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Gen Z and young millennials are finding new ways to sniff out a recession beyond tightening grocery budgets and falling stocks with the #RecessionIndicator social media trend. From empty bars to ...
The core measure, which excludes food and energy, rose by 0.4% in February, picking up pace for the fourth straight month. It was the highest reading in a year. From the same period a year ago ...
The labor market is softening The U.S. economy added 151,000 jobs in February, marking the 50th consecutive month of job growth.
Back in 2019, Powell noted the economy showed some signs of weakening and, with inflation running below the Fed's 2% target, the central bank cut rates three times to stave off a further slowdown.