China Hits Japan With Economic Shockwave
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“While challenging in the short term, even the longest shutdowns rarely alter long-term economic trends, and GDP (gross domestic product) impact is usually temporary,” said Clint Dishman, senior vice president and director of strategic investment advisors at BOK Financial.
President calls for unified federal AI standards, as House Republicans signal support for blocking state rules and protections.
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AOC warns we may be in a 'massive' AI bubble with '2008-style threats to economic stability'
Ocasio-Cortez said we may be in a "massive" AI bubble and "we should not entertain a bailout of these corporations" if it pops.
A growing number of Fed officials have been warning that inflation remains “too high” and could derail progress toward the central bank’s 2% goal. And the government shutdown means the Fed will be operating in a “data fog,” missing crucial leading economic indicators and forced to rely on private surveys and other data.
Chairman and CEO David Solomon said on Wednesday he disagrees with Federal Reserve Governor Michael Barr's view, expressed on Tuesday, that "growing pressures to weaken ((bank)) supervision" are creating "real dangers to the American people.
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WA residents paying nearly $1,000 more due to Trump economic policies, DNC says
The Democratic National Committee shared a new report showing effects of inflation under President Donald Trump from February to September.
Nationally, people are paying $706 more this year under Trump for the same items than in 2024, a Joint Economic Committee Minority report says.
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Lowe's beats on quarterly sales, but lowers full-year profit forecast amid economic uncertainty
Rival Home Depot, which reported a day earlier, also lowered its full-year profit outlook and referred to a tough housing market and consumer uncertainty.
Richmond Federal Reserve President Thomas Barkin said on Tuesday he hopes coming data and ongoing community interviews will help clarify where the economy is heading, with U.S. central bank policymakers still facing tension between their inflation and employment goals and divided about the direction of monetary policy.
The study released Tuesday identifies financial resources as the critical gap in improving state health metrics compared to national benchmarks.
The most resilient opportunities lie in companies that solve Earth-first problems with space-ready technologies.
Kevin Hassett said that AI could be causing the the recent softness in the job market as growing productivity lowers the demand for more headcount.