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The US economy may be barrelling towards stagflation, an outcome worse than recession
Business Insider via Yahoo Finance· 5 days agoUS Federal Reserve Board Chairman Jerome Powell.Anna Moneymaker/Getty Images The first-quarter GDP...
US consumer confidence hits lowest level since July 2022
Yahoo Finance· 3 hours ago"The hot inflation readings through March should write off any rate cuts in the first half of 2024,"...
US STOCKS-Wall St falls on hot labor costs data, caution before Fed verdict
Reuters via Yahoo Finance· 3 hours agoU.S. labor costs increased in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that will likely delay a much-anticipated interest rate ...
Stock futures fall on disappointing earnings and inflation data before Fed decision: Live updates
CNBC· 20 hours agoStock futures traded into the red Tuesday after some higher-than-expected wage data raised fresh...
Wall Street and FTSE higher as traders look to Fed rate decision
Yahoo Finance UK· 1 day agoFederal Reserve chair Jerome Powell. Wall Street and FTSE were higher on Monday. Jose Luis Magana,...
Top CDs Today, April 19, 2024 - New 1-Year CD Rate Takes the National Lead
Investopedia· 4 days agoTo combat decades-high inflation, the Federal Reserve aggressively hiked the federal funds rate between March 2022 and July 2023, raising the benchmark rate to its highest level in 22 years.
US STOCKS-Futures drift lower as focus turns to upcoming Fed meet
Reuters via Yahoo Finance· 7 hours agoThe Federal Reserve Open Market Committee (FOMC) will commence its two-day meeting later in the day, with markets focused on the interest rate verdict and Chair Jerome ...
29% of households have jobs but struggle to cover basic needs: They are 'one emergency from...
CNBC· 1 day agoOver time, higher costs and sluggish wage growth have left more Americans financially vulnerable,...
The Fed will be the main event in the week ahead that includes a jobs report, more tech earnings
CNBC· 4 days agoThe Federal Reserve's latest policy announcement will be the main event for investors in the week...
Fed's preferred inflation gauge shows price pressures stayed elevated last month
Associated Press· 4 days agoA measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March,...