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Interest rate cuts are now all but guaranteed after dovish Fed meeting, experts say
Finance
Interest rate cuts are now all but guaranteed after dovish Fed meeting, experts say
By Will DanielAugust 21, 2024
America was short 800,000 jobs last year—but most investors aren’t worried
Finance
America was short 800,000 jobs last year—but most investors aren’t worried
By Will DanielAugust 21, 2024
Austan Goolsbee, Former chairman of the Council of Economic Advisers under President Barack Obama, testifies before the Congressional Joint Ecoomic Committee on Capitol Hill February 28, 2013 in Washington, DC. Goolsbee and fellow economics professor Michael Boskin disagreed on the speed of the nation's economic recovery during the hearing, titled "State of the U.S. Economy." (Photo by Chip Somodevilla/Getty Images)
Finance
Chicago Fed president warns falling inflation and high interest rates could make things worse
By Eleanor PringleAugust 21, 2024
Businesswoman looks anxious as she waits for job interview.
Newsletters
The labor market is a nervous wreck. Here’s what hiring managers need to know about the confusing and fearful jobs landscape
By Azure Gilman and Emma BurleighAugust 21, 2024
Ed Yardeni, President and Chief Investment Strategist of Yardeni Research
Finance
Famed economist Ed Yardeni predicts it’ll be ‘one and done’ for Fed rate cuts despite Wall Street expectations
By Eleanor PringleAugust 21, 2024
NYC shocks the market with housing lottery for apartments under $175k—near Central Park
Finance
NYC shocks the market with housing lottery for apartments under $175k—near Central Park
By Nacha Cattan and BloombergAugust 20, 2024
People are worried about losing their jobs even though the economy is good—it’s a ‘vibecession’
Finance
People are worried about losing their jobs even though the economy is good—it’s a ‘vibecession’
By Marco Quiroz-GutierrezAugust 20, 2024
Donald Trump
Politics
Trump defends Fed policy talk, hints at rate-cut push
By Mark Niquette and BloombergAugust 19, 2024
Fed Chair Powell’s Jackson Hole speech just got a lot less predictable
Finance
Fed Chair Powell’s Jackson Hole speech just got a lot less predictable
By Will DanielAugust 19, 2024
Mark Fields served as chief executive of Ford as well as interim CEO of Hertz
Tech
Musk blames the Fed for soft Tesla sales, but rate cuts won’t solve his problem, says ex-Hertz CEO 
By Christiaan HetznerAugust 19, 2024
The tail wags the dog: Top recession indicator now slows the economy, creator says
Finance
The tail wags the dog: Top recession indicator now slows the economy, creator says
By Jason MaAugust 18, 2024
Jerome Powell squints
Finance
Will Jerome Powell signal a jumbo Fed rate cut at Jackson Hole?
By Christopher Condon and BloombergAugust 18, 2024
Jerome Powell speaks at podium
Finance
Jerome Powell met Jamie Dimon and other bank CEOs behind closed doors to avoid legal fight
By Katanga Johnson and BloombergAugust 17, 2024
gold bars
Finance
Gold prices hit fresh record high, and an analyst says it’s a sign recession is on the way
By Yvonne Yue Li and BloombergAugust 16, 2024
Donald Trump spreading arms open
Finance
Dump this ‘Trump trade’ as Kamala Harris flips the election script, Citi says
By Ye Xie and BloombergAugust 16, 2024
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North America
Google cofounder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he losesplaceholder alt text
By Sasha RogelbergAugust 11, 2026
Success
After donating $8 billion, Steve and Connie Ballmer create three regional philanthropies so people closest to the work can decide how the money is spentplaceholder alt text
By Sydney LakeAugust 11, 2026
Economy
U.S. Treasury is paying $3 billion a day in interest on national debt, says the CBO—having spent $10 billion to prop up the currency of its top lenderplaceholder alt text
By Eleanor PringleAugust 11, 2026
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