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Collins joins the chorus of other Fed officials who have indicated they favor further rate cuts following the Fed's first cut in more than four years, a jumbo-sized 50 basis point cut initiated on ...
Fans of USA during the Women's Gold Medal match between Brazil and United States of America during the Olympic Games Paris 2024 at Parc des Princes on Aug. 10, 2024, in Paris, France.
The latest GDP report showed that a key gauge of consumer demand picked up in the second quarter to an annual rate of 2.9%, matching the rate in the fourth quarter of 2023 for the strongest pace ...
The Bureau of Economic Analysis's advance estimate of third quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 2.8% during the period, below the 2.9% growth ...
USA TODAY 15 hours ago Cash App's parent company ordered to pay $175M for weak security procedures, feds say. Cash App's parent company Block has been ordered to pay $175 million to users and the Consumer Financial Protection Bureau's victim relief fund.
Business and economy Constitutional crisis in Somalia , Transport in Somalia The Somali Airlines Operators Association, representing at least 20 airlines, suspends all flights beginning on January 22, 2025, in protest against increased government-imposed fees after disputes with the Ministry of Aviation and the Somali Civil Aviation Authority .
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), central bank leaders see core inflation hitting 2.5% in 2025 — higher than September's projection of ...