WASHINGTON, Feb 25 (Reuters) – U.S. consumer confidence experienced its sharpest decline in 3-1/2 years in February, while 12-month inflation expectations surged, signaling growing anxiety among Americans about […]
Economy
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US consumer confidence plummets in February, biggest monthly decline since 2021
WASHINGTON — U.S. consumer confidence experienced a sharp decline in February, marking the largest monthly drop in over four years, according to a report by a business research […]
Economy
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The Billionaires Benefitting From H-1B Visas
A handful of immigrant billionaires got their start in the U.S. with the help of a visa designed to lure highly skilled talent. Now, some of the nation’s […]
Economy
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February consumer confidence posts biggest drop since 2021 in latest sign of slowing economy
Consumer confidence in the U.S. experienced a significant decline in February, reflecting growing concerns about a slowing economy and rising inflation, according to the Conference Board. The Consumer […]
Economy
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Mass Layoffs in US Government and Their Economic Impact
Mass layoffs of federal workers could have significant impacts on families and local economies, although the overall economy may remain largely unaffected. According to reports from Reuters, CNN, […]
Economy
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Mass layoffs of federal workers could damage families and local economies — but may not dent the overall economy
Elon Musk’s Department of Government Efficiency (DOGE) is leading a significant reduction in the federal government’s civilian workforce, which totals 3.02 million employees. Economists suggest that while these […]
Economy
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Home Depot earnings beat Wall Street estimates, as retailer breaks comparable sales losing streak
Home Depot reported better-than-expected quarterly earnings on Tuesday, despite challenges posed by high interest rates and housing prices that have dampened consumer demand for large home improvement projects. […]
Economy
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DOGE Layoffs Pose ‘Growing’ Risk To U.S. Economy And Markets, Says Apollo Economist
The layoffs initiated by Elon Musk’s Department of Government Efficiency (DOGE) are anticipated to be larger than expected, according to a leading economist. These layoffs pose increasing risks […]
Economy
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Price cap: Energy bills to rise by more than expected in April
Energy prices in England, Wales, and Scotland are set to increase by 6.4% in April under Ofgem’s new price cap, adding financial pressure on households. This rise translates […]
Economy
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Asian shares slide on US curbs on China, euro gives up gains
SYDNEY, Feb 25 (Reuters) – Asian shares experienced a decline on Tuesday due to concerns over U.S. investment restrictions on China. The rise in the euro also faded […]