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recession

Former Fed economist Stephen Roach sheds light on recession concerns

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Stephen Roach, Senior Fellow at Yale University's Jackson School of Global Affairs, appeared on CNBC's "Fast Money" where he said the U.S. needs a "miracle" to...
Fed

Fed raises interest rates by half a percentage point, aims to...

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On Wednesday, May 4, the Federal Reserve announced another target interest rate hike intending to quell inflation wreaking havoc American economy. The Fed's target...

Fed approved first interest rate hike in three years, signals more...

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On Wednesday, the Federal Reserve announced that the target interest rate for federal funds is being increased by a quarter of a percentage point....
auto

A mixed bag in the latest Cox Automotive Weekly Summary

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Cox Automotive released its weekly summary Monday, which included updates on sales and prices across the auto market, the Fed’s potential plans, home sales...
Karl Brauer

Auto Industry Hits Some Headwinds in February with 2.8% Decrease in...

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Top auto industry analysts have cited rising interest rates, import tariff costs, and cold weather as some of the reasons for February’s slow down...