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Inflation cooldown incoming for U.S. economy
Axios· 45 minutes agoInflation resumed its downward path in April — if ever so slightly — and the white-hot consumer looks to be no more. Why it matters: Should that...
Key Fed Inflation Rate Falls, Lifting Rate-Cut Hopes; S&P 500 Slips
Investor's Business Daily· 3 hours agoThe primary Federal Reserve inflation gauge cooled in April, raising hopes for a rate cut as soon as...
The Fed’s favorite inflation gauge showed little progress last month
CNN Business via AOL· 4 hours agoInflation in April remained at the same stubbornly high level as in March. That means costs...
The Social Security COLA Forecast for 2025 Was Just Updated. Here's the Good News and Bad News for...
The Motley Fool via AOL· 10 hours agoIn 2022, the U.S. was hammered by the fiercest inflation it had faced in four decades amid the...
Trump suffers $357m hit as Truth Social shares tumble
The Telegraph via Yahoo Finance· 1 hour agoIn the meantime, do check out our business coverage here. 05:13 PM BST European shares rise after US...
...Are Rate Cuts Finally Coming After Fed's Preferred Inflation Data Holds Steady?...
Benzinga· 3 hours agoThe Personal Consumption Expenditure (PCE) price index, a preferred inflation gauge for the Federal...
Illinois residents can claim a bigger state tax credit next year under the new budget
WBEZ 91.5 Chicago· 10 minutes agoJB Pritzker’s signature. It’s called the standard exemption, and, until this tax year, had been getting larger every year since 2011 to match increases in inflation under ...
Inflation takes three years to fall to 2% in Cleveland Fed model
New Hampshire Union Leader· 5 hours agoInflation may not return to the U.S. central bank’s 2% target until mid-2027, according to research...
What Trump's conviction means for the election
BBC via Yahoo News· 3 hours ago“While it’s not a great thing to be convicted of a crime, what voters will be thinking about in November is inflation, the southern border, competition...
Joe Manchin Just Confirmed What We Knew All Along
The New Republic via Yahoo News· 2 hours agoHe refused to back President Biden’s Build Back Better bill, resulting in the watered-down Inflation Reduction Act. He even killed the expanded Child Tax...