U.S. Economy
How Donald Trump’s criminal conviction boosted his campaign fundraising machine
Throughout his 2024 campaign, former President Donald Trump has managed to keep his political operation afloat by walking a delicate financial tightrope. The guilty verdict in a Manhattan hush money case added to a long list of legal challenges that have cost him more than $100 million in donor money to date. Campaign finance experts […]
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Fed meeting live updates: All eyes on central bank’s new rate forecast
All eyes are on Fed’s dot plot as traders look for clarity on rate cut path Traders will have their focus on the Federal Reserve’s dot plot of interest rate expectations as the central bank concludes its policy meeting. The dot plot, a quarterly report of where policymakers see the fed funds rate heading, is […]
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Biden cheers cooling inflation ahead of key Fed interest rate decision
President Joe Biden on Wednesday took a victory lap on the latest inflation report, which found that consumer prices did not rise in May over their April levels, marking the first time since 2022 that U.S. month over month inflation has remained flat. “Prices are still too high, but today’s report shows welcome progress on […]
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Craft cocktails, mountain bikes and art: Walmart’s hometown is booming, and getting more expensive
BENTONVILLE, Ark. — When Gil Curren’s family moved into a run-down farmhouse in Walmart’s hometown of Bentonville, Arkansas, in 1971, the now-retail giant wasn’t yet a decade old. Sometimes, the nearby creek would flood, and cows would break loose onto the dirt road in front of his home. Now, when the 88-year-old retiree looks outside […]
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Observe: President Joe Biden delivers remarks on new U.S.-Mexico immigration executive buy
[The stream is slated to start at 2 p.m. ET. Please refresh the page if you do not see a player above at that time.] President Joe Biden is set to supply remarks at the White Property on Tuesday about his recently signed govt buy tightening asylum limits at the U.S.-Mexico border. The executive order […]
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Biden’s new immigration order could tighten labor markets, but ease supply chain bottlenecks
President Joe Biden delivers remarks about immigration and border security on February 29, 2024 in Olmito, Texas. Cheney Orr | Getty Images President Joe Biden’s new executive order tightening asylum limits at the U.S.-Mexico border could have the double-edged economic effect of tightening labor markets, while also easing supply chain bottlenecks between the two countries, […]
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Why the price of chocolate’s key ingredient skyrocketed in 2024
Chocolate’s key ingredient has soared in commodities markets throughout 2024. Spot prices for cocoa began the year around $4,200 an ounce, then hit an all-time high of more than $12,000 an ounce in late April before settling above $9,000. Factors such as crop disease, El Niño, farm-gate prices and market speculation all played big roles […]
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Selecting stays powerful for lower earners, Vanguard finds
Key Factors Choosing has been resilient for employees in decreased-paying out careers, in accordance to a new Vanguard analysis. Meanwhile, it has waned a little bit for larger earners. The all round task industry has cooled but stays strong. There are indicators of a new pickup, a person economist said. Resource
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Everyone you know is going on a cruise
Virgin Voyages’ Scarlet Lady cruise near Weymouth, United Kingdom. Finnbarr Webster | Getty Images News | Getty Images Virgin Voyages’ Scarlet Lady cruise near Weymouth, United Kingdom. Finnbarr Webster | Getty Images News | Getty Images Lots of people will be getting their sea legs this summer. Ports have been packed with cruise ships over […]
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Samsung’s HBM chips reportedly fall short Nvidia assessments due to heat and electricity usage woes
A male walks earlier the Samsung logo shown on a glass doorway at the company’s Seocho making in Seoul on April 7, 2023. Jung Yeon-je | Afp | Getty Pictures Samsung Electronics’ latest significant bandwidth memory (HBM) chips have nevertheless to pass Nvidia’s tests for use in the U.S. firm’s AI processors due to heat and power intake […]
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