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U.S. economy accelerated unexpectedly to a 2.4% growth rate in April-June...

WASHINGTON (AP) – The U.S. economy surprisingly accelerated to a 2.4% annual growth rate from April through June, showing continued resilience in the face of steadily...
Sehoon Kim

ESG investing is undergoing a big stress test

The Federal Reserve raised interest rates again on May 3, by a quarter point, making it the Fed’s 10th rate hike since March 2022...

U.S. adds a solid 253K jobs despite Fed’s rate hikes 

WASHINGTON (AP) – America's employers added a healthy 253,000 jobs in April, evidence of a labor market that still shows surprising resilience despite rising...

Inflation slows but stays high enough for Fed to hike again 

WASHINGTON (AP) – U.S. consumer inflation eased in March, with less expensive gas and lower food prices providing some relief to households that have...

Why Fed worries about the strongest U.S. job market in decades 

Chair Jerome Powell isn't as pleased with the robust U.S. job market as you might think he'd be, and he and the Federal Reserve...

U.S. slightly revises up its GDP estimate for Q4 to 7%

WASHINGTON (AP) – The U.S. economy ended 2021 by expanding at a brisk 7% annual pace from October through December, the government reported Thursday...
THE IMF has projected that the global economy will have its wrots years since the Great Depression. Above, the banking district of Frankfurt, Germany. / AP FILE PHOTO/MICHAEL PROBST

IMF: Global economy will suffer worst year since Depression

WASHINGTON (AP) – Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of...

Flexible work hours could widen income gap

Companies from Goldman Sachs Group Inc. to Monsanto Co. have gotten serious about making work more flexible. Thanks to apps and gadgets, you can...

World economy’s biggest threat: trade tensions

At last month’s meetings of the World Bank and International Monetary Fund, I repeatedly heard the same dismal view: The global economy is in...

IMF sees weakest world growth in three years as Europe slows

WASHINGTON – The International Monetary Fund cut its forecast for the world economy, predicting it will grow at the weakest pace in three years...
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