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Forbes Daily: Big Tech Drives S&P 500’s Second-Best May In Two Decades
Forbes· 1 day agoWalking into an Abercrombie & Fitch store today, you won’t find shirtless models or a strong cologne...
The Fed’s favorite inflation gauge showed little progress last month
WKBT La Crosse· 4 days agoThe Personal Consumption Expenditures price index — a closely watched inflation gauge that the Fed...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
The Columbian· 5 days agoConsumer spending rose but at a slower pace than previously thought, a sign that high interest rates...
Fed’s favorite inflation metric shows signs of slowing in April
Deseret News via Yahoo Finance· 4 days agoU.S. inflation is still on the rise, but a report released Friday shows that the rate of price...
The case against social media regulation
Politico· 5 days agoCommerce subcommittee advanced it last week. Though the bill doesn’t require age verification, it tasks the Commerce Department’s National ...
Futures Pointing To Initial Strength On Wall Street
RTT News· 1 day agoThe major U.S. index futures are currently pointing to a higher open on Monday, with stocks likely to move to the upside following a weak performance last week. The Dow showed a substantial ...
Inflation Numbers Show Little Progress; Interest Rate Cuts May Have to Wait
RISMedia Real Estate News· 4 days agoThe personal consumption expenditures (PCE) price index increased 0.3% in April, the Commerce ...
Fed's go-to inflation gauge cooled in April as shoppers slowed spending
Axios· 4 days agoThe Federal Reserve's go-to inflation gauge ticked down in April as consumers pulled back on...
Economic growth in Q1 is revised down, but consumers kept spending - Maryland Daily Record
The Daily Record· 5 days agoConsumer spending rose but at a slower pace than previously thought. The Commerce Department had previously estimated that the nation’s gross domestic product ...
An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year - WTOP News
WTOP Washington· 4 days agoA price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that...