Dollar Tree, the parent company of Family Dollar, announced its plans to close 970 Family Dollar stores—600 in the first half of 2024, and an additional 370 in subsequent years,…
inflation
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A recent poll conducted by ABC News and the Washington Post, released on Sunday, indicates that in a potential 2024 rematch, President Trump is leading Joe Biden among registered voters,…
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Energy prices fell in March, while other expenses rose, continuing to pinch People’s wallets. The consumer price index, which includes fuel, groceries, and rentals, climbed 0.1% in March, down from…
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On Tuesday, Bank of America CEO Brian Moynihan predicted that the United States economy will enter a mild recession later this year, mostly due to the resilience of the consumer…
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According to a report that bank strategist Jill Carey Hall published on Tuesday, Bank of America customers dumped around $2.3 billion worth of U.S. stocks during the last week. Data…
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Ben Emmrich, co-founder and CEO of Tusk Logistics, wants package transportation costs to fluctuate with supply and demand. “It’s absurd that our industry hasn’t been able to get there yet…
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This week saw a higher-than-expected increase in Individuals requesting unemployment benefits, indicating that the job market is starting to loosen up in response to rising borrowing rates. According to data…
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The number of job opportunities in the United States fell in February to its lowest level in over two years, which is a hint that the Federal Reserve’s relentless effort…
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According to a significant Federal Reserve Bank of New York study published Monday, Americans are worried about a credit crisis after a string of bank failures and expect more inflation…
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Money
HSBC Warns of a Protracted Period of Dollar Depreciation Due to the Slowing US Economy and the End of Fed Rate Hikes.
HSBC Global Private Banking predicts the US dollar will weaken; investors should get ready. A slowing US economy and the Federal Reserve’s plan to stop raising interest rates by mid-2023 are…