug. 3.
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Aug 07, 2024
U.S. inventories "are not at a level that is worrisome or that seems to indicate a significant slowdown right in the offing."
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Aug 04, 2024
America's youngest workers have not only kept, but continued building on, big wage gains seen during the pandemic.
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Aug 02, 2024
The unemployment rate fell to 3.7% from 4.1% for Asian Americans in July.
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Aug 02, 2024
Hiring in the U.S. slowed significantly last month with information and financial sectors leading the job losses.
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Aug 02, 2024
Nonfarm payrolls were expected to increase by 185,000 in July, according to the Dow Jones consensus estimate.
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Aug 01, 2024
A gradual slowdown in the economy and Hurricane Beryl are expected to have taken some of the steam out of hiring in July.
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Aug 01, 2024
Markets are pricing in an aggressive path for interest rate cuts starting in September.
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Jul 31, 2024
Companies added just 122,000 jobs on the month, the slowest pace since January.
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Jul 31, 2024
Headline inflation in the euro zone unexpectedly rose to 2.6% in July, the European Union's statistics agency said Wednesday.
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Jul 30, 2024
The euro zone's economy grew by more than expected in the second quarter of 2024, flash figures from the European Union's statistics office showed Tuesday.
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Jul 26, 2024
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago.
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Jul 26, 2024
The PCE price index was expected to increase 0.1% in June and 2.5% from a year ago.
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Jul 25, 2024
Gross domestic product in the second quarter was expected to show a 2.1% annualized increase.
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Jul 24, 2024
The situation has many on Wall Street scratching their heads about why the inverted curve has been so wrong this time
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Jul 17, 2024
For Turks who own assets like homes, wealth has grown as inflation pushes the costs of those assets up.
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Jul 17, 2024
The Office for National Statistics released inflation figures for June on Wednesday.
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Jul 16, 2024
Former President Donald Trump told Bloomberg Businessweek that he would let Fed chief Jerome Powell complete his term if he wins in November.
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Jul 16, 2024
Stubborn services and wage inflation will slow the pace of disinflation in the U.S. and globally, according to the IMF.
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Jul 16, 2024
The upgrades come after two years of stagnation, with the U.K. falling into a shallow recession in the second half of 2023.
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Jul 15, 2024
Monday was Powell's first public speaking appearance since the consumer price index report for June showed cooling inflation.
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Jul 15, 2024
These will be Powell's first remarks since the June CPI report showed inflation cooling.
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Jul 15, 2024
The euro area's economy, including the zone's gross domestic product, could be impacted if Donald Trump were to be re-elected, according to Goldman Sachs.
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Jul 13, 2024
This data helps show why the housing market feels so different than it did just a few years ago.
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Jul 13, 2024
Affordability has plummeted since the early days of the pandemic, data shows.
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Jul 12, 2024
The PPI is a gauge of prices that producers can get for their goods and services in the open market.
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Jul 12, 2024
There are risks to easing monetary policy that cast a cloud over the rate cut outlook, High Frequency Economics' Carl Weinberg told CNBC.
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Jul 11, 2024
Credit union members are aging, and young people tend to see these institutions less favorably than their elders do. Here are six strategies for bringing in younger members to weather the years ahead.
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Jul 11, 2024
UK gross domestic product figures for May were published Thursday.
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Jul 10, 2024
The June consumer price index will be released Thursday, with traders eyeing September for the Federal Reserve's first rate cut.
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Jul 09, 2024
Setting the stage for a two-day appearance on Capitol Hill, the central bank leader said the economy remains strong as does the labor market.
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Jul 05, 2024
The unemployment rates rose for white, Black and Hispanic women but fell for their male counterparts.
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Jul 05, 2024
Health care and government were two key areas of job growth, while employment in manufacturing shrank.
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Jul 05, 2024
Nonfarm payrolls were expected to increase by 200,000 in June, according to economists surveyed by Dow Jones.
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Jul 04, 2024
Economists surveyed by Dow Jones expect June to show growth of 200,000, down from the 272,000 reported for May.
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Jul 03, 2024
Companies added 150,000 jobs for the month, below the upwardly revised 157,000 in May and the Dow Jones consensus estimate for 160,000.
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Jul 02, 2024
"We've made quite a bit of progress and in bringing inflation back down to our target," Powell said at a central banking forum in Sintra, Portugal.
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Jul 02, 2024
Federal Reserve Chairman Jerome Powell joins a panel including his global counterparts Tuesday at a European Central Bank forum.
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Jul 02, 2024
Economists polled by Reuters expected the headline rate to come in at 2.5%.
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Jul 01, 2024
The Zeta Economic Index, launched Monday, uses generative artificial intelligence to analyze what its developers call "trillions of behavioral signals."
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Jun 28, 2024
The FATF had previously found Turkish sectors like banking and property vulnerable to illicit financing of groups like the Islamic State and al-Qaeda.
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Jun 28, 2024
The 171-year-old jeans maker said sales of denim skirts, pantsuits and dresses are double last year's rate.
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Jun 28, 2024
The core personal consumption expenditures price index was expected to increase 0.1% in May and 2.6% from a year ago.
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Jun 27, 2024
There could be some pretty good inflation news on the way from the Commerce Department when it releases a key economic report Friday.
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Jun 26, 2024
A survey of Chinese enterprises in the U.S. has found that a majority remain bullish on the market long-term despite concerns about U.S.-China relations.
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Jun 25, 2024
Federal Reserve Governor Michelle Bowman said Tuesday the time is not right yet to start lowering interest rates.
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Jun 20, 2024
The central bank's key interest rate is at a 16-year high of 5.25%, where it has stood since August 2023.
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Jun 20, 2024
The head of the International Monetary Fund on Thursday called on Europe to achieve the full potential of the single market.
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Jun 20, 2024
It keeps the central bank's key rate at a 16-year high of 5.25%, where it has been held since August 2023.
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Jun 20, 2024
The Swiss National Bank trimmed its key interest rate by 25 basis points to 1.25% in its second cut of the year.
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Jun 19, 2024
Nonprofits such as Hoods to Woods, Edge Outdoors and Unlikely Riders are dedicated to creating communities in the outdoors for marginalized people.
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Jun 19, 2024
The Office for National Statistics released inflation figures for May on Wednesday.
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