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U.S. Economic Growth Accelerates
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher rates. Source link
The Economy Has Defied Expectations. Here’s What to Focus On in the GDP Data.
What to Read Next Source link
Federal Reserve Raises Interest Rates to 22-Year High
Officials have slowed the pace of increases this year but aren’t sure they have fully tackled inflation. Source link
China's Soaring Youth Unemployment Threatens Xi's Economic Vision
The nation needs workers, but college graduates shun low-skill work. Many have opted out of the job market and are ‘lying flat.’ Source link
The Luxury Home Market Confronts Its New Reality: Not Enough Buyers and Sellers
Listen to article (2 minutes) When Joan Dangerfield, wife of the late comedian Rodney Dangerfield, first walked into her Los Angeles home in the early
Indiana, Midwest Take Top Slots in WSJ/Realtor.com Housing Index
Lafayette, Ind., retained the top spot in the emerging home markets index for a third consecutive quarter. Source link
Fed Set to Raise Rates to 22-Year High. Here’s What to Focus On.
What to Read Next Source link
Home Prices Fell Year-Over-Year in May
Home prices fell from a year earlier in May for the second straight month, as elevated mortgage rates and high prices sidelined buyers. Source link
Stock Market Shrugs Off Recession Signals as Rally Builds
The S&P 500 is trading near its highest level since April 2022 as hopes grow for a soft economic landing. Source link
Why the Fed Isn't Ready to Declare Victory on Inflation
Officials remain concerned about whether wages and price growth can slow enough without an economic downturn. Source link