Economy
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Weak manufacturing measures raise specter of U.S. economic slowdown
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel…
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The Fed’s favorite inflation indicator increased 0.2% in July, as expected
Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to…
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Euro zone inflation falls to 3-year low of 2.2%, backing September rate cut case
A woman takes a selfie photo, with the Eiffel Tower in the background, at Surcouf street in Paris, on July…
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The Fed’s preferred inflation indicator is out Friday. Here’s what to expect
A customer shops at a supermarket on August 14, 2024 in Arlington, Virginia. Sha Hanting | China News Service |…
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The Fed now will focus on the employment part of its mission — and for good reason
Federal Reserve officials have made it clear that they are turning their attention from a focus squarely on inflation to…
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Increased sausage demand could be worrying signal on the economy
A meat counter showing a variety of sausages at a Fred Meyer grocery store, a sub of Kroger, in Palmer,…
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Markets are now wondering whether the Fed might cut by half a point in September
With Federal Reserve Chair Jerome Powell all but confirming that an interest rate cut is imminent, the market’s attention Friday…
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No longer a financial reservoir? Saudi Arabia’s spending confirms clear shift in strategy
Riyadh, Saudi Arabia. Xavierarnau | E+ | Getty Images Saudi Arabia is moving full steam ahead with its focus on…
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A recession is coming in the U.S., and ‘a few rate cuts’ won’t prevent it, says strategist
An Aldi supermarket in Alhambra, California, US, on Thursday, June 27, 2024. Eric Thayer | Bloomberg | Getty Images Contrary…
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