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"Core PCE inflation fell surprisingly quickly in 2023, from a 4% annualized pace in the first half of the year to a 2% pace in the back half. We now expect the year-on-year rate to fall much more ...
In these charts, top Wall Street experts explain how inflation's decline and resilient economic growth, among other forces, have investors optimistic the stock market's 2024 rally has more room to ...
Here’s what happened. After a prolonged period of calm, financial markets went into a tailspin this week. The Japanese Nikkei 225 index tanked more than 12% on Monday, marking its worst ...
A ransomware attack earlier this year on UnitedHealth-owned health tech company Change Healthcare likely stands as one of the largest data breaches of U.S. health and medical data in history.
Unemployment in the United States. The United States Department of Labor issues a significant estimate correction stating that the U.S. economy added 818,000 fewer jobs between April 2023 and March 2024 than what was initially reported in July, the largest estimate revision since 2009. 2024 Canada railway shutdown
Through the year's first seven months, 2023 has defied investor expectations. The US economy continues to grow as economists abandon recession forecasts.The stock market has staged a rebound rally ...
TechCrunch | Reporting on the business of technology, startups, venture capital funding, and Silicon Valley
Stocks had their best week of 2024 as fresh economic data helped ease recession fears.. For the week, the S&P 500 popped nearly 4% and the Nasdaq Composite soared more than 5.2% higher.Meanwhile ...