Tag: Economy

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Spirit Airlines Files for Bankruptcy Protection Amid Financial Struggles

Spirit Airlines, a well-known budget airline, has recently filed for bankruptcy protection due to financial struggles. Despite this, the airline reassured its customers that...
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Fed Chair Powell Urges Patience in Interest Rate Reductions

Federal Reserve Chair Jerome Powell spoke on Thursday about the strong U.S. economic growth, which allows policymakers to be patient in deciding on interest...
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Understanding Deflation Trends in October 2024: A Comprehensive Chart Analysis

In October 2024, deflation trends have been observed in the U.S. economy, particularly in the prices of physical goods. While deflation is not a...
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The Impact of Trump’s Mass Deportation Plan on Immigrant Workers and the Economy

President-Elect Donald J. Trump made promises during his campaign to implement strict immigration policies, including mass deportations. Experts believe that these policies could have...
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Fed Chair Powell Faces Pressure to Address Trump’s Impact on Economy

Federal Reserve Chairman Jerome Powell faced a barrage of questions from reporters during a news conference, as they sought his opinion on President-elect Donald...
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Federal Reserve Chair Powell Affirms He Would Not Resign if Asked by Trump

Federal Reserve Chairman Jerome Powell made it clear on Thursday that he would not resign from his position even if President-elect Donald Trump were...
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Trump’s Focus: Tax Cuts, Iran Sanctions & Tariffs – Former Treasury Secretary Mnuchin

President-elect Donald Trump is expected to focus on key aspects of his economic platform once he takes office in January, according to his former...
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U.S. Election Impact: 10-Year Treasury Yield Rises

The U.S. Election Impact on Treasury YieldsAs the U.S. presidential election between Vice President Kamala Harris and former President Donald Trump remains closely contested,...
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Post-US Election Stock Market Trends: A Historical Analysis

Stock market trends after a presidential election have historically shown that while there is usually an overall increase in stock prices, there can be...
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Boeing Machinists Vote on Union-Backed Contract Proposal with Warning

Boeing workers from the International Association of Machinists and Aerospace Workers District 751 are currently on a strike and have gathered on a picket...

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Nvidia Expects Strong Sales for Next-Gen Blackwell Chips

NVIDIA CEO Jensen Huang recently shared his insights on the future of artificial intelligence (AI) and its impact on energy consumption and production at...