Dow drops 650 points as U.S. stocks fall sharply after Powell warns of pain to households in inflation battle
admin U.S. stocks were sinking Friday afternoon after Federal Reserve Jerome Powell said the central bank…
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Dow sheds 400 points, stocks drop after Fed’s Powell warns of more pain from inflation fight
U.S. stocks tumbled Friday to session lows after Federal Reserve Chairman Jerome Powell delivered blunt…
Read MoreFed’s Powell says bringing down inflation will cause pain to households and businesses in Jackson Hole speech
Federal Reserve Chairman Jerome Powell used the spotlight on the central bank’s Jackson Hole retreat…
Read MoreUS consumer outlook improves in August as inflation expectations fall to 8-month low
The numbers: A survey of U.S. consumers saw sentiment rise in August as falling prices…
Read MoreGDP shrank at 0.6% annual pace in second quarter, but it wasn’t all bad news
The numbers: The economy contracted at an annual 0.6% pace in the second quarter, updated…
Read MoreU.K. inflation could surge to 19% by next year, Citi economist says
Just as consumers are getting used to double-digit inflation, a new forecast says U.K. inflation…
Read MoreCarrefour Freezes Prices on 100 Items in France as Inflation Hits Consumers
By Joshua Kirby Carrefour SA said Monday that it will block price increases on 100…
Read MoreFederal Reserve officials back moving interest rates higher in order to slow the economy, minutes show
Federal Reserve officials in July agreed that it was necessary to move their benchmark interest…
Read MoreBiden has signed the Inflation Reduction Act. Here’s MarketWatch’s rundown of how it will affect your energy bills, investments and drug costs.
President Joe Biden on Tuesday signed into law the Inflation Reduction Act — the Democrats’…
Read MoreBiden will sign the Inflation Reduction Act today. Here’s MarketWatch’s rundown of how it will affect your energy bills, investments and drug costs.
President Joe Biden on Tuesday is scheduled to sign into law the Inflation Reduction Act…
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