Economy

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More than half of Gen X parents worry about financially supporting their kids into adulthood, survey shows

More than half of Gen X parents worry about financially...

Fifty-three percent of Gen X parents are concerned their kids won't be fully financially...

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Key Fed inflation measure shows 2.4% rate in November, lower than expected

Key Fed inflation measure shows 2.4% rate in November,...

The PCE price index was expected to show a 2.5% annual inflation rate in November...

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Russian central bank surprises markets by holding key rate at 21%

Russian central bank surprises markets by holding key rate...

Russia's central bank on Friday left its key interest rates unchanged at 21%, citing...

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Bank of England holds rates but vote split surprises markets

Bank of England holds rates but vote split surprises markets

Economists widely expected a rate hold at the December meeting, as policymakers...

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Donald Trump chooses hedge fund executive Scott Bessent for Treasury secretary

Donald Trump chooses hedge fund executive Scott Bessent...

The founder of Key Square Group was deemed a strong favorite to lead the Treasury...

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Can Saudi Arabia keep pace with its ambitious mega-project spending spree?

Can Saudi Arabia keep pace with its ambitious mega-project...

"Saudi Arabia has poured tens of billions into projects that have yet to hint of...

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U.S. stock and bond markets love Trump's pick of Bessent for Treasury — here's why

U.S. stock and bond markets love Trump's pick of Bessent...

Trump said he will pick the Wall Street figure to take on his administration's most...

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Trump's proposed tariff increases would boost inflation by nearly 1%, Goldman Sachs estimates

Trump's proposed tariff increases would boost inflation...

The proposed tariffs on China, Canada and Mexico could raise prices for United States...

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Fed’s preferred inflation gauge rises to 2.3% annually, meeting expectations

Fed’s preferred inflation gauge rises to 2.3% annually,...

The personal consumption expenditures price index was expected to show inflation...

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These economists say artificial intelligence can narrow U.S. deficits by improving health care

These economists say artificial intelligence can narrow...

Economists at the Brookings Institution estimate AI could reduce the U.S. budget...

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Euro zone inflation climbs to 2.3% in November, meeting expectations

Euro zone inflation climbs to 2.3% in November, meeting...

Markets have fully priced in a 25 basis point interest rate cut from the ECB in...

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India's quarterly growth slumps to a near two-year low, well below expectations

India's quarterly growth slumps to a near two-year low,...

The Reserve Bank of India had forecast an expansion of 7% for the period.

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Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation

Fed Governor Waller says he is 'leaning toward' a December...

Federal Reserve Governor Christopher Waller cited recent data indicating that progress...

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Job openings jumped and hiring slumped in October, key labor report for the Fed shows

Job openings jumped and hiring slumped in October, key...

Job openings totaled 7.74 million on the month, up 372,000 from September.

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France's political chaos casts long shadow over economic growth

France's political chaos casts long shadow over economic...

"At a time when economic growth in France is slowing markedly, this is bad news....

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Bank of England's Bailey signals four interest rate cuts in 2025 if inflation cools

Bank of England's Bailey signals four interest rate cuts...

The Bank of England governor spoke to the Financial Times about the central bank's...