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According to a new study co-authored by Larry Summers, large banks are no safer today than they were before the financial crisis. (David Paul Morris/Bloomberg)
Economy

Larry Summers predicts 70% chance recession begins this year

Ryan King -
0
Metro Detroit inflation spike second highest in nation

Metro Detroit inflation spike second highest in nation

Washington Examiner -
0
White House hails falling inflation as PPI reaches 2.7%
Economy

White House hails falling inflation as PPI reaches 2.7%

Haisten Willis -
0
White House press secretary Karine Jean-Pierre speaks during a press briefing at the White House, Thursday, April 6, 2023, in Washington.
News

White House pushes back on Fed staff’s recession prediction

Zach Halaschak -
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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)
News

Inflation plummets to 2.7% in March in producer price index

Zach Halaschak -
0
FILE - In this Friday, July 12, 2013, file photo, shoppers peruse the aisles at a Wal-Mart in Bristol, Pa. Americans increased their spending at an annual rate of just 1.8 percent in the April-June quarter, down from a 2.3 percent rate in the January-March period. Consumer spending is expected to improve in the second half of the year. But most economists foresee only a slight acceleration to an annual rate of 2 percent to 2.5 percent. (AP Photo/Matt Rourke, File)
Business

Why the drop in March inflation isn’t quite the ‘progress’ touted by Biden

Joseph Lawler -
0
Will Biden’s foreign policy undo all the Federal Reserve’s progress on disinflation?
Beltway Confidential

Will Biden’s foreign policy undo all the Federal Reserve’s progress on disinflation?

Tiana Lowe Doescher -
0
Federal Reserve Chairman Jerome Powell speaks during a news conference at the Federal Reserve Board building in Washington, Wednesday, July 27, 2022.
Business

Fed staff predicts recession this year

Zach Halaschak -
0
Biden celebrates as inflation falls to 5% in March
Economy

Biden celebrates as inflation falls to 5% in March

Haisten Willis -
0
Inflation dropped to 5% in year ending in March, lowest since spring 2021
Economy

Inflation dropped to 5% in year ending in March, lowest since spring 2021

Joseph Lawler -
0
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