The Fed’s campaign to slow the economy is gradually taking hold, but officials have been particularly surprised by the job market’s resilience.
Tag: United States Economy
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Many States Are Sending Checks to Help Residents With Inflation
Up to 20 are using some of their budget surpluses to help taxpayers deal with high inflation. But some economists worry that the payments could fuel inflation.
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In New Forecast, New York City Projects $2.9 Billion Deficit
The stock market’s weak performance is projected to cost the city billions of dollars in pension fund obligations in the coming years.
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Stocks Jump on Hopes of Lower Inflation
Lower-than-expected data on wholesale prices and resilient earnings from retailers were cheered by investors.