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A trio of economists have come up with a new way to evaluate the health of an economy
GDP has declined for a second quarter in a row - a common definition of a recession. But a group of economists are asking, why rely on that single number to determine the health of the economy?
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The unemployment rate fell to 3.5%, matching its lowest level in the last 50 years
U.S. employers added more than half a million jobs in July: more than twice as many as forecasters had expected. The unemployment rate fell to just 3.5%, matching the level before the COVID pandemic.
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Good News on Jobs May Mean Bad News Later as Hiring Spree Defies Fed
Employers hired rapidly and paid more in July, suggesting the Federal Reserve may have to remain aggressive in its effort to cool the economy.
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Republicans Say Economy Is In Recession After It Added Half A Million Jobs In July
There are different ways of evaluating whether the economy is good or bad without making up new definitions of recession.
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Snoop Dogg's "next episode"? The breakfast business. The rapper, actor and entrepreneur is launching a new cereal called "Snoop Loopz." The whole-grain cereal looks similar to... Read more ...
Home sales down, price reductions up as Bay Area housing market cools
Overall, home sales are down 38% from last year. Read more ...
A man who held up a bank demanding his own money becomes an unlikely hero
Many in Lebanon can't access their life savings because of the economic crisis. A hostage-taker in Beirut surrendered in exchange for some of his funds, which he needed for his... Read more ...
EU electricity costs double
Day-ahead prices in Germany set a new record on Tuesday Power prices across the EU jumped to a fresh record high on Tuesday, as natural gas costs climbed further on falling... Read more ...
MultiVersus launches Season One with Black Adam and Stripe
Player First and Warner Bros have rolled out Season 1 to MultiVersus, and have announced new fighters Black Adam and Stripe from Gremlins. Read more ...
Here are the 20 best states to live in the U.S
CHICAGO - The Land of Lincoln is one of the 20 best states to live in the country, despite finishing last for overall economy. WalletHub ranks Illinois 15th on its list of... Read more ...
Cost of keeping Britons out of energy poverty revealed
An additional £12 billion will be required to help households cope with the cost-of-living crisis, financial think tank IFS says The UK government will need to spend a further... Read more ...
AP-NORC poll: Slim US majority worry about climate
After two years buckling under a coronavirus pandemic and now facing stiff economic headwinds. It's no wonder worries over climate change have dropped down the list of things... Read more ...
2022 FedEx Cup Playoffs: Standings, schedule, golf format, prize money...
Playoff golf is here again, as everyone is positioning themselves for the $15 million grand prize at the end Read more ...
India's ‘Warren Buffett' dies
Rakesh Jhunjhunwala had reportedly been dealing with health issues for a while Billionaire Indian business magnate, prominent stock trader, investor, and TV celebrity Rakesh... Read more ...