The U.S. Economy May Be Too Strong for Its Own Good
The Fed may have to hold interest rates high until something breaks.
Read more at Inc.
Topics
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Robust U.S. Economy May Not Need Trump’s Big Reforms
The incoming President wants to uncork major moves, including protectionist tariffs, more tax cuts, and immigration curbs, but macroeconomic data suggests some measures may not be required.Inc. - 1h -
Why SEC Basketball Is Its Own Worst Enemy
The conference’s superiority this season also ensures something else: carnage, a columnist for The Athletic writes.The New York Times - 2d -
Mexico to Avoid U.S. Tariffs, Economy Minister Says
President-elect Donald Trump wants tariffs if Mexico doesn’t comply with his border goals.Inc. - 2d -
Strong jobs data is good news for the economy, just not for the market. Here's why
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - 2d -
The FuboTV-Hulu deal was good for investors. There’s a silver lining for viewers too.
Live-TV streaming offerings are still far cheaper than cable and there may be more affordable bundles.MarketWatch - 5d -
Meta is killing off its own AI-powered Instagram and Facebook profiles
Instagram profile of ‘proud Black queer momma’, created by Meta, said her development team included no Black people. Meta is deleting Facebook and Instagram profiles of AI characters the company ...The Guardian - Jan. 3 -
Why the U.S. economy is still strong despite the Fed’s 2022-’23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from ...MarketWatch - Jan. 3 -
‘We can be weirdos too’: the Black mermaids creating their own fantasy worlds
Mermaiding has gained popularity in the US – and Black mermaids are using the activity to advocate for aquatic safety, raise environmental awareness and connect to African spirituality. Dressed in ...The Guardian - Jan. 1
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How the Rising Number of Bogus ‘Ghost Job’ Listings Threatens Company Reputations
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Robust U.S. Economy May Not Need Trump’s Big Reforms
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My Employees’ Juice Cleanses Are Disrupting Their Work
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More in Business
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Cleveland-Cliffs partnering with Nucor on potential bid for U.S. Steel, sources say
The White House over the weekend extended the deadline for Nippon to permanently end its pursuit of U.S. Steel until June.CNBC - 4m -
10-year Treasury yield touches fresh 14-month high ahead of key inflation reports
U.S. Treasury yields leapt last week after December's jobs report came in stronger than expected.CNBC - 6m -
There's a popular tech stock washout Monday as Palantir, Nvidia and Rigetti Computing drop
Popular technology stocks tumbled Monday as bond yields rose, dragging down tech-heavy Nasdaq-100 futures.CNBC - 8m -
Biden's total student debt relief passes $183 billion, after he forgives another 150,000 borrowers
In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers.CNBC - 10m -
News Outlets Batten Down the Hatches for Trump’s Return
Media organizations are taking unusual steps to prepare for what they fear will be a legal and political onslaught from the new administration.The New York Times - 13m