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The economy continues to send mixed signals. The unemployment rate, at 4.2%, remains historically low — but has inched up in four of the last five months, a trend that has often preceded recessions.
"This suggests that the tail risk of a sharp deterioration in the labor market has diminished, and as a result the FOMC can wait to see how the Q1 inflation data and economic policymaking play out ...
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US stocks edged higher on Monday, with the S&P 500 and Dow Jones testing record highs. Investors await key economic data this week, including consumer confidence, revised GDP growth, and the PCE ...
International Criminal Court Prosecutor Karim Ahmad Khan becomes the first person to have economic and travel sanctions placed on him by the U.S. government following an executive order signed by U.S. President Donald Trump intended to target the war crimes tribunal over investigations of U.S. citizens or allies. (The Times of Israel) Politics ...
US stocks were lower on Monday as investors looked to new economic data due out in the week. Late last week, major indexes nearly erased all of the losses incurred in a sharp three-day sell-off.
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]
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America's Most Trusted Source for News - Pew Research Center