The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air
A week's worth of inflation data showed that price pressures have eased substantially.
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Former Drilling Foe Harris Pivots and Now Supports It
Even as she promoted her efforts to boost clean energy, Vice President Kamala Harris said in Tuesday's debate that the Biden-Harris administration has overseen "the largest increase in domestic oil production in history."
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Interest payments on the national debt top $1 trillion as deficit swells
The August shortfall popped by $380 billion, a dramatic reversal from the $89 billion surplus for the same month a year prior.
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The One Big Question Everyone Has for the Fed
After this week's inflation report, the stage seems to be set for the Federal Reserve to cut interest rates at next week's Federal Open Market Committee (FOMC) meeting. But the one big question everyone has is, will the Fed cut interest rates by 25 basis points (0.25%) or...
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Hoping Prices Go Back Down? Think Again
It's heard every day in grocery stores and other retail settings across the country: When are these prices going to go back down?
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Wholesale prices rose 0.2% in August, in line with expectations
The producer price index was expected to increase 0.2% in August, according to the Dow Jones consensus forecast.
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