Economy
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Fed Chair Warsh says inflation risk lower than it was a few weeks ago
Central bankers around the world have been looking at how to address inflation stemming from higher energy costs in the wake of the war in Iran, as well as the upward pressure on prices from the boom in artificial intelligence.
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U.S. job openings and hires were steady in May, Labor Department report says
There were 7.6 million available positions in May, and the hiring rate was at 3.3% in May, with about 5.2 million Americans taking new jobs.
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Everyday Economics: The consumer is still spending, but not out of the woods
Last month, inflation was still too high but some households got a little breathing room.
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People feel pretty good about personal finances right now
What could we be getting in November with a positive outlook on personal finances, but a negative outlook on the economy as a whole?
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New jobless claims continue trending down, slightly beating analysts' expectations
Roughly 1.31 million Americans filed first-time jobless claims last week, the U.S. Bureau of Labor Statistics reported Thursday. The number marks the 16th straight week that initial claims have exceeded 1 million.
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Ben Carson Jr. joining board of $250 million FVLCRUM fund to invest in minority-owned businesses
'If you look at almost any culture that's been successful in this country, there has been a wealthy group within that culture that has then supported the rest of that culture to become successful and enjoy prosperity over time,' says Ben Carson, Jr.
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Capitol Hill cashes in on coronavirus loans, PPP money goes to congressional members, foundations
Law firms, media outlets among other recipients.
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Congressional Budget Office anticipates 12% economic growth for remainder of 2020
The non-partisan agency is assessing the decade-long economic trends that will be affected by the coronavirus pandemic
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Amid violent riots and unrest, FBI ran record number of gun background checks last month
Sales were up 35% since April.
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U.S. adds record 4.8 million jobs in June, Labor bureau reports
New numbers exceed prediction of 3 million
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Following stock surge, Tesla becomes most valuable auto company in the world
The company rushed past Toyota on Wednesday to claim the top spot
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For black wealth expert Henry Childs, racial reconciliation starts with expanding economy
'You see these disturbances in America, because people when they feel like there's a lack of resources, then everybody tends to start fighting amongst each other,' says Henry Childs. 'So what we want to do is we want to create wealth.'
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Markets dip as coronavirus cases begin to spike; jobless numbers continue to fall
Stocks fall for second day in a row