Economy
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Finance News
All data shows inflation isn’t going away, making things tough on Fed
A customer shops for food at a grocery store on March 12, 2024 in San Rafael, California. Justin Sullivan |…
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Finance News
Wednesday’s report expected to show little progress against inflation
Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Scott Olson | Getty Images…
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Finance News
Anthropic lining up a new slate of investors, ruled out Saudi Arabia
Deep-pocketed, sovereign wealth funds are among the investors clamoring to get a stake in Anthropic, the red-hot artificial intelligence startup…
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Finance News
U.S. wraps up fiscal year with budget deficit near $1.7 trillion
Janet Yellen, U.S. Secretary of the Treasury, participates in a global infrastructure and investment forum in New York on Sept.…
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Finance News
Stocks making the biggest moves after hours: SEDG, KNX, ISRG
Check out the companies making headlines in after-hours trading. SolarEdge — Shares plunged 20% after the solar company lowered its…
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Finance News
U.S. weekly jobless claims total 198,000, less than expected
Initial filings for unemployment benefits dipped last week, indicating that the U.S. labor market remains tight and a potential factor…
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Finance News
UK Labour Party has a Biden-esque economic plan, but it’s no Bidenomics
LIVERPOOL, U.K. – Oct. 11, 2023: Britain’s main opposition Labour Party leader Keir Starmer applauds a speaker the final day…
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Finance News
Risk-taker’s market? Protecting against market ugliness
It may be a risk-taker’s market. Investor and personal finance author Ric Edelman believes it’s a practical strategy to take…
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Finance News
Key takeaways from the IMF-World Bank meetings
U.S. Secretary of Treasury Janet Yellen arrives for a bilateral meeting on the third day of the International Monetary Fund…
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Finance News
Philadelphia Fed President Harker advocates holding interest rates ‘where they are’
Patrick Harker President Federal Reserve Bank of Philadelphia, August 24, 2023. David A. Grogan | CNBC Philadelphia Federal Reserve President…
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Finance News
IMF raises U.S. growth forecast, leaves global outlook unchanged
Attendees arrive at the event campus on the opening day of the annual meetings of the International Monetary Fund (IMF)…
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Finance News
Here’s why the stock market is taking Middle East violence in stride
Coming off a brutal September and a rough start to October, it would only seem natural that the warfare in…
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Finance News
These three things happening now usually ‘break something’ in markets, El-Erian says
Investors face a triple threat that in the past have been consistent with trouble, economist Mohamed El-Erian said Monday. Those…
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Finance News
Shares of UK’s Metro Bank up 26% after securing fresh capital
A close-up of a sign of Britain’s Metro Bank. Matthew Horwood | Getty Images LONDON — Shares of the U.K.’s…
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Finance News
Israel’s central bank sells $30 billion in foreign reserves
The Bank of Israel. Eddie Gerald | Moment | Getty Images The Bank of Israel on Monday announced it will…
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Finance News
Bullish case for corporate bonds over Treasurys tied to rising rates
There may be advantages to owning corporate bonds right now. JPMorgan’s Bryon Lake believes his firm’s Ultra-Short Income ETF (JPST)…
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Finance News
Rivian, Clorox, Vestis, Chevron and more
People walk by electric truck maker Rivian’s newly opened storefront in the Meatpacking District of Manhattan on June 23, 2023…
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Finance News
Sunnova Energy, Cal-Maine Foods, Marathon Petroleum and more
The Fluor Corporation logo is displayed on a smartphone. Sopa Images | Lightrocket | Getty Images Check out the companies…
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Finance News
UK PM Rishi Sunak’s leadership on rocky ground as party rebellion mounts
Britain’s Prime Minister Rishi Sunak listens to a speaker address delegates at the annual Conservative Party Conference in Manchester, northern…
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Finance News
Ray Dalio says the U.S. is going to have a debt crisis
Roy Rochlin | Getty Images Entertainment | Getty Images Billionaire investor Ray Dalio is watching closely the “risky” U.S. fiscal…
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Finance News
EV makers like Tesla could fall under Europe’s probe into China
Executive Vice President and European Commissioner for Trade Valdis Dombrovskis. Pedro Pardo | Afp | Getty Images Non-Chinese brands of…
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Finance News
How Chinese companies are supporting Russia’s military
China is playing an increasingly critical role in supplementing Russia’s war-torn economy and boosting its military capabilities, according to a…
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Finance News
5 things to know before the stock market opens Wednesday, September 27
Here are the most important news items that investors need to start their trading day: 1. Stumbling along Futures were…
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Finance News
Republicans have advantages on immigration, crime and the economy
Voters overwhelmingly say they trust Republicans to do a better job than Democrats dealing with border security, crime, the economy…
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Finance News
5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Cloudy days in September…
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Finance News
The era of the subminimum wage for tipped restaurant workers is ending
After a months-long public campaign that began shortly after Mayor Brandon Johnson (right) took office in May, advocates reached a…
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Finance News
Swiss National Bank holds rates unchanged, ending hike streak
A Swiss National Bank logo is pictured on the SNB building in Bern, Switzerland May 20, 2020. Arnd Wiegmann |…
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Finance News
UK inflation dips to 6.7%, below expectations as food prices ease
A shopper browses fruit and vegetables for sale at an indoor market in Sheffield, UK. The OECD recently predicted that…
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Finance News
Here’s everything the Fed is expected to do Wednesday
Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting, at the…
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Finance News
Stocks making the biggest moves premarket: DASH, ARM, PYPL
A DoorDash Inc. delivery bag sits on the floor at Chef Geoff’s restaurant in Washington, D.C. Andrew Harrer | Bloomberg…
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