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Blank stimulus checks are seen on an idle press at the Philadelphia Regional Financial Center, which disburses payments on behalf of federal agencies, in Philadelphia, Thursday, May 8, 2008. The first batch of rebate payments started hitting bank accounts last week through direct deposits. Treasury Secretary Henry Paulson, Vice President Dick Cheney and other Bush administration officials are visiting government check printing centers around the country on Thursday for events highlighting the fact that millions of rebate checks are in the mail.
News

Ten-year Treasury yield touches 5%, highest since before Great Recession

Zach Halaschak -
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Sen. Chuck Schumer of New York. (AP Photo/J. Scott Applewhite)
Finance and Economy

Housing market red alert: Mortgage rates hit 8%, highest since turn of century

Zach Halaschak -
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Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Thursday, Oct. 19, 2023, in New York.
Finance and Economy

Powell appears to rule out rate hike at next meeting, leaves door open to more later

Zach Halaschak -
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A sign noting a pending sale is shown in front of a home on Sunday, Aug. 20, 2023, in Concord, Massachusetts. On Thursday, Oct. 19, 2023, the National Association of Realtors reported sales of existing homes fell in September.
Business

Existing home sales fall to lowest level since 2010 as high mortgage rates freeze market

Zach Halaschak -
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Rent prices fall in September for the first time in six months
Business

Rent prices fall in September for the first time in six months

Zach Halaschak -
0
Consumer sentiment in October plunges to lowest level in months: ‘Concerns over inflation’
Economy

Consumer sentiment in October plunges to lowest level in months: ‘Concerns over inflation’

Zach Halaschak -
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Rising bond yields a blinking red light about the need to curb federal spending
Beltway Confidential

Rising bond yields a blinking red light about the need to curb federal spending

Tiana Lowe Doescher -
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Here are the parts of the country experiencing the most and least inflation
Finance and Economy

Here are the parts of the country experiencing the most and least inflation

Zach Halaschak -
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A shopper peruses cheese offerings at a Target store Wednesday, Oct. 4, 2023.
Finance and Economy

Higher shelter and energy prices propped up inflation at 3.7% in September

Zach Halaschak -
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FILE - In this July 1, 2013, file photo, bottles of Brooklyn Local 2 are loaded on to a conveyor for labeling, at the Brooklyn Brewery, in the Williamsburg section of the Brooklyn borough of New York. The Commerce Department reports on orders placed with U.S. factories in July on Thursday, Sept. 5, 2013. (AP Photo/Richard Drew, File)
Economy

Inflation rises to 2.2% in September in producer price index, driven by energy costs

Zach Halaschak -
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