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Inflation proving stubborn as major policy changes await
given the looming fiscal and trade policy changes, it is growing more likely that the central bank will pause its rate-cutting campaign to ascertain their impact on the economy. ... READ MORE >
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Durable goods orders were mixed in October as Q3 GDP remained strong
Business spending on equipment was mixed in October, likely because of uncertainty over the direction of fiscal and monetary policies, the Commerce Department reported on Wednesday. … READ MORE >
Initial jobless claims remain stable at 213,000
First-time jobless claims remained remarkably stable at 213,000 as continuing claims increased to 1.9 million for the week ending Nov. 23. … READ MORE >
Trump tariff losers index: Manufacturing, metals, petroleum and many more
The Trump Tariff Losers Index captured the supply chain stress during the pandemic era and is poised to turn upward should the threats of new tariffs become policy action. … READ MORE >
U.S. consumer confidence improves to highest level in more than a year
Consumer confidence edged up in November to its highest level in more than a year, driven by improved sentiment about both the current economic situation and future expectations. … READ MORE >