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Inflation

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Billionaire real estate investor Barry Sternlicht says he expects at least one bank failure per week due to real estate loans: ‘That’s a fragile animal right now’
Finance
Billionaire real estate investor Barry Sternlicht says he expects at least one bank failure per week due to real estate loans: ‘That’s a fragile animal right now’
By Will DanielMay 8, 2024
Governor of Sweden's Riksbank, Erik Thedeen.
Finance
Sweden acts as guinea pig on interest rate cuts, moving before the Fed for the first time this century—but it could be costly
By Ryan HoggMay 8, 2024
Stanley Druckenmiller
Politics
Billionaire Stan Druckenmiller says he’d give Bidenomics an ‘F’ because inflation almost came down before the Fed ‘fumbled on the five-yard line’
By Paolo ConfinoMay 7, 2024
Sen. Joe Manchin speaking in Congress
Politics
Joe Manchin and mining officials slam EV tax credit rule change, calling it a “blank check” to China
By Dylan SloanMay 6, 2024
Shoppers look at clothing on display at Target.
Retail
Target treks off the beaten path amid sales slump—by selling its own-brand products at other retailers
By Sasha RogelbergMay 6, 2024
Federal Reserve chair Jerome Powell
Finance
Softer jobs report could ease pressure on inflation, but ‘one month does not make a trend,’ Glenmede says
By Paolo ConfinoMay 3, 2024
It’s ‘just what the Fed chair wanted’ as the economy adds fewer jobs and unemployment rises to 3.9%
Finance
It’s ‘just what the Fed chair wanted’ as the economy adds fewer jobs and unemployment rises to 3.9%
By Will DanielMay 3, 2024
The father of the 401(k), Ted Benna
Leadership
The ‘father of the 401(k)’ talks about the death of pensions, the future of retirement, and what disturbs him most about his own creation
By Emma BurleighMay 2, 2024
An aerial view of Gamla Stan district after snowfall in downtown of Stockholm, Sweden
Finance
Swedish companies are going bust at a ‘remarkable’ rate, with bankruptcies up 72% since last year
By Niclas Rolander and BloombergMay 2, 2024
Jerome Powell has had it with the 1970s talk, saying he doesn’t see the ‘stag’ or the ‘-flation’ investors are worried about
Finance
Jerome Powell has had it with the 1970s talk, saying he doesn’t see the ‘stag’ or the ‘-flation’ investors are worried about
By Will DanielMay 1, 2024
Federal Reserve says ‘lack of further progress’ on inflation will keep interest rates at 2-decade highs
Finance
Federal Reserve says ‘lack of further progress’ on inflation will keep interest rates at 2-decade highs
By Christopher Rugaber and The Associated PressMay 1, 2024
John Waldron, the president and COO of Goldman Sachs, believes the country’s lack of control over it’s debt could risk a Truss-style economic crisis, he said at Semafor’s World Economic Summit on April 18.
Finance
The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
By Sunny NagpaulMay 1, 2024
James Quincey is wearing a black coat over a dress shirt and gesturing as he speaks.
Retail
Coca-Cola only sold 1% more drinks last quarter, but it raised prices 13%. Its CEO said it has ‘the right strategies’ for sustained success
By Sasha RogelbergApril 30, 2024
Michaels
Retail
Michaels defies inflation, cutting prices on over 5,000 items, seeing ‘constant rollbacks’ for next 6 to 12 months
By Alex Vuocolo, Retail Brew and Morning BrewApril 30, 2024
people shopping at Ikea store
Retail
Exclusive: Ikea is rolling out its third round of price cuts in a year across thousands of products as it eases shoppers’ inflation pain
By Prarthana PrakashApril 30, 2024
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