Economy
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Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds
Philip Jefferson speaks during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, D.C., U.S., on Feb.…
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The Fed could find itself in a policy Catch-22 if tariffs spike inflation and slow growth
Flags outside the Fairmont Royal York in downtown Toronto, Feb. 3, 2025. Andrew Francis Wallace | Toronto Star | Getty…
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Job openings decline sharply in December to 7.6 million, below forecast
Job openings slid in December while hiring, voluntary quits and layoffs held steady, the Labor Department reported Tuesday. Available positions…
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China retaliates with additional tariffs of up to 15% on select U.S. imports starting Feb. 10
Jakub Porzycki | Nurphoto | Getty Images China’s finance ministry said Tuesday it will impose additional tariffs of 15% on…
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In a switch, Trump approves of the Fed’s decision to hold interest rates steady
U.S. President Donald Trump looks on as he signs an executive order in the Oval Office at the White House…
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As markets buckle up for Trump tariffs, these global sectors brace for a rough ride
U.S. President Donald Trump this weekend announced hefty tariffs on his country’s three biggest trading partners, leaving investors scrambling to…
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Euro zone inflation rises to hotter-than-expected 2.5% in January
A person buys products at a Mercadona store in Lisbon, Portugal, on January 25, 2025. Luis Boza | Nurphoto |…
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Why more retirement-age Americans keep working
When it came time for Diane Wetherington to consider retirement, reality quickly set in. The 72-year-old debated devoting her time…
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Key Fed measure shows core inflation at 2.8%, in line with expectations
Inflation closed out 2024 on a strong note, as a price gauge the Federal Reserve focuses on came in well…
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Germany’s inflation steady at 2.8% in January ahead of February election
Customers waiting at the checkout in a supermarket. Markus Scholz | Picture Alliance | Getty Images German inflation was unchanged…
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