Tag: Breaking News: Economy
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Private companies added just 44,000 workers in July, below expectations, ADP reports
Hiring at private companies slowed considerably in July, with most of the job growth coming health care.
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Fed’s Kashkari says ‘now is the time to start slowly moving’ rates up
Kashkari was one of three dissenters at last week’s Federal Open Market Committee meeting.
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Trump’s deportation agenda raised prices, contracted local economies, immigration group says
A report released Wednesday by the immigration advocacy group America’s Voice argues President Trump’s immigration policy is hurting the economy.
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U.S. Treasury yields fall as traders monitor possible Iran war deal
Treasury yields moved lower as investors eye a potential deal to unlock the Strait of Hormuz.
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Stocks making the biggest moves midday: Palantir, Amazon, SpaceX, Sandisk, Snap & more
Here are some of the companies making headlines in midday trading.
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Philadelphia Fed President Paulson content with rates at current level, but keeping an open mind
Paulson said voting with the majority last week wasn’t a tough decision.
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Foreigners are buying fewer U.S. properties, but luxury homebuilders still draw them in
Foreign buyers are pulling back sharply from U.S. residential real estate, in part due to a pullback among workers that would qualify for H-1B visas.
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Trump and Republicans brand Democrats ‘communists’ amid progressive push
President Donald Trump and Republican allies are escalating attacks that label Democrats communists after progressive candidates won elections and primaries.
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Analysis: Federal Reserve may be pulled into Bessent’s effort to support Japan’s yen
Treasury Secretary Scott Bessent wants to defend the yen without selling Treasurys into a sensitive U.S. bond market. The Federal Reserve could help.
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Big Tech’s Anthropic and OpenAI stakes are distorting the corporate earnings picture
If you were to strip out Big Tech’s investment gains from private AI companies, the earnings story is a lot less bullish.
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