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Easing US inflation stokes interest rate cut debate
BBC via Yahoo Finance· 6 days agoThe Labor Department reported that prices for new and used cars, furniture, toys and airline fares...Housing costs, which are driven by rents, rose 5.5%...
Here's the deflation breakdown for April 2024 — in one chart
CNBC· 5 days agoInflation is higher than policymakers would like across the broad U.S. economy. Deflation means...
S&P 500, Nasdaq and Dow all hit record highs after encouraging inflation data
CNN Business via AOL· 6 days agoNew and used car prices continued to fall from record heights; but, especially in this period of...
The Vibes Lie: Electric Vehicles Accelerate Toward 50% Of Global Sales
Forbes· 2 days agoClean energy and Mark Twain aren’t usually connected, but paraphrasing his famous quote is apt: The ...
Americans are down on the economy (again), with inflation topping election concerns
Washington Post via Yahoo Finance· 2 days agoAfter a spurt of optimism, Americans are feeling a little more glum about the economy - again. ...
NHTSA opens recall inquiry into 51,500 Volkswagen ID.4 EVs over door safety concerns
CBT News· 1 day agoThe U.S. National Highway Traffic Safety Administration (NHTSA) announced today that it is initiating a recall query regarding approximately 51,500 Volkswagen America electric vehicles (EVs) ...
Daily Brief: Blacklisted BMW parts
Quartz· 15 hours agoAmerica’s largest state pension fund is opposing Exxon’s entire board of directors slate. German auto giant BMW is still linked to a supplier that is...
U.S. and Chinese automakers are headed in completely different directions
Washington Post via Yahoo Finance· 3 days agoAmerican automakers and their Chinese rivals are heading in different directions. Able to produce...
Inflation Eases in April, Lifting Hopes for a Soft Landing
The Fiscal Times· 7 days agoInflation took a bit of a breather in April, as the Consumer Price Index rose 3.4% on an annual...
Inflation Eased and Markets Hit New Highs
New York Times· 6 days agoAlso, Biden and Trump agreed to debate in June and September. A new inflation report released today offered consumers and policymakers some relief: April ...