High interest rates, economic uncertainty and a cyberattack appear to have dampened sales in the three months between April and June.
Category: Inflation (Economics)
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The Fed’s Preferred Inflation Measure Cools, Welcome News
The economy appears to be downshifting and price gains are moderating, as Federal Reserve officials creep closer to beating inflation.
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A Biden-Trump Debate Cheat Sheet for Business
Tax policy, inflation, the economy and markets will be some key issues for corporate America and Wall Street in tonight’s showdown between President Biden and Donald Trump.
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Trump Eyes Bigger Trade War in Second Term
The former president’s past tariffs raised prices for consumers and businesses, economists say. His next plan could tax 10 times as many imports.
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Get Ready for the Debate Like an Economics Pro
What you need to know about the economy before Thursday’s showdown between President Biden and Donald J. Trump.
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Fact-Checking Biden’s and Trump’s Claims About the Economy
We fact-checked claims about inflation, jobs and tax policy from both presidential candidates.
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How Taylor Swift’s Eras Tour Might Affect Europe’s Economy
Economists are debating what effect the singer’s sweep through Europe will have this summer as swarms of fans increase demand for hotels and services.
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The Weird Housing Market, in 5 Charts
Home prices have held up better than expected amid high interest rates. But that doesn’t mean the housing market is healthy.
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Bank of England Holds Rates Steady, Despite Slower Inflation
Officials kept rates at their highest level since 2008 for a seventh consecutive meeting, even as inflation dipped to 2 percent in May.
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How Britain’s Economy Became So Stagnant
After more than a decade of deep budget cuts, slow growth and weak productivity, the country has struggled to overcome years of uncertainty and underinvestment.
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How Partisan Media Outlets Covered The Latest Inflation Numbers
Conservative media outlets used the new inflation data, which was lower than expected, to criticize President Biden’s handling of the economy. Liberal media outlets celebrated it.
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3.3%
The rate of inflation in May over the previous year.