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Where Are Growth, Inflation and Interest Rates Headed? We Asked the Economists
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Federal Reserve not expected to budge on interest rates yet as inflation holds its grip
Consumers will have to be patient as they wait for price increases to meaningfully slow down, economists say.NBC News - Top stories - Federal Reserve -
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.The New York Times - Business - Federal Reserve -
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.The Wall Street Journal - World -
Inflation Is Exhausting
Feeding the family in an era of Washington mismanagement.The Wall Street Journal - World - Inflation -
Georgia Bill Targeting ‘Foreign Interests’ Draws Protests
Opponents of the measure, which resembles a Russian law that Moscow has used to crack down on dissidents, say it could undermine efforts for Georgia to join the European Union.The New York Times - World -
Carlsberg Buoyed by Growth in Asia
Carlsberg launched a new $144 million share buyback and maintained its full-year guidance after seeing strong growth in its premium drinks, driven by key markets in Asia.The Wall Street Journal - Business -
3 savings moves to make with inflation still rising
Inflation is on the rise, but that may be good news for savers. Here are three savvy savings moves to make now.CBS News - Top stories -
Inflation Is Stubborn. Is the Federal Budget Deficit Making It Worse?
Economists are divided over whether the growing amount of federal borrowing is fueling demand and driving up prices.The New York Times - Business -
This fiery economist became Argentina's president railing against politicians. Now he's wooing them
Argentina’s lower house has voted to approve a dramatically downsized version of President Javier Milei’s economic overhaul package, known as the omnibus billABC News - World -
Germany propels eurozone growth to 0.3%
GDP expansion in largest economies comes as bloc’s headline inflation remains at 2.4% but core rate keeps fallingFinancial Times - Business
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Aston Martin Outlook on Track, New Cars to Boost Growth
Aston Martin losses grew in the first quarter on lower revenue, but said it expected the launch of four new models this year would drive growth in the second half.The Wall Street Journal - World -
New York police entered Columbia University's campus, where they breached a building that had been occupied by protesters and removed pro-Palestinian demonstrators from encampments.
New York police entered Columbia University’s campus, where they breached a building that had been occupied by protesters and removed pro-Palestinian demonstrators from encampments.The Wall Street Journal - World - New York -
Congress is advancing changes aimed at improving air travel as federal lawmakers prepare to reauthorize the rules that govern the FAA's operations.
Congress is advancing changes aimed at improving air travel as federal lawmakers prepare to reauthorize the rules that govern the FAA’s operations.The Wall Street Journal - World -
The Biden administration is seeking to reclassify marijuana as a less dangerous drug, people familiar with the matter said, a historic move that could make it much easier to buy and sell pot and make the multibillion-dollar industry more profitable.
The Biden administration is seeking to reclassify marijuana as a less dangerous drug, people familiar with the matter said, a historic move that could make it much easier to buy and sell pot and make the multibillion-dollar industry more profitable.The Wall Street Journal - World -
China signaled a new campaign to rekindle flagging growth, a fresh sign of rising angst at the top of China's government over the prospects for the world's second-largest economy.
China signaled a new campaign to rekindle flagging growth, a fresh sign of rising angst at the top of China’s government over the prospects for the world’s second-largest economy.The Wall Street Journal - World - China