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appointment

U.S. added 428,000 jobs in April despite surging inflation

As the Fed's rate hikes take effect, they will make it increasingly expensive to spend and hire

Business chart with rising arrow and falling arrow

U.S. economy shrank by 1.4% in Q1 but consumers kept spending

Most economists expect a rebound this quarter as solid hiring and wage gains sustain growth

Closeup of woman holding shopiing bags on the street with copy space

U.S. consumers still confident in April, but slightly less so

Inflation and the war in Ukraine may curb consumer spending this year

Wooden blocks with percentage sign and arrow up, financial growth, interest rate increase, inflation concept

U.S. inflation jumped 8.5% in past year, highest since 1981

Financial markets now foresee much steeper rate hikes than Fed officials signaled as recently as last month

Bitcoin in the hands of a child. The boy holds a metal coin of crypto currency in his hands.

Yellen calls for crypto regulation to reduce risks, fraud

In a speech on Thursday, the U.S. Treasury Secretary also advocated for maintaining the dollar's prominence

Maintaining Profits economic growth chart businessmen illustration

U.S. added 431,000 jobs in March in sign of economic health

Unemployment dropped to its lowest rate since the pandemic erupted

Closeup of woman holding shopiing bags on the street with copy space

U.S. consumers still confident, but outlook not as rosy

Higher prices and the war in Ukraine contributed to a decline in the six-month outlook

  • By: Matt Ott
  • March 29, 2022 March 29, 2022
  • 14:10
white house in washington dc

Biden’s budget plan includes 20% minimum tax on households worth $100 million or more

New tax on the ultra wealthy would include ``unrealized gains''

  • By: Josh Boak
  • March 28, 2022 March 28, 2022
  • 13:22
Inflation, growth of food sales, growth of market basket or consumer price index concept. Shopping basket with foods on arrow.

U.S. inflation jumped 7.9% in past year — a 40-year high

Surging costs for gas, food and housing propelled the increase

Close up of businessman hands making handshake - greeting, dealing, merger and acquisition concepts

TD buying U.S. bank First Horizon for US$13.4 billion

Scotiabank also said Monday it's increasing its stake in its Chilean unit in a $1.3-billion deal