Eight of the 11 primary S&P 500 sectors ended in red, with industrials and materials leading the laggards by losing 1.03 percent and 0.94 percent, respectively. Meanwhile, communication services and ...
The Fed should be more worried about sparking a recession than rampant inflation, Mohamed El-Erian said. The top economist ...
Anxiety over persistent inflation helps drive down US consumer sentiment for third consecutive month
U.S. consumer sentiment fell in June for the third straight month as Americans took a dimmer view of their own finances and ...
President Joe Biden faces many hurdles in his re-election bid. His approval numbers are historically low. His open-border ...
Mike Johnson is already talking about using budget reconciliation to enact tax cuts and budget cuts if Trump wins.
The current transportation budget falls short of the state’s litany of needs. As lawmakers prepare to craft a major transit package next session, they will need to figure out how to increase revenue ...
Two of the three major U.S. indices hit new high points this week — though with the Federal Reserve holding steady on ...
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That’s the latest discovery by West Virginia Sen. Shelley Moore Capito’s office, which is probing IRA spending. The law ...
The pace of inflation in Russia accelerated yet again in May as officials warn huge public spending to support the military offensive on Ukraine is overheating the economy.
Last year, the IRS issued $7 billion in tax penalties — nearly four times the $1.8 billion that it assessed in 2022.
Over the past few years, eruptions of Kīlauea volcano on the Island of Hawai‘i have happened in remote regions and lava flows ...
Indonesia’s economic outlook remains positive despite external challenges. Growth is projected at 5.0 percent in 2024, and at 5.1 percent in 2025. Headline and core inflation would remain comfortably ...
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