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Fed’s Harker Says One Rate Cut in 2024 Is Appropriate Based on Outlook
Bloomberg· 5 days agoFederal Reserve Bank of Philadelphia President Patrick Harker said he views one interest-rate cut as...
‘You feel death at your doorstep but have no choice’: Extreme heat takes toll on outdoor workers
CNN Business via Yahoo Finance· 1 day agoThe skin gets flush with fever, the breaths grow short, the heart races, dizziness sets in. The...
Fed Members Cool On Raising Interest Rates: 'These Conditions Could Take Months, And More Likely...
Benzinga· 4 days agoMembers of the Federal Reserve have indicated that they are in no rush to raise interest rates in...
Fed’s Williams Says Economy Strong, Needs More Data for Rate Cut
Bloomberg· 4 days agoFederal Reserve Bank of New York President John Williams said the US economy is “moving in the right...
May U.S. Housing Starts & Permits Decline Amid High Rates
Zacks via Yahoo Finance· 21 hours agoThe homebuilding industry is reeling under the impact of rising mortgage rates and escalating...
Don’t blame home loan banks for the Fed’s lending problems
The Hill· 21 hours agoEver since the collapse of Silicon Valley Bank, the utility and availability of the Federal...
Vanguard Commentary: Globalization's Minimal Impact on US Inflation
GuruFocus.com via Yahoo Finance· 15 hours agoLow inflation in the decades before the COVID-19 pandemic has often been attributed to...
Why we're adding far fewer jobs than the White House claims
Fox Business via Yahoo Finance· 2 days agoNew data from the Federal Reserve Bank of Philadelphia throws cold water on Biden administration...
AI is replacing human tasks faster than you think
CNN Business via Yahoo Finance· 2 days agoCorporate America is rapidly adopting artificial intelligence to automate work once exclusively done by humans. More than half (61%) of large US firms...
New St. Louis Fed CEO: Inflation signals improving, but overall ‘more sideways than down’
St. Louis Post-Dispatch· 4 days agoInflation is improving but has been "moving more sideways than down" in recent months, the new...