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Wednesday, July 24, 2024

Economy

May CPI, Fed Decision, and Apple’s Record High: 3 Key Highlights

The May Consumer Price Index (CPI) report, released on June 12, 2024, showed a significant slowdown in inflation, with the headline CPI remaining flat...

Cooling Inflation Rekindles Biden’s Hopes for Rate Cuts

The recent cooling of inflation has revived hopes for potential rate cuts by the Federal Reserve (Fed), which could benefit President Joe Biden's re-election...
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Live Updates from Fed Meeting: Inflation Persists, Will Interest Rates Be Cut Today?

The Federal Reserve is unlikely to cut interest rates during its two-day meeting in June, as inflation remains above...

Is a Recession Approaching? Economists Suggest Observing Women’s Lipstick Trends

The question of whether a recession is coming can be approached from various angles, including traditional economic indicators and...

The Decline of YOLO: Potential Negative Impacts on the Economy

The term "YOLO" (You Only Live Once) refers to the post-pandemic economic phenomenon where consumers were willing to spend...

Forced Labor: A Persistent Issue in Corporate America

Forced labor remains a persistent issue that corporations in the United States must grapple with, particularly in their global...

Consumer confidence recovered in May after months of deterioration

In May 2024, U.S. consumer confidence experienced a rebound after three consecutive months of decline, according to The Conference...

Top Fed Official: Inflation Progress Needed Before Rate Cut

The official's stance signals a focus on inflation data to guide future rate decisions. By emphasizing the importance of...