Economy
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PublishedAugust 23, 2023
Investors say they’ll stick with gold as Fed cycle nears end
There's still obvious uncertainty around when the Federal Reserve will end the bank's tightening cycle, which would be an important positive for noninterest-bearing gold.
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PublishedAugust 23, 2023
Surprisingly durable U.S. economy poses question: Are we facing higher-for-longer interest rates?
One after another, economists have postponed or reversed their earlier forecasts for a recession.
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PublishedAugust 6, 2023
Jim Fossel: Don’t buy the Fed’s rosy economic forecast
The central bank has backed off its prediction of a recession next year, but this does not comfort me.
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PublishedJuly 27, 2023
A ‘rolling recession’ or ‘richcession’ might spare U.S. economy from full-scale downturn
The latest snapshot of the economy coincides with rising sentiment that it may achieve an elusive 'soft landing,' in which growth slows and inflation falls without igniting a full-blown recession.
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PublishedJuly 27, 2023
U.S. economy accelerated unexpectedly to 2.4% growth rate despite Fed hikes
Driving the gain was a burst of business investment.
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PublishedJuly 22, 2023
Commentary: The false centrism of the political group No Labels
The No Labels manifesto championed by the likes of Joe Manchin is composed of misinformation, naivete, misguided solutions and timeworn platitudes.
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PublishedJuly 14, 2023
Commentary: Yes, a recession is still a possibility
Predictions of a ‘soft landing’ seem both premature and hard to square with some of the data.
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PublishedJuly 11, 2023
That full-time job? Now it’s part-time.
Economists warn against making too much of a single data point, but say the latest spike in involuntary part-time work could be a harbinger of layoffs to come.
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PublishedJuly 8, 2023
Commentary: Bidenomics has been a boon for working-class voters. Why don’t they give him credit?
Opinion polls still show that the president gets low marks for his management of the economy, which is actually doing fine.
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PublishedJuly 7, 2023
U.S. slowed hiring but still added solid 209,000 jobs in June in sign of economy’s resilience
Many industries are still adding jobs to keep up with consumer demand and restore their workforces to pre-pandemic levels.
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