Economic activity increased in most parts of the U.S. and employment was mostly unchanged in recent weeks, the Federal Reserve said Wednesday in a report that may do little to sway policymakers' interest rate views ahead of the central bank's meeting in two weeks.
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Bipartisan Deal Pushes $50B in Foreign Aid Spending
Republicans struck a bipartisan, bicameral funding deal with Democrats to send roughly $50 billion overseas, defying DOGE-backed spending cuts and President Donald Trump's push to dismantle the U.S. Agency for International Development, Foreign Policy reported.
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Wholesale inflation was softer than expected, retail sales moved higher in November
Wholesale prices moved up less than expected while consumers kept up a heavy buying pace, according to economic data Wednesday.
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2025 US Home Sales Stuck at 30-Year Low
The U.S. housing market slump dragged into its fourth year in 2025 as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers out of the market.
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US Existing Home Sales Accelerate in December
U.S. existing home sales accelerated in December, boosted by lower mortgage rates and slow growth in house prices.Home sales jumped 5.1% last month to a seasonally-adjusted annual rate of 4.35 million units, the National Association of Realtors said on Wednesday.Economists...
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Wholesale Inflation Ticks up a Mild 0.2% in November
U.S. wholesale prices rose modestly in November, the government said in report delayed by the federal government shutdown.
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