Articles filed under Economy
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The banking crisis isn't over. But how bad will it get?May 04, 2023 1:00 am - NEW YORK (AP) - Uncertainty continues to pummel the banking industry, despite assurances from financial regulators and bankers such as Jamie Dimon this week that the wor...
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Why First Republic failed. Are other banks to follow?May 02, 2023 1:00 am - First Republic Bank has become the second large regional bank with assets over $200 billion to fail in just a few weeks. Like Silicon Valley Bank, which was seized by th...
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Inflation pressures remain persistent as consumers pull backApr 28, 2023 1:00 am - WASHINGTON - Key measures of prices and wages remained high in March, keeping the Federal Reserve on track to raise interest rates next week for the 10th time since Marc...
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U.S. economy grew at weak 1.1% rate in Q1 in sign of slowdownApr 27, 2023 1:00 am - WASHINGTON - The U.S. economy slowed sharply from January through March, decelerating to just a 1.1% annual pace as higher interest rates hammered the housing market and...
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Illinois' push to clean energy has been re-energized by 2021 lawApr 15, 2023 1:00 am - For Jon Carson, founder of solar developer Trajectory Energy Partners, the impact of the state's massive climate bill — the Climate and Equitable Jobs Act or CEJA — has ...
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Cheaper gas and food provide some relief from U.S. inflationApr 12, 2023 1:00 am - WASHINGTON - U.S. consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging...
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Fifth Third Private Bank managing director to speak at Economic Outlook BreakfastApr 11, 2023 11:00 pm - Economic Outlook Breakfast Thomas Jalics, managing director, chief investment strategist and senior vice president for Fifth Third Private Bank, will be the keynote...
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Unemployment fell to 3.5% under Biden. For how much longer?Apr 08, 2023 1:00 am - WASHINGTON (AP) - President Joe Biden keeps seeing good economic news and bad public approval ratings. The unemployment rate fell to 3.5% in March. More than 236,000 job...
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U.S. adds 236,000 jobs despite Federal Reserve's rate hikesApr 07, 2023 1:00 am - WASHINGTON - America's employers added a solid 236,000 jobs in March, suggesting that the economy remains on solid footing despite the nine interest rate hikes the Feder...
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Applications for jobless aid rising but still at low levelsApr 06, 2023 1:00 am - The number of Americans seeking unemployment aid was higher over the past few months than the government had initially reported, reflecting a modest rise in layoffs as t...