Global Markets Fall on Worries About Inflation and Interest Rates

The S&P 500 fell 2 percent, putting the index on track for a second consecutive weekly decline, and the yield on the 10-year Treasury note, a benchmark for borrowing costs, rose slightly. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. This article is part of […]

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The Fed’s Outlook Is an ‘Unrealistic Fantasy’ to Some Investors

In some corners of the market, investors just don’t see how the Federal Reserve can lower inflation without risking high unemployment. Send any friend a story As a subscriber, you have 10 gift articles to give each month. Anyone can read what you share. This article is part of our Daily Business Briefing By Joe Rennison At the Federal Reserve’s […]

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China's consumer, producer inflation slows in August

BEIJING (Reuters) -China’s consumer prices rose at a slower-than-expected pace in August amid heatwaves and COVID-19 flare-ups, while producer inflation eased to the lowest since February 2021, official data showed.FILE PHOTO: People walk along Nanjing Pedestrian Road, a main shopping area, in Shanghai, China May 5, 2021. REUTERS/Aly Song/File PhotoThe consumer price index (CPI) increased 2.5% year-on-year from a 2.7% […]

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Holy Ground Tiny Homes is allegedly lying about delivery times

In a TikTok video posted July 27, Matt Sowash wears a “My Life Was a Fiasco Without Jesus” T-shirt, stands beside a half-built tiny home and makes his sales pitch. “If you’re looking for a 24-footer in the next couple of weeks, I’ve got it!” he tells his 77,000 followers. Six days later, another video from the same account: “We’ve got […]

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Gagarin crypto news

Welcome to the most adaptable crypto exchanging site! Gagarin News is a worldwide cryptographic money news entry. The internet based stage, made by the makers of the world’s most memorable amusement show about digital forms of money Gagarin Show, is intended to advocate the new period of blockchain innovation, which is completely changing us. Perusers will gain admittance to the […]

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China set to lower lending benchmarks to revive wobbly economy

SHANGHAI (Reuters) – China is widely expected to lower its benchmark lending rates on Monday, a Reuters survey showed, with a vast majority of participants predicting a deeper cut to the mortgage reference to lift the ailing property sector and the overall economy.FILE PHOTO: People wearing protective masks visit a main shopping area, following new cases of the coronavirus disease […]

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U.S. producer prices fall in July; weekly jobless claims rise

(Reuters) -U.S. producer prices unexpectedly fell in July amid a drop in the cost for energy products and underlying producer inflation appears to be on a downward trend, while jobless claims rose for a second straight week in a labor market that remains tight.FILE PHOTO: A sign outside a McDonalds restaurant reads “Now Hiring” in Augusta, Georgia, U.S., April 11, […]

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U.S. wholesale inventories gain revised lower in June

FILE PHOTO: A shopping cart is seen in a supermarket as inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022. REUTERS/Andrew Kelly(Reuters) – U.S. wholesale inventories increased less than initially thought in June as businesses slowed the replenishment of their stocks as they continue to draw down on excess inventories amid softening consumer spending. The Commerce […]

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