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The barrage of economic data released so far this week has painted a pretty clear picture: Growth is rock solid, and inflation is all but tamed. Expect the unexpected in Friday’s jobs report ...
He added: “That is good news.” This week — with its multiple inflation reports, a Fed meeting, a new central bank rate cut timeline and economic projections, and a slew of ancillary data ...
A version of this story appeared in CNN Business’ Nightcap newsletter. To get it in your inbox, sign up for free, here. Just 10 days ago, anxious markets were freaking out about the US economy ...
Nicole Goodkind and Lucy Bayly, CNN October 23, 2024 at 4:06 PM It’s the third down day for Wall Street, led by a decline in tech stocks ahead of that sector’s earnings season.
The US economy added 206,000 jobs in June, lower than a downwardly revised tally of 215,000 jobs in May, and the unemployment rate topped 4% for the first time since November 2021. New ...
Cable News Network (CNN) is a multinational news organization operating, most notably, a website and a TV channel headquartered in Midtown Atlanta, Georgia, US.Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel, and presently owned by the Manhattan-based media conglomerate Warner Bros. Discovery (WBD), [2] CNN was the first television ...
Housing affordability is a major problem in America. Home prices spiked during Covid-19 and then the Fed’s war on inflation sent mortgage rates surging. The one-two punch has made it a ...
That could be bad news for the economy. ... dropped more than 1,000 points between Tuesday and Thursday last week on unexpected economic ... at a major bank in touch with ICE told CNN.
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