Economy
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Powell may use Jackson Hole speech to hint at how fast and how far the Fed could cut rates
Aug 20, 2024 7:06 am - Federal Reserve officials have said they're increasingly confident that they've nearly tamed inflation. Now, it's the health of the job market that's starting to draw their concern.
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U.S. renters get perks as building boom eases supply, Zillow says
Aug 18, 2024 5:45 am - US renters are winning concessions when they sign new contracts, an indication that surging apartment construction is easing the supply squeeze, according to a new blog p...
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U.S. consumer sentiment rises slightly on Democratic optimism over Harris’ presidential prospects
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Harris aims to blunt Trump's economic attacks by proposing new tax breaks in a bid to lower costs
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U.S. shoppers sharply boosted spending at retailers in July despite higher prices
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Kamala Harris to propose ban on ‘price gouging’ for food, groceries
Aug 15, 2024 10:24 am - Vice President Kamala Harris on Friday will unveil a proposed ban on “price gouging” in the grocery and food industries, embracing a strikingly populist proposal in her most significant economic policy announcement since becoming the Democratic Party’s nominee.
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Annual U.S. inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates
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Trump’s campaign called it an economic address. He made big promises but mostly veered off topic
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State publishes 5-year business development plan
Aug 13, 2024 3:30 pm - The Illinois Department of Commerce and Economic Opportunity on Monday published a five-year plan outlining how it hopes to attract and retain businesses in the state. At...
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Americans’ refusal to keep paying higher prices may be dealing a final blow to U.S. inflation spike