Economy

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Global central bankers unite in defense of Fed Chair Jerome Powell

Global central bankers unite in defense of Fed Chair Jerome...

Global central bankers issued a statement Tuesday defending U.S. Federal Reserve...

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December core consumer prices rose at a 2.6% annual rate, less than expected

December core consumer prices rose at a 2.6% annual rate,...

Excluding volatile food and energy prices, the consumer price index showed a seasonally...

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A major development in Trump's Fed feud is set to happen next week in the Supreme Court

A major development in Trump's Fed feud is set to happen...

Supreme Court arguments on Jan. 21 will likely be the next big development for the...

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What the U.S.-Taiwan deal means for the island's 'silicon shield'

What the U.S.-Taiwan deal means for the island's 'silicon...

The U.S.-Taiwan deal aimed at expanding chip production capacity in the U.S. may...

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China fourth-quarter growth slows to 4.5%, weakest in nearly three years as consumption misses forecasts

China fourth-quarter growth slows to 4.5%, weakest in nearly...

China's economic growth slowed to the weakest level in nearly three years in the...

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Europe weighs using trade 'bazooka' against the U.S. as Greenland crisis deepens

Europe weighs using trade 'bazooka' against the U.S. as...

European countries are reportedly considering retaliatory tariffs and wider economic...

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Fed's main gauge shows inflation at 2.8% in November, edging further away from target

Fed's main gauge shows inflation at 2.8% in November, edging...

Inflation drifted slightly further from the Federal Reserve's target in November...

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'Nobody’s going to believe him': Trump’s Greenland 'deal' sparks relief — and confusion

'Nobody’s going to believe him': Trump’s Greenland 'deal'...

Trump said he had the "concept of a deal" on Greenland, but didn't share details...

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Trump tells Hassett he wants to keep him where he is; Warsh Fed chair odds jump

Trump tells Hassett he wants to keep him where he is; Warsh...

Trump, without explicitly stating his decision, said he'd prefer to keep Hassett...

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UK inflation rises to 3.4% in December, above forecasts

UK inflation rises to 3.4% in December, above forecasts

The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists...

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China says trade deal with U.S. will 'drain Taiwan’s economy' for American benefits

China says trade deal with U.S. will 'drain Taiwan’s economy'...

China doubled down its rhetorics on the trade agreement between Taiwan and the U.S.,...

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China's investment crash raises credit risks for homebuilders, banks, government: Fitch

China's investment crash raises credit risks for homebuilders,...

China’s sharp investment downturn is amplifying credit risks across the economy,...

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U.S. payrolls rose 50,000 in December, less than expected; unemployment rate falls to 4.4%

U.S. payrolls rose 50,000 in December, less than expected;...

The report presented a muddy view of the labor market, with companies reporting...

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Trump revealed some of Friday's jobs data early in post the prior day

Trump revealed some of Friday's jobs data early in post...

The president indicated that private sector payrolls had expanded by 654,000, a...

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UK economy surprises with stronger-than-expected 0.3% growth in November

UK economy surprises with stronger-than-expected 0.3% growth...

Economists expect the U.K. economy to improve in 2026, particularly as the Bank...

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China keeps benchmark lending rates unchanged despite slowing economic growth

China keeps benchmark lending rates unchanged despite slowing...

The People's Bank of China held its 1-year and 5-year loan prime rates at 3% and...