Economy
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Euro zone inflation softens to 8.5% in February as ECB signals interest rate hiking is not over
All eyes on the latest inflation numbers out of the euro zone as market players consider what the ECB will…
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The racial retirement savings gap remains wide – How these state IRA programs are working toward equity
Maskot | Maskot | Getty Images The income and wealth gaps between people of color and white households is wide,…
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Fed can’t tame inflation without ‘significantly’ more hikes that will cause a recession, paper says
The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates…
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Key Fed inflation measure rose 0.6% in January, more than expected
A measure the Federal Reserve watches closely to gauge inflation rose more than expected in January, indicating the central bank…
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OECD says global economic outlook ‘slightly better’ for 2023 but inflation risks linger
People shop near prices displayed in a supermarket on February 13, 2023 in Los Angeles, California. Mario Tama | Getty…
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UK economy in ‘a lot better shape’ than bleak figures suggest, fund manager says
People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023.…
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Here’s where the jobs are for January 2023 — in one chart
Zoom In IconArrows pointing outwards The U.S. economy added far more jobs than expected in January, boosted by a jump…
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Black women are gaining ground in the labor market but still face unique barriers
An employee works at the BMW manufacturing plant in Greer, South Carolina, October 19, 2022. Bob Strong | Reuters A…
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U.S. inflation is likely ‘far stickier’ and could last a decade, Bill Smead says
U.S. inflation is likely to be “far stickier” and could last a decade, according to Bill Smead, chief investment officer…
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Russia’s budget deficit has surged. But economists say Moscow won’t drain its war chest any time soon
Men wearing military uniform walk along Red Square in front of St. Basil’s Cathedral in central Moscow on February 13,…
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Sanctions on Russian oil are having the ‘intended effect,’ IEA says
Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price…
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