Articles filed under Economy
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U.S. wholesale inflation fell last month on lower food costsMar 15, 2023 1:00 am - WASHINGTON - Wholesale price increases in the United States slowed sharply last month as food and energy costs declined, a sign that inflationary pressures may be easing...
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U.S. inflation eases but stays high, putting Fed in tough spotMar 14, 2023 1:00 am - WASHINGTON - U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Fed...
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Applications for US jobless aid rise by most in 5 monthsMar 09, 2023 12:00 am - The number of Americans applying for unemployment benefits last week jumped by the most in five months, but layoffs remain historically low as the labor market continues...
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French strikers renew pressure on Macron to ax pension planMar 08, 2023 12:00 am - PARIS - Tens of thousands of people marched in Paris and other cities across the country Wednesday to denounce the government's pension plan as unfair to female workers,...
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Powell signals increased rate hikes if economy stays strongMar 07, 2023 12:00 am - WASHINGTON - The Federal Reserve could increase the size of its interest rate hikes and raise borrowing costs to higher levels than previously projected if evidence cont...
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The U.S. economy is sending mixed signals: Here's what it all meansMar 05, 2023 4:00 am - WASHINGTON - Maybe it was just too good to be true. For a few weeks in late January and early February, the U.S. economy seemed to have reached a rare sweet spot. Inflat...
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Europe inflation eases slightly but consumer pain persistsMar 02, 2023 12:00 am - FRANKFURT, Germany - Inflation eased only slightly in the 20 countries that use the euro currency as the pain from higher costs for food and fuel persists and gives the ...
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Aligning the value of gig work with the value of job qualityFeb 26, 2023 12:00 am - During a historically tight labor market with more job openings than available people to fill them, businesses must prioritize job quality in order to compete for worker...
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Taking fees from suburban visitors isn't a solution for ChicagoFeb 19, 2023 12:00 am - Just when we think Illinois' political elite couldn't think of any more ridiculous taxes to impose - e.g., the soda tax - proposals for more goofy taxes come along. Bran...
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Suburbanite Charles Evans helped guide the U.S. economy through turbulent times the last 15 yearsFeb 05, 2023 12:00 am - Charles Evans became president and CEO of the Chicago branch of the Federal Reserve Bank in September 2007, just in time to help the Fed fight through the Great Recessio...