The 2023 Recession
Widely regarded economist Larry Summers has said again that the Federal Reserve should keep raising rates aggressively. The former U.S. Treasury Secretary and Harvard President […]
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Texas business owner seeking workers posts 'Now hiring non-stupid people' sign
video Steve Moore: ‘Huge’ worker shortage becoming ‘a real curse’ for US economy FreedomWorks economist and former Trump adviser Steve Moore says state unemployment benefits […]
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UK Nationwide House Price Index Falls First Time Since Mid-2021
UK house prices fell for the first time in 15 months in October after the turmoil caused by the mini-budget announcement hurt the sentiment in […]
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Tax Refund Checks From Massachusetts Going Out Now. Here’s All You Need to Know
If you live in Massachusetts, some extra cash could be coming your way very soon. The state has started sending about $3 billion in excess […]
Continue reading »Powerball winning numbers drawn for $1B jackpot
video FOX Business Flash top headlines for October 31 Check out what’s clicking on FoxBusiness.com The Powerball numbers for the estimated $1 billion jackpot were […]
Continue reading »US diesel supplier warns businesses to prepare for shortages, higher prices for consumers
video Ohio farmer on rising diesel cost: It’s a ‘challenge’ Yoder Farms owner Josh Yoder says he spends $1,500 a day for one tractor amid […]
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Spain Economic Growth Eases Sharply In Q3
Spain’s economic growth eased notably in the third quarter as the strength in consumption and investment were offset by the slowdown in the contribution from […]
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UK Car Production Falls For First Time In 5 Months: SMMT
UK car production declined for the first time in five months in September, as output was again restricted by severe supply chain issues affecting manufacturers, […]
Continue reading »US GDP grows 2.6% in the third quarter, but recession fears linger
video US economy not in ‘disaster, 2008-type’ scenario, analyst says Horizon Investments CIO Scott Ladner says inflation is boosting profits ‘for right now,’ and predicts […]
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U.S. New Home Sales Pull Back Less Than Expected In September
The Commerce Department released a report on Wednesday showing new home sales in the U.S. pulled back sharply in September after unexpectedly skyrocketing in August, […]
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Marlene is inheriting millions. She wants the taxman to take it away.
By the time her extraordinarily wealthy grandmother died last month, Marlene Engelhorn already knew whom she wanted to be the ultimate beneficiary of the enormous […]
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Japan Govt Maintains Economic View; Cautious About Market Volatility
Japan’s government maintained its economic view for the fourth straight month, but remained cautious about the market volatility amid falling bond yields and the weakening […]
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Ye had the keys to a multibillion-dollar fortune. Then he self-destructed
For years, it was an open question just how much Ye, the mercurial rapper formerly known as Kanye West, might be worth. He said he […]
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China Q3 GDP Growth Tops Expectations
China’s economic growth accelerated in the third quarter after the relaxation of Covid restrictions, but other economic indicators signaled a mixed picture, official data revealed […]
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Philips Posts Q3 Loss, Warns On Q4 Sales; Cuts Around 4,000 Jobs
Shares of Philips Electronics NV were losing around 3 percent in the morning trading in Amsterdam as well as in pre-market activity on the NYSE […]
Continue reading »Inflation complications: Parents struggle to afford baby supplies, nonprofits stepping up to help
video Inflation hitting baby supplies Prices for baby items have increased significantly over the last year, with baby diapers up 20%. The baby formula shortage […]
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American Express Q3 Profit Up 3%, Tops Estimates
Integrated payments company American Express Co. (AXP) reported on Friday the net profit for the third quarter grew three percent from last year, driven by […]
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BoJ Undertakes Bond Purchases To Safeguard Yields
The Bank of Japan conducted an unscheduled bond buying operation on Thursday after the benchmark bond yields exceeded the ceiling. The BoJ targets 10-year Japanese […]
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Want to save the budget? Ditch the franking credits loophole
Towards the end of last month, amid bubbling concerns over a global recession and fears about Australia’s national debt, the government announced a change to […]
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China Delays Q3 GDP Data Release
China delayed the publication of its third quarter GDP data on Monday without providing any explanation for the postponement as the release coincided with the […]
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