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Nation World
Powell: Fed aiming to avoid recession amid inflation fight
Nation World
Yellen: Recession not inevitable, gas tax holiday weighed
Yellen offered a dose of optimism even as economists grow more worried about a recession fueled by skyrocketing inflation and the Russian invasion of Ukraine.
Nation World
Biden says recession is 'not inevitable'
Despite the acknowledgement, Biden claims that the U.S. is "in a stronger position" than any other country to handle soaring inflation.
Nation World
As gas prices soar, Biden leans toward visiting Saudi Arabia
Biden once shunned the Saudi crown prince as a killer. But he might now need help from the world's largest oil exporter.
Nation World
Biden plots inflation fight with Fed chair as nation worries
The Fed wants to slow inflation without knocking the U.S. economy into recession, a sensitive mission that will include increasing benchmark interest rates.
Local News
As pain at the pump continues, the U.S. is exporting as much oil as it’s importing
As gas prices go up, Texas continues to ship the oil and gas we produce overseas. There is a reason we can’t keep it.
Nation World
Stocks claw back from edge of first bear market since 2020
The S&P 500 ended 18.6% below the record high it set in early January. A 20% decline would have been considered the beginning of a bear market.
Nation World
Record 4.5 million Americans quit their jobs in March
There were about two job openings for every person unemployed in March.
Nation World
US economy shrank by 1.4% in Q1 but consumers kept spending
The weak showing does not mean a recession is likely in the coming months. Most economists expect a rebound next quarter as solid hiring and wage gains go up.
Nation World
Robust hiring pushes unemployment rate to 3.8%, Labor Department says
Jobless claims fell by 5,000 to 166,000 for the week ending April 2. The previous week's number was revised down 31,000 claims, the Labor Department said.
Nation World
Here's how aggressively the Fed may raise interest rates to fight inflation
Fed officials said that half-point interest rate hikes, rather than traditional quarter-point increase, “could be appropriate” multiple times this year.
Nation World
Another 4.4 million Americans quit their jobs in February
In February, there were 1.8 openings for every unemployed worker. Before the pandemic, there were usually more unemployed people than job openings.
Nation World
Yellen: Recession not inevitable, gas tax holiday weighed
Yellen offered a dose of optimism even as economists grow more worried about a recession fueled by skyrocketing inflation and the Russian invasion of Ukraine.
Nation World
Biden says recession is 'not inevitable'
Despite the acknowledgement, Biden claims that the U.S. is "in a stronger position" than any other country to handle soaring inflation.
Nation World
As gas prices soar, Biden leans toward visiting Saudi Arabia
Biden once shunned the Saudi crown prince as a killer. But he might now need help from the world's largest oil exporter.
Nation World
Biden plots inflation fight with Fed chair as nation worries
The Fed wants to slow inflation without knocking the U.S. economy into recession, a sensitive mission that will include increasing benchmark interest rates.
Local News
As pain at the pump continues, the U.S. is exporting as much oil as it’s importing
As gas prices go up, Texas continues to ship the oil and gas we produce overseas. There is a reason we can’t keep it.
Nation World
Stocks claw back from edge of first bear market since 2020
The S&P 500 ended 18.6% below the record high it set in early January. A 20% decline would have been considered the beginning of a bear market.
Nation World
Record 4.5 million Americans quit their jobs in March
There were about two job openings for every person unemployed in March.
Nation World
US economy shrank by 1.4% in Q1 but consumers kept spending
The weak showing does not mean a recession is likely in the coming months. Most economists expect a rebound next quarter as solid hiring and wage gains go up.
Nation World
Robust hiring pushes unemployment rate to 3.8%, Labor Department says
Jobless claims fell by 5,000 to 166,000 for the week ending April 2. The previous week's number was revised down 31,000 claims, the Labor Department said.
Nation World
Here's how aggressively the Fed may raise interest rates to fight inflation
Fed officials said that half-point interest rate hikes, rather than traditional quarter-point increase, “could be appropriate” multiple times this year.
Nation World
Another 4.4 million Americans quit their jobs in February
In February, there were 1.8 openings for every unemployed worker. Before the pandemic, there were usually more unemployed people than job openings.
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