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President Joe Biden said Friday’s jobs report shows the labor market remains resilient as inflation continues to ease, an economic “sweet spot” that he said shouldn’t prompt the Federal Reserve to raise rates further. The comments marked…

Agreements that Disney made with the governing district for Walt Disney World before it was taken over by appointees of Florida Gov. Ron DeSantis weren’t legally valid, and the company’s counterclaims against the district should be…

While inflation was the primary investors’ concern six months ago, the fear of a looming recession has now taken the spotlight. Interestingly, this shift has not dampened investor confidence. Rather, it has grown, with 78% of respondents…

By Ann Saphir(Reuters) - It's a now-familiar dance: Federal Reserve officials signal to the world that interest rates are not dropping anytime soon. Financial markets respond with bets to the contrary.That dynamic, which has played out…

Breadcrumb Trail Links PMN Business The world’s biggest banks aren’t telling stakeholders what they need to know to judge how big the industry’s carbon footprint is, according to a fresh study. Author of the article:…

The housing market is stuck thanks to high prices, high mortgage rates, and low inventory.UCG / Getty ContributorLow inventory, high mortgage rates, and high prices have created a difficult housing market.Homeowners have seen equity climb,…

When Dr. George Theocharides assumed his role as Chairman of CySEC in September 2021, he adorned his office with a captivating painting by the Cypriot artist, Marina Olympios. The artwork's colors, injecting life into the otherwise austere…

breadcrumb links PMN Business A heat dome in Texas showed the vulnerability of imprisoned individuals to heat waves. In a warming world, this is becoming an increasingly deadly problem. Article author: Bloomberg…

An earnings recession is still to come, and it will be worse than anyone thinks, Morgan Stanley said in a new note to clients.The company expects a "meaningful" slump in earnings this year, with profits falling 16% by the end of the year…