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The Latest Breaking News from Joe Brusuelas

Oil markets are bracing for $100 barrels and a redux of a 1970s-era crisis but 'three times the scale,' analyst warns

U.S. gas prices rose 40% as a result of the 1973 oil shock, and prices at the pump are threatening to increase again as a result of the U.S. and Israeli strike on Iran.

The year the U.S. economy bent but didn't break

Beneath buoyant growth in GDP and asset prices are serious worries: a soft job market and elevated inflation among them.

''A deadly confluence of wrong way news' is what's causing the global market selloff, says top economist, and don't expect it to get better anytime soon

''A deadly confluence of wrong way news' is what's causing the global market selloff, says top economist, and don't expect it to get better anytime soon

Hopes for an interest rate cut from the Fed are fading despite a global slowdown and a spike in the VIX.

From analysis to the latest developments in health,
read the most diverse news in one place.

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600 Paramount Skydance employees quit instead of returning to the office, and it cost the company $185 million, filings show

CEO David Ellison offered workers an ultimatum in September: Come back to work or find a new job.

Welcome to the era of 'low-hire, more-fire,' warns top economist—the days of talent hoarding are over

"As the focus among businesses now turns to efficiencies and increasing productivity, we expect layoffs to increase, causing unemployment to rise."

The Fed doesn't actually have a 'dual' mandate—there's a third part it rarely mentions, and economists want it to stay that way

Some experts told Fortune that they had forgotten entirely about the long-term interest rate rule.

Fed meeting hints at new future of the central bank

The dissent at the Federal Reserve this week shows its future does not look like its past.

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FTSE set for another dismal day after Asian stocks rout sees Hang Seng suffer biggest fall since 2008

FTSE set for another dismal day after Asian stocks rout sees Hang Seng suffer biggest fall since 2008

The first wave of retaliatory tariffs means global markets remain in turmoil

The Independent UK

Trump’s inheriting a solid economy, making it harder to lower borrowing costs or inflation

Trump’s inheriting a solid economy, making it harder to lower borrowing costs or inflation

President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep

The Independent UK

Threat of US credit downgrade looms over debt ceiling talks

Threat of US credit downgrade looms over debt ceiling talks

With one of three major rating agencies warning that America’s AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the nation’s debt limit

The Independent UK

It’s not the COVID economy — it’s just the economy now

It’s not the COVID economy — it’s just the economy now

The pandemic shocks have reshaped the very fabric of the economy.

Drop in US GDP challenges Biden's pitch to voters

Drop in US GDP challenges Biden's pitch to voters

The latest report on gross domestic product is complicating President Joe Biden’s pitch that the U.S. economy is strong

The Independent UK

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