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[ad_1] Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading on December 14, 2023, in New York City. Angela Weiss...
[ad_1] U.S. ports are receiving multimillion dollar grants to upgrade cargo handling infrastructure. The grants are part of the Biden administration’s $21 billion commitment to modernize...
[ad_1] WASHINGTON — It was the most painful inflation Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV...
[ad_1] Costco’s gold rush is bringing in big bucks. The membership-based wholesale retailer sold an eye-popping $100 million in one-ounce gold bars last quarter, Costco CFO...
[ad_1] With inflation cooling and hiring remaining strong, economists are now venturing that something other than a recession may be around the corner: a so-called soft...
[ad_1] BRUSSELS, BELGIUM – NOVEMBER 27: Christine Lagarde, President of the European Central Bank speaks during the European Parliament’s Committee on Economic and Monetary Affairs (ECON)...
[ad_1] LONDON — The Bank of England is set to join its peers in the U.S. and Europe in keeping borrowing rates unchanged at its policy...
[ad_1] Dow surges after Federal Reserve keeps interest rates unchanged – CBS News Watch CBS News The Dow soared more than 500 points on Wednesday, closing...
[ad_1] Federal Reserve Chairman Jerome Powell startled economists with a press conference Wednesday that was viewed as much more dovish than expected. It was “12 doves...
[ad_1] WASHINGTON — Below is the statement the Fed released Wednesday after its policy meeting ended: Recent indicators suggest that growth of economic activity has slowed...
[ad_1] The Federal Reserve announced it will leave interest rates unchanged Wednesday, in a move that many believe will conclude the central bank’s rate hike cycle and...
[ad_1] Wholesale prices were flat in November, providing a leading indicator that inflation is easing, the Labor Department reported Wednesday. The producer price index, which measures...
[ad_1] BANGKOK — Asian shares were mixed on Wednesday ahead of a decision by the U.S. Federal Reserve on interest rates. Benchmarks declined in Hong Kong,...
[ad_1] It has been a record day for 10% of the S&P 500. A group of 51 stocks in the benchmark equity index swept to record...
[ad_1] Opinion Joe Biden, Public domain, via Wikimedia Commons This week, the White House posted an infographic on X explaining how Team Biden-Harris has made life...
[ad_1] The U.S. economy continues to grow despite the 5.5% benchmark federal funds interest rate set by the Federal Reserve in 2023. The Fed’s leaders expect...
[ad_1] Ed Yardeni believes inflation is fading, the Federal Reserve is done raising interest rates, and, with AI advancing at a breakneck pace, stocks are set...
[ad_1] Good news for holiday shoppers who are trying to keep more cash in their pockets: There’s an app for that — several, in fact. Savings-focused...
[ad_1] Fed Chairman Jerome Powell prepares to deliver remarks to the The Federal Reserve’s Division of Research and Statistics Centennial Conference on November 08, 2023 in...
[ad_1] The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week after recent signs the economy...