The U.S. economy grew 2.4% in the second quarter. Recession fears still loom amid high interest rates and inflation, though they’ve eased recently.
Author: Paul Davidson, USA TODAY
AI, automation couild kill your job sooner than thought. How COVID sped things up.
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FedNow instant payment service goes live, allowing money transfers in real time, 24/7. But adoption by banks, consumers, businesses will take time
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With inflation finally falling sharply, the Fed’s aggressive interest rate hikes shouldn’t get the credit, some economists say.
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As recession threatens, Supreme Court student loan forgiveness ruling may hurt the economy
The Supreme Court’s ruling Friday striking down Biden’s plan to forgive about $400 billion in student loans is likely to hurt a weakening economy.
Bidenomics? President tells Americans why his policies are good for their pocketbooks
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The Fed raises interest rates to help curtail inflation. Here’s how that works.
Fed has raised interest rates at fastest pace in decades to make it costlier for consumers, businesses to borrow. Less demand should curb inflation.
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