UK economy grew 0.5% in February, beating economists' expectations by a long shot
Economists polled by Reuters expected U.K. gross domestic product (GDP) to have expanded by 0.1% month-on-month.
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Cattle prices soar to record highs as grilling season heats up
Cattle futures contracts have jumped more than 25% over the past 12 months as ranchers face rising costs and cut the size of herds.
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Here are all the ways the Iran war has affected the U.S. economy so far
The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much.
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Cleveland Fed President Hammack expects interest rates to stay on hold 'for a good while'
The central bank official advocated a patient approach as officials watch incoming data for clues about where the U.S. economy is heading.
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Bessent: Economic Growth Will Be Slower This Quarter Amid Iran War
U.S. Treasury Secretary Scott Bessent said on Wednesday that the economy will be slower this quarter amid the Iran war, but it is in good shape and will rebound, adding that oil prices do not appear to be weighing on inflation expectations. In an interview on CNBC,...
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Ken Griffin: Global Recession Certain if Hormuz Remains Shut
Citadel CEO Ken Griffin warned that the global economy would slide into recession if the Strait of Hormuz remains shut for an extended period, CNBC reports.
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