U.S. budget deficit narrows sharply in October
admin The numbers: The U.S. federal budget deficit narrowed to $87.8 billion in October, down from…
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Opinion: Opinion: Why inequality is growing in the U.S. and around the world
U.S. income inequality grew in 2021 for the first time in a decade, according to…
Read MoreFed’s George argues for ‘steady, deliberate’ interest rate hikes
The Federal Reserve should consider slowing down to “steady and deliberate” interest-rate increases, said Kansa…
Read MoreMester says Fed needs to keep interest rates higher for longer to cool inflation
The president of the Cleveland Federal Reserve welcomed “some easing” in U.S. inflation, but she…
Read MoreFed’s Daly, despite ‘welcome’ CPI data, still wants to raise benchmark rate above 4.5%-4.75% range
The Federal Reserve should still raise its benchmark interest rate slightly above a 4.5%-4.75% rate…
Read MoreThese 20 stocks, including Amazon, are up as much as 14% as investors cheer latest inflation data
What a difference a day can make, especially when there’s a surprising economic report that…
Read MoreDow soars more than 1,000 points for first time since 2020 as investors cheer cooling U.S. inflation
U.S. stocks were on track for their biggest daily gain since 2020 as the Dow…
Read MoreThese 20 stocks, including Amazon, are up as much as 14% as investors cheer latest inflation data
What a difference a day can make, especially when there’s a surprising economic report that…
Read MoreU.S. Treasury says currency-market intervention should be reserved for ‘very exceptional circumstances’ in response to Japan’s September move
The U.S. Treasury Department on Thursday said it expects currency-market interventions, like Japan’s in September,…
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Home Depot earnings: Wall Street stays upbeat despite signs of weakening home improvement demand
Home Depot Inc. investors will soon learn the real story about what’s happening in the…
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