Economic News
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Stock market today: Wall Street rallies to close out a bloom-filled May
An already verdant May for Wall Street finished with another push higher as stocks rallied after a report showed inflation is at least not worsening
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An inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
A price gauge closely tracked by the Federal Reserve cooled slightly last month, a sign that inflation may be easing after running high in the first three months of this year
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An inflation gauge closely tracked by the Federal Reserve shows some price pressures easing
An inflation gauge closely tracked by the Federal Reserve shows some price pressures easing
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Inflation ticked up in Europe in May. That likely won't stop a central bank rate cut next week
Inflation ticked up to an annual 2.6% in Europe in May
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Inflation in 20 countries that use the euro rises to 2.6% in May, likely won't stop European Central Bank rate cut
Inflation in 20 countries that use the euro rises to 2.6% in May, likely won't stop European Central Bank rate cut
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Modi touts India's roaring economy as he seeks reelection, but many feel left behind
Narendra Modi swept to power a decade ago on promises to transform India’s economy, and as he seeks a third term as prime minister, it would be hard to argue he hasn’t made strides
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Degree attainment rates are increasing for US Latinos but pay disparities remain
U.S. Census data shows the number of Latinos acquiring degrees has steadily increased over the last two decades
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Mortgage rates snap three-week pullback, pushing average rate on a 30-year home loan back above 7%
The average rate on a 30-year mortgage moved back above 7% this week, a setback for home shoppers at a time when the U.S. housing market is already slowing under the strain of elevated home loan borrowing costs and rising prices
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US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring of 2022, the government said in a downgrade from its previous estimate
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Boeing firefighters ratify a contract with big raises, which they say will end a three-week lockout
Boeing's private force of firefighters have approved a tentative new contract, and their union says they're going back to work
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