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Business: Stock market today: Wall Street drifts as gains for fashion brands help offset Qualcomm's slide; Economic: IRS workers involved in 2025 tax season can't take buyout until after the taxpayer filing deadline; Money: Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The S&P 500 chugged to a record high last week as new inflation data signaled good news about the Federal Reserve's rate cut plans.For the week, the Nasdaq Composite rose more than 2.5%, while the ...
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 ...
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WASHINGTON DC, USA - JAN. 29: U.S. Federal Reserve Chairman Jerome Powell speaks as the U.S. Federal Reserve kept the benchmark policy rate at 4.25%-4.5% as widely expected on January 29, 2025 in ...
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Higher inflation fears gripped financial markets at the end of last week following the latest read on inflation expectations from the University of Michigan Surveys of Consumers. One-year-ahead ...
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]