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Economy
Housing market cools as US home prices grow 0.9% annually
TheĀ housing market has cooled off this winter with the annual pace of home price growth…
May PCE: Inflation ticked slightly higher to 2.3%
The Federal Reserve's preferred inflation gauge showed that prices ticked slightly higher in May as…
Powell says economic risks shifting in Jackson Hole speech as Fed eyes rate cuts
Federal Reserve ChairĀ Jerome Powell on Friday said that the "balance of risks appears to be…
Consumer spending on live sporting events up 25% from pre-pandemic levels
A new analysis from theĀ Bank of America Institute found that consumer spending on live sporting…
Two potential picks to replace Fed Chair Powell stand out: El-Erian
Allianz chief economic advisor Mohamed El-Erian said Wednesday that he sees two of the contenders…
Trump-China trade agreement could include major 500 Boeing plane sale
Aerospace giant Boeing is in talks to sell as many as 500 planes to China…
Real estate market frozen as buyers await Jerome Powell rate cuts
If youāve flipped through the real-estate pages lately ā or just tried to pull up…
Fed’s July minutes show tariff inflation concerns kept rates unchanged
The minutes of theĀ Federal Reserve's July meeting released on Wednesday showed that policymakers were more…
Trump calls for Fed governor to resign as ally requests Justice Department probe
President Donald Trump on Wednesday called for the resignation of a Federal Reserve governor after…
Fed chair Powell to speak at Jackson Hole amid rate cut speculation
Federal Reserve ChairĀ Jerome Powell will deliver a keynote address at the annual Jackson Hole event…
Treasury chief Bessent eyes 11 contenders for Federal Reserve chair role
Treasury Secretary Scott Bessent said Tuesday that the Trump administration will begin its interview process…
Air Canada to gradually resume operations Tuesday
Air Canada's flight attendant union reached a tentative agreement with the airline, paving the way…
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