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History tells us the danger the economy faces is recession, not inflation
The Hill· 23 hours agoThe Federal Reserve announced on June 12 that it is not lowering interest rates at this time. It is...
First-Half Wrap: The AI Boom, Robust Earnings, Auto Sales on Tap
Guru Focus· 33 minutes ago2023 ended with a string of better-than-expected inflation reports, much to the delight of Chairman...
US job market shows signs of cooling; housing still struggling
MSN News· 3 hours ago(Reuters) -Fewer Americans enrolled for unemployment benefits for the first time last week, Labor...
S&P 500 notches record high as Nvidia rally continues
Reuters via AOL· 7 hours agoThe benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia, while...
Bank of England holds interest rates steady despite inflation drop
Axios· 5 hours agoThe Bank of England kept interest rates at the highest in 16 years on Thursday, joining the Federal...
Builder Sentiment Dips in June Amid High Mortgage Rates
Zacks via Yahoo Finance· 4 hours agoElevated mortgage rates are deterring many potential homebuyers, as rates remain around 7%....
The Fed Needs to Cut Rates Eventually Amid This Economic Slowdown. Here’s Why, and 4 Other Things to...
Barrons.com· 6 hours agoNvidia’s fight to remain the world’s most valuable company begins, disappointing retail sales raise...
Rupee Steadied Boosted By Portfolio Inflows
Investing.com· 9 hours ago# USDINR trading range for the day is 83.31-83.57. # Improved odds of rate cuts by the Federal Reserve later this year further supported the currency. #...
S&P 500, Nasdaq scale record highs as Nvidia lengthens its lead
Reuters via Yahoo Finance· 7 hours ago(Reuters) -The S&P 500 and the Nasdaq hit record highs on Thursday, boosted by strong gains in...
Up to two years for US CPI to return to target - Kashkari
Investing.com· 12 hours agoIt could take up to two years to get U.S. inflation back to the Federal Reserve’s medium-term...