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Specialist Gregg Maloney works at his post on the floor of the New York Stock Exchange on Wednesday. Stocks are extending their slump on Wall Street, led by drops in big technology companies, as rising bond yields draw investors out of stocks.
Business

Here are the signs the US is in recession — and the indicators that it’s not

Zach Halaschak -
0
Federal Reserve Board Chairman Jerome Powell chairs an open meeting in Washington.
Beltway Confidential

The Fed rightly ignored investors’ desire to ease up on inflation

Tiana Lowe Doescher -
0
A sale sign stands outside a home in Wyndmoor, Pa., Wednesday, June 22, 2022. Existing home sales plunged in July as fears of a recession grow.

Existing home sales plunge to lowest level in more than two years

Zach Halaschak -
0
Jobless claims near highest in months as recession fears mount
News

Jobless claims near highest in months as recession fears mount

Zach Halaschak -
0
Housing starts plunge 9.6%, raising recession fears
Business

Housing starts plunge 9.6%, raising recession fears

Zach Halaschak -
0
Albert Delarosa stocks shelves with Coca-Cola products at the IGA supermarket in the Port Richmond neighborhood of Philadelphia.
Business

Newest reports show inflation may have peaked, but high prices likely to stick

Zach Halaschak -
0
Homeless people camping in downtown in Los Angeles.
Business

Nevertheless, inflation persisted

Zach Halaschak -
0
FILE-In this Wednesday, May 9, 2012, file photo, David Lee holds on to his carts while shopping at a Costco Wholesale in Portland, Ore. A steep drop in gasoline costs drove down a measure of U.S. wholesale prices in May by the most since July 2009. But outside the food and energy categories, prices increased moderately. (AP Photo/Rick Bowmer, File)
Business

Inflation falls to 9.8% in producer index for July in hint of peak

Zach Halaschak -
0
Jobless claims highest in eight months amid recession fears
Business

Jobless claims highest in eight months amid recession fears

Zach Halaschak -
0
Crumbling gas demand fails to curb persistent July inflation
Beltway Confidential

Crumbling gas demand fails to curb persistent July inflation

Tiana Lowe Doescher -
0
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