A better-than-expected Consumer Price Index report triggered a big surge in stocks and bonds, as investors bet that interest rates will begin to fall.
Category: United States Economy
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Stock Market Rallies After CPI Inflation Report
The S&P 500 was on track for its biggest gain of the year, while shares of smaller companies surged.
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An Optimistic Inflation Report Reduces Pressure on the Fed to Raise Rates
Central bankers have been debating whether a final rate move is needed. A cooler-than-expected October inflation report may take the heat off.
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A High-Stakes C.P.I. Readout on Inflation Is Due
The latest Consumer Price Index report, due out on Tuesday, is expected to show that progress in bringing down inflation is slowing.
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The Rise and Fall of the U.S.-China Economic Partnership
China and the U.S. both gained from their economic integration. As they pull apart, each is finding it will be hard to fully replace the other.
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Biden’s Pacific Trade Pact Suffers Setback After Criticism From Congress
The administration will no longer try to announce the completion of the trade terms this week, after prominent Democrats objected to some provisions.
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Polluting Industries Say the Cost of Cleaner Air Is Too High
As the Biden administration prepares to toughen air quality standards, health benefits are weighed against the cost of compliance.
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Vermont May Be the Face of a Long-Term U.S. Labor Shortage
Employers are pulling out all the stops to attract workers as the state’s population grows older, offering a likely glimpse of the country’s future.
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Biden Finalizes Significant Overhaul in Federal Regulations
New rules from the Office of Management and Budget will change how the federal government weighs costs, enabling new efforts on climate change and poverty.