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Finance
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…
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Finance
Stocks making the biggest moves premarket: Boeing, Oracle, Moderna and more
Check out the companies making headlines before the bell: Boeing — The stock sank 4% after Boeing factory workers went…
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Economy
The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air
US Federal Reserve Chair Jerome Powell arrives to testify before the Senate Banking, Housing, and Urban Affairs Hearings to examine…
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Economy
Wholesale prices rose 0.2% in August, in line with expectations
Wholesale prices rose in August about in line with expectations, the final inflation data point as the Federal Reserve gets…
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Economy
Consumer prices rose 0.2% in August as annual inflation rate hits lowest since early 2021
Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…
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Economy
August payrolls grew by a less-than-expected 142,000, but unemployment rate ticked down to 4.2%
The U.S. economy created slightly fewer jobs than expected in August, reflecting a slowing labor market while also clearing the…
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Economy
August private payrolls rose by 99,000, smallest gain since 2021 and far below estimates, ADP says
Private sector payrolls grew at the weakest pace in more than 3½ years in August, providing yet another sign of…
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Economy
Bond market ‘yield curve’ returns to normal from inverted state that had raised recession fears
A trader signals an offer in the Standard & Poor’s 500 stock index futures pit at the CME Group in…
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Economy
Job openings fell more than expected in July in another sign of labor market softening
Job openings slumped to their lowest level in 3½ years in July, the Labor Department reported Wednesday in another sign…
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Economy
Atlanta Fed President Bostic says officials can’t wait for inflation to hit 2% before cutting
speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBC Atlanta Federal Reserve President Raphael Bostic signaled…
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