Nasdaq Logs Worst Weekly Performance Since 2022 Israel s strike on Iran spooked markets before the open.
Fed s Goolsbee says progress on inflation has stalled, makes sense to wait on.
Fitch Downgrades U.S. Credit Rating The agency said that the downgrade reflects an erosion of governance. The rating on the U.S. now stands at AA+, or one notch below the top AAA grade.
.
U.S. Employers Give Gift to Fed: Easing Demand for Workers By James Christie Good day. Demand for workers in the U.S. slipped slightly in June to the lowest level in more than two years,.
Imagine that you bought a nice coat that would last the rest of your life. You add a one-time purchase to GDP. But imagine that the quality was so bad that you needed to buy a new coat every year. Voila…now you’re giving a boost to GDP every year.