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Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 2 days agoMonthly job growth has averaged a surprisingly robust 248,000 this year, in line with 2023’s...
Analysis | The increase in employment among immigrants is not a Biden conspiracy
Washington Post· 7 days agoOne way in which the right is responding to job growth under President Biden is by suggesting that...
Tesla Can’t Be All About Elon Musk
The Wall Street Journal· 2 hours agoMeanwhile, Musk’s distractions beyond Tesla have multiplied...Join the conversation below. View Tesla instead as a scrappy startup still capable of...
That time the Trump economy tanked
Yahoo Finance via AOL· 3 days agoFour years ago, of course, the COVID pandemic was causing a brief but traumatic recession that the US...economy at the same point in their presidencies....
Citi’s Sieg charts strategy to grow wealth business
Banking Dive via Yahoo Finance· 1 day agoAmid Citi’s massive reorganization, there have been “very few” regretted departures, the bank’s head of wealth said Wednesday. He also suggested more key...
‘People keep getting jobs’: Economists impressed by latest jobs report as wages grow
The Raw Story· 7 days agoEconomists were surprised and impressed with the May jobs report, and there are some significant...
The Federal Reserve’s latest dot plot, explained – and what it says about interest rates
Bankrate via Yahoo Finance· 2 days ago“To be more data dependent, the Fed needs a lot of flexibility,” Sweet says. “The dot plot isn’t a...
Senate Democrats call for higher taxes on Wall Street profits to address federal budget deficit
CNBC· 1 day agoAs Congress wrestles with a looming decision over trillions in expiring tax breaks, lawmakers and...
Investors brace for the Fed to dial back its 2024 rate cut predictions
Yahoo Finance· 4 days agoTrust, is looking to see whether Powell takes a more hawkish tone. "Is he going to be like a...
Opinion | Are American Workers’ Wages Really Lagging Behind Productivity?
New York Times· 7 days agoIt’s become conventional wisdom in some circles that sometime in the 1970s, the link between pay and...
