Price
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News
Stagflation or Soft Landing? It Depends Who You Ask.
Let me start with a picture, which will help frame the debate I’m about to describe. Here’s official consumer price…
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News
The Fierce Debate Over Managing Oil Prices
During President Barack Obama’s eight years in office, the Strategic Petroleum Reserve shrank by about nine million barrels. Under President…
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Finance
A Key Measure of Wages Showed Moderation at the End of 2022
The Employment Cost Index, which Federal Reserve officials watch closely as a gauge of pay trends, is picking up more…
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Finance
N.Y.S.E. Glitch Leads to Wild Swings in Share Prices
Prices eventually returned to normal levels, but the turmoil left some traders uncertain of whether their orders were placed.
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News
Wonking Out: Give Me That Gold Time Religion
Jamie Dimon, the chief executive of JPMorgan Chase, recently had a few things to say about cryptocurrency. Bitcoin, he declared,…
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Finance
As Fed Nears Next Rate Decision, Its Vice Chair Cites Reasons for Hope
Lael Brainard, the vice chair of the Federal Reserve, emphasized that non-wage causes have driven inflation in a sweeping speech.
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Finance
Procter & Gamble Sales Fall for First Time in Years as Inflation Squeezes Shoppers
The consumer goods giant, which makes Tide detergent and Charmin toilet paper, raised prices 10 percent last quarter, but a…
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Health
California Joins Other States in Suing Companies Over Insulin Prices
The state is taking action against three major drug companies and the big pharmacy benefit managers in an effort to…
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Finance
Inflation Is Slowing, Good News for American Consumers and the Fed
Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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Finance
The Week in Business: Slowing Job Growth
Credit...Giulio BonaseraWhat’s Up? (Jan. 1-7) A Cooling Jobs Market After many consecutive months of jobs reports showing strong gains, new…