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U S GDP growth cools markedly in Q1, to its slowest pace in two years

U S GDP growth cools markedly in Q1, to its slowest pace in two years
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David russellJoseph brusuelasJerome powellDamian mcintyreUs department of commerceCommerce departmentFederal reserveEconomist joseph brusuelasFederate hermesMarket strategy

California returns to job growth in March, but unemployment rate remains highest in nation

For the second month in a row, California posted the highest unemployment figure in the country. And it was one of only two states with a jobless rate above 5%.

Central valleyUnited statesLos angeles countyOrange countyLos angelesJoseph brusuelasLos angeles timesBureau of labor statisticsFederal reserveEmployment development departmentGreat recessionBay areaJobless rateUnemployment rateEmployment development departmentJob growth

Despite lagging performance, state expected to avoid recession

For the second month in a row, California posted the highest unemployment figure in the country. And it was one of only two states with a jobless rate above 5%.

United statesLos angeles countyOrange countyCentral valleyJoseph brusuelasLos angelesEmployment development departmentFederal reserveBureau of labor statisticsGreat recessionBay area

IMF chief quotes Churchill as she warns of global chaos

The head of the International Monetary Fund has urged countries to cut debt and slash red tape to revive growth as she warned the world was becoming more vulnerable to economic shocks.

New yorkUnited statesUnited kingdomTel avivWest hamWorld bankDistrict of columbiaHong kongCzech republicNew york stock exchangeSaudi arabiaT ai peiCity ofCity of londonUnited arab emiratesNick wilkinson

March s Blowout Jobs Numbers Underscore American Exceptionalism : 5 Economists Analyze 2024 Rate Cut Implications - Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF), SPDR S&P 500 (ARCA:SPY), iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

US labor market beats expectations with 303,000 jobs added in March, sparking debate on potential Fed rate cuts and stock market impact.

United statesJoseph brusuelasJeffrey roachChris zaccarelliRob swankeQuincy krosbyInvesco db us dollar index bullish fundAdvisor allianceEuropean central bankFederal reserveCommonwealth financial networkMarket heats up in marchDampen june rate cutChief economistIndependent advisor allianceStocks and dollar gained