Economy

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UK economy shrinks for second month, contracting 0.1% in October

UK economy shrinks for second month, contracting 0.1% in...

It marked the country's second consecutive economic downturn, following a 0.1% GDP...

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The Fed has a big interest rate decision coming Wednesday. Here's what to expect

The Fed has a big interest rate decision coming Wednesday....

Traders are pricing in a near certainty that the Fed on Wednesday will lower its...

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UK inflation rises to 2.6% in November, in line with expectations

UK inflation rises to 2.6% in November, in line with expectations

UK inflation data comes after wage growth quashed any last expectation for a final...

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Friday's jobs report could present a mixed view of the labor market. Here's what to expect

Friday's jobs report could present a mixed view of the...

Economists expect the Bureau of Labor Statistics to report a gain of 155,000 jobs,...

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Inflation watch: Wholesale prices rose 0.2% in December, less than expected

Inflation watch: Wholesale prices rose 0.2% in December,...

The producer price index was expected to increase 0.4% in December, according to...

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Budget deficit rose in December and is now 40% higher than it was a year ago

Budget deficit rose in December and is now 40% higher than...

For the final calendar month of 2024, the shortfall totaled $86.7 billion, which...

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New Zealand won't 'get rich' by focusing trade in the South Pacific alone, PM says

New Zealand won't 'get rich' by focusing trade in the South...

New Zealand is the latest country to sign an economic partnership with the United...

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Budget deficit swells in November, pushing fiscal 2025 shortfall 64% higher than a year ago

Budget deficit swells in November, pushing fiscal 2025...

For the month, the deficit totaled $366.8 billion, 17% higher than November 2023

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If Trump wants to kill inflation, the first thing he needs to do is get more homes built

If Trump wants to kill inflation, the first thing he needs...

If President-elect Donald Trump is going to push inflation back down to a more tolerable...

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Wholesale prices rose 0.4% in November, more than expected

Wholesale prices rose 0.4% in November, more than expected

The producer price index was expected to increase 0.2% in November, according to...

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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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Iran faces dual crisis amid currency drop and loss of major regional ally

Iran faces dual crisis amid currency drop and loss of major...

Since September, the rial has suffered the ripple effects of hits to Iran's proxies,...

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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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Services index shows big jump in prices for December as companies fear tariffs

Services index shows big jump in prices for December as...

The ISM services survey's prices index jumped to 64.4%, an increase of 6.2 points...

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Trump could declare national economic emergency to justify universal tariffs, CNN reports

Trump could declare national economic emergency to justify...

The president-elect is looking at utilizing the International Economic Emergency...

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Private sector companies added 122,000 jobs in December, less than expected, ADP says

Private sector companies added 122,000 jobs in December,...

Job creation eased more than expected in December while wages grew at the slowest...