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Browsing Category
Economy
Our top 5 stocks of the topsy-turvey market since July’s Monthly Meeting
It's been a Jekyll and Hyde stock market since the Club's last Monthly Meeting. The S & P 500 closed at a record on July 16 — the day before our July livestream — and then…
Consumer prices rose 0.2% in July, in line with expectations
Inflation rose as expected in July, driven by higher housing-related costs, according to a Labor Department report Wednesday that is likely to keep an interest rate cut on the…
‘Pulling a Joe Biden’: Reactions to Japanese Prime Minister Fumio Kishida’s resignation
Japan's Prime Minister Fumio Kishida speaks to reporters following North Korea's missile launch on April 13, 2023.JIJI Press | AFP | Getty ImagesJapanese Prime Minister Fumio…
World’s largest sovereign wealth fund posts $138 billion in first-half profit as AI demand boosts tech
The Norges Bank, Norway's central bank, in Oslo, Norway, on Tuesday, Oct. 17, 2023.Bloomberg | Bloomberg | Getty ImagesNorway's massive sovereign wealth fund on Wednesday posted…
People leave New Zealand in record numbers as economy bites
Auckland, New Zealand.Scott E Barbour | The Image Bank | Getty ImagesPeople are leaving New Zealand in record numbers as unemployment rises, interest rates remain high and economic…
Japan Prime Minister Fumio Kishida will not run for party reelection, local media report
Japan's Prime Minister Fumio Kishida will not be running in the Liberal Democratic Party presidential election due next month, local news outlet Kyodo reported.Broadcaster NHK…
Wednesday’s big CPI inflation report could mark a change in thinking for the Fed
Product prices as seen at Walmart. Courtesy: WalmartThe news Tuesday was good for inflation, and investors hope it will get even better Wednesday when the Labor Department releases…
Stocks making the biggest moves midday: Starbucks, Chipotle, Home Depot, Tencent and more
Check out the companies making headlines in midday trading. Starbucks , Chipotle Mexican Grill — Starbucks stock shot up 21% after the coffee chain ousted CEO Laxman Narasimhan…
Ukraine wants more negotiating power as forces advance into Russia, humiliating Moscow
Ukrainian servicemen operate a Soviet-made T-72 tank in the Sumy region, near the border with Russia, on August 12, 2024, amid the Russian invasion of Ukraine. Roman Pilipey | Afp…
‘Record-breaking backlog’ leads to $1.1 billion in improper Social Security payments, report finds
zimmytws | iStock | Getty ImagesThe Social Security Administration faces a "record-breaking backlog" of open cases, leading to approximately $1.1 billion in projected improper…