Economy
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Inflation Continues to Decline, Beating Forecasts
The latest report shows that inflation remains on a downward trajectory. READ: “How to Strengthen Your IT Security Framework in 2024” A measure of inflation followed closely by the Federal Reserve rose slightly in August but declined more than…
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Inflation in Check in July, September Interest Rate Cut Likely
Incomes rose, fueling an increase in spending, while prices continue to stabilize. Key Takeaways: Inflation as measured by the Federal Reserve’s favored gauge remained in check in July, setting up a September interest rate cut.…
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Consumers Enter Final Stretch of 2024 Campaign With a Somewhat Cheerier Outlook on the Economy
Americans became more optimistic about the economy in August, although there were some concerns about the labor market. Key Takeaways: Consumers felt better about the economy in August. Expectations for inflation a year from now…
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Existing Home Sales Break 4-Month Slide, Rise Slightly in July as Prices Continue to Rise
The one-month improvement is likely the result of lower mortgage rates and an increase in inventory. READ: “Malwarebytes Review 2024: Is It the Ultimate Malware Protection?” Sales of existing homes broke a four-month slide in…
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Harris to Accept Nomination, Fed to Meet in Pivotal Week for Politics and Economy
The Democratic National Convention starts in Chicago, while the week ends with an important Federal Reserve gathering in Jackson Hole. Democratic presidential nominee Vice President Kamala Harris, right, and second gentleman Doug Emhoff greet supporters…
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Kamala Harris Lays Out Economic Agenda Focused on the Middle Class
Democratic presidential nominee Vice President Kamala Harris speaks at a campaign event on Friday, Aug. 16, 2024, in Raleigh, N.C. The vice president says her policies will prioritize workers over the wealthy. Vice President Kamala…
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Economy Remains a Trouble Spot for Kamala Harris and the Democrats
While the vice president has seen a positive response to the early days of her campaign, voters still give Donald Trump the edge on the economy. The Democratic Party has a new lease on life…
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Fed Holds Rates Steady, but Markets Still Expect a Rate Cut in September
Fed Chairman Jerome Powell said that if improvements in inflation and labor market normalization continue, a September rate cut would be likely. Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the…
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Inflation Eases, Setting Up September Rate Cut Ahead of Election
A key measure of inflation met analysts’ expectations as markets predict an interest rate cut in September. A shopper peruses cheese offerings at a Target store, Oct. 4, 2023, in Sheridan, Colo. Key Takeaways: Inflation…
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Economy Surges Amid Chaotic Election Season
The country’s second-quarter GDP grew at twice the rate from the first, new data shows. Amazon employees load packages on carts before being put on to trucks for distribution, July 16, 2024, in South Gate,…
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