The Federal Reserve’s preferred inflation gauge climbed rapidly in June. Wage and benefit gains are fast, too, separate data showed.
Tag: Interest Rates
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The S&P 500 is about to have its best month since November 2020.
The rebound in stocks is a reflection that the current round of updates from corporate America are not as bad as feared. But there are still reasons for investors to be wary.
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The Big Economic Question
It is not whether the U.S. is in a recession. It’s whether the economy will soon worsen.
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U.S. Economy Shows Another Decline, Fanning Recession Fears
Gross domestic product, in an initial reading, fell 0.2 percent in the second quarter. President Biden said any troubles would be transitory.