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Former White House economic advisor says more Fed hiking is coming

WASHINGTON — A former White House economist on Tuesday said he thinks the Federal Reserve will hike interest rates again…

How much do weddings cost? This one in Las Vegas is just $15

They say love doesn’t cost a thing. But that certainly isn’t true of weddings. In 2022, couples in the United…

European stocks close higher as investors look ahead to fresh economic data

European shares traded higher on the final trading week of August, as traders weighed the prospect of higher interest rates…

Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past

Since he took over the chair’s position at the Federal Reserve in 2018, Jerome Powell has used his annual addresses…

August once again lives up to its dismal reputation for stocks

Wall Street is really suffering through the dog days of August. The S&P 500 is down more than 3% this…

Biden takes a victory lap one year after signing Inflation Reduction Act

WASHINGTON — President Joe Biden celebrated the one year anniversary of the signing of the Inflation Reduction Act, arguing that the…

Fed officials see ‘upside risks’ to inflation possibly leading to more rate hikes, minutes show

Federal Reserve officials expressed concern at their most recent meeting about the pace of inflation and said more rate hikes…

Retail sales increased 0.7% in July, better than expected as consumer spending is holding up

Consumer spending held up well in July as inflation slowed, with retail sales turning in a stronger-than-expected showing for the…

China reports big data miss in July, stops releasing youth unemployment numbers

BEIJING — China reported July data that broadly missed expectations. The National Bureau of Statistics report also did not include…

Biden embraces July inflation report: ‘That’s Bidenomics’

WASHINGTON — Despite a small rise in inflation last month over June’s rate, President Joe Biden on Thursday insisted that July’s…