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Reducing policy restraint too late or too little could unduly weaken economic activity and employment, Powell stated
22 percent of businesses planned to increase compensation in the next three months
In February, Bezos sold around $8.5 billion of his shares in Amazon after the stock surged by 80 percent in 2023
Renewable energy consumption in the U.S. exceeded coal for the first time in about 140 years
Trade impacted the U.S. GDP in the first quarter, restricting the economy to a 1.4 percent annual growth rate
U.S. stock market recorded significant gains this year as enthusiasm around AI surged
U.S. new home sales saw an 11.3 percent decline to 619,000 units last month, the lowest level since November 2023
Data reveals 4.8 percent decline in energy index and 0.1 percent decline in food prices
Exports saw a slight 0.8 percent increase to $263.7 billion with goods exports rising to $172.7 billion
Robyn Denholm recounts how Musk was instrumental in turning around Tesla’s fortunes
Employment remains a challenge with the index contracting for the fifth time in six months
Q1 GDP growth was a sharp slowdown from Q4 2023's 3.4 percent pace
Non-interest income of U.S. banks saw a 15.2 percent increase, up $10.3 billion
Consumers' 12-month inflation expectations rose to 5.4 percent from 5.3 percent in April
Priced starting at $1,000, the Copilot+ PCs will begin shipping on June 18
Agreements align with Aramco's ambition to achieve net zero Scope 1 and Scope 2 greenhouse gas emissions
Motor vehicle and parts output saw a 2 percent decline last month after increasing 2.8 percent in March
24 percent of Gen Z and 32 percent of Gen Y shoppers say they are 'very likely' to consider an EV
The projected inflation rate for 2024 has been revised upwards to 3.70 percent
Gasoline product supplied last week was 8.9 million bpd, up slightly from the previous week
Inflation remains the most important concern when operating a small business in the U.S.
Qatar, U.S. seek to enhance cooperation in the commercial, investment and industrial sectors
The company's latest model revolutionizes ChatGPT, offering unprecedented capabilities
The move seeks to empower vulnerable communities and individuals
