Inflation rises faster than expected, Fed’s preferred PCE price tracker shows
The numbers: The cost of goods and services rose a higher-than-expected 0.4% in September, keeping the pressure on the Federal Reserve as it weighs
EKJFX Mutual Fund Underperforms With High Volatility and Low Returns
San Francisco-based EKJFX mutual fund, part of the Allspring family, has been struggling with underperformance and high market volatility, according to a recent analysis.
Opinion: China is ignoring the painful reality threatening its economic growth
Chinese President Xi Jinping recently sought to assure a bipartisan delegation of U.S. senators that China and the United States could still avoid a military confrontation
Inflationary Pressure Mounts As PCE Indices Exceed Federal Reserve’s Target
The Federal Reserve’s Core Personal Consumption Expenditures (PCE) Deflator for September dipped to a four-month low of 3.7% year-on-year (YoY), while the Headline PCE
Elon Musk to provide Starlink internet connectivity to aid organizations in Gaza
Elon Musk said that the SpaceX-owned satellite internet constellation, Starlink, will support internet connectivity to internationally recognized aid organizations in Gaza in a post
Lula says no need to erase Brazil’s fiscal deficit next year
By Lisandra Paraguassu BRASILIA (Reuters) -Brazilian President Luiz Inacio Lula da Silva said on Friday that his government does not need to erase its
Pro-Palestine protesters march through London demanding an Israeli ceasefire in Gaza
Pro-Palestine protesters marched through the streets of London on Saturday demanding an Israeli ceasefire in Gaza. A large crowd gathered in Victoria Embankment Gardens
Fed’s Restrictive Policy Impacts Housing And Job Markets Amid Steady Inflation
The Federal Reserve’s (Fed) restrictive monetary policy is having significant effects on the housing market and other interest-rate sensitive sectors, even as US inflation
Fed won’t raise rates next week and hopes that they’re done
The Federal Reserve will hold interest rates steady at its meeting next week, extending the pause that began after the last rate hike in
Inflation Persists Amid Robust Consumer Spending and Economic Growth
The Federal Reserve’s inflation monitor for September has indicated continuous price hikes, driven by strong consumer spending and economic growth. The data, released today,
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