Deflation: Here’s where prices fell in December 2023, in one chart
Extreme-photographer | E+ | Getty ImagesAs inflation continues to throttle back across the broad U.S. economy, some consumer categories have ...
Tag: U.S. Economy
Jobless rate for Black Americans declines to 5.2% to end 2023 on a positive note
A networking and hiring event for professionals of color in Minneapolis, MN. Michael Siluk | Getty ImagesThe unemployment rate for Black ...
Temu files fresh lawsuit against Shein, accusing its rival of ‘mafia-style intimidation’
Global online shopping platform Temu is already climbing the ranks in the U.S. Apple Store.Bloomberg | Bloomberg | Getty ImagesChinese ...
Here’s the inflation breakdown for November 2023 — in one chart
Kentaroo Tryman | Maskot | Getty ImagesInflation declined slightly last month on the back of weaker prices at the gasoline ...
‘You can’t just make your own rules’: Tesla faces Scandi revolt as Danes join Swedish strike
Elon Musk, chief executive officer of Tesla Inc., during a fireside discussion on artificial intelligence risks with Rishi Sunak, UK ...
Fed needs to cut rates at least five times next year, portfolio manager says
The Federal Reserve needs to cut interest rates at least five times next year to avoid tipping the U.S. economy ...
How $100 billion mining giant Rio Tinto is poised to benefit from the EV boom
Copper mines like Rio Tinto's Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of ...
Case for gold fever: NewEdge Wealth sees record rush intensifying
The record gold rush may intensify into year-end.According to NewEdge Wealth's Ben Emons, the final month of the year typically ...
Morgan Stanley CEO says his firm is ready for ‘Basel III endgame’ — the sweeping new global rules on banking
James Gorman, chairman and chief executive of Morgan Stanley, speaks during the Global Financial Leader's Investment Summit in Hong Kong, ...
UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
U.S. Federal Reserve Chairman Jerome Powell takes questions from reporters during a press conference after the release of the Fed ...
