The Fed is going to make inflation worse with rate-cut promises, former central banker says

Tech Insider : Economy
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Federal Reserve Board Chair Jerome Powell arrives to testify before the Senate Committee on Banking, Housing, and Urban Affairs on 'The Semiannual Monetary Policy Report to the Congress', at Capitol Hill in Washington on Tuesday, July 17, 2018.

AP/Jose Luis Magana

Runaway government debt could sink markets and slam the economy, 2 watchdogs warn

Tech Insider : Economy, Economy
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Interest payments are costing the government more.

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Trader Joe's bananas are no longer 19 cents

Tech Insider
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Some retailers price bananas low, hoping that the prices will lure shoppers into stores.

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Climate change and extreme heat will drive inflation higher, study says

Tech Insider : Economy
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Industrial factory chimney emitting smoke and gas pollution into the atmosphere.

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I tried the viral 6-to-1 grocery shopping method from TikTok. It's tricky for a family of 4 but has strong benefits.

Tech Insider : Economy

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The author at his local HEB.

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Elite investor Jeffrey Gundlach compares the AI boom in stocks to the dot-com bubble — and warns of economic pain

Tech Insider
Jeffrey Gundlach
DoubleLine Capital CEO Jeffrey Gundlach.

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Why childcare has become so unaffordable

Tech Insider

Childcare costs are skyrocketing, forcing families to move across the US. But there may be a light at the end of the tunnel.

The Fed has 'itchy fingers' and should not be in a rush to cut interest rates, Larry Summers says

Tech Insider : Economy
A photo of Larry Summers
Larry Summers said he was "disillusioned and alienated."

Tom Williams/CQ-Roll Call, Inc via Getty Images

The Fed should wait 'a couple years' before cutting rates as inflation is too sticky, top economist says

Tech Insider : Economy, Economy
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Mohamed El-Erian

REUTERS/Fred Prouser

The Fed holds interest rates steady in its 2nd decision of the year — with cuts still expected later in 2024

Tech Insider : Economy, Economy
Fed Chair Jerome Powell
Federal Reserve Chair Jerome Powell.

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