Economy
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Jobless claims show surprise increase to highest level in a month
Initial jobless unexpectedly rose last week despite an ongoing recovery in the U.S. employment market, the Labor Department reported Thursday.…
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The Fed moves up its timeline for rate hikes as inflation rises
The Federal Reserve on Wednesday considerably raised its expectations for inflation this year and brought forward the time frame on…
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Vaccines will be the ‘most important’ economic policy this year, IMF chief says
LONDON — Vaccine policy will trump all other economic polices this year as the world tries to recover from the…
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Mortgage refinances rebound as rates drop temporarily to lowest level in a month
Robin Azougi 1st R, a licensed real estate salesperson with Douglas Elliman Real Estate, talks with prospective buyers at a…
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Homebuilder sentiment drops to 10-month low, as construction costs drive prices higher
Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, U.S.…
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Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record
Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in…
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A full rundown of what to expect from the Federal Reserve on Wednesday
U.S. Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move…
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Household net worth climbs to $136.9 trillion, thanks to big stock market gains
U.S. dollars are counted by a at a bank in Westminster, Colorado. Rick Wilking | Reuters The net worth of…
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Consumer prices jump 5% in May, fastest pace since the summer of 2008
Consumer prices for May accelerated at their fastest pace in nearly 13 years as inflation pressures continued to build in…
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Mortgage rates drop, but not enough for priced-out homebuyers
A real estate agent and a potential home buyer in Coral Gables, Fla. Getty Images Mortgage rates fell slightly last…
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