Fed's Powell points to persistent labor market weakness as government shutdown delays official reports
Fed Chair Jerome Powell told economists that the sluggish labor market and tariff-induced inflation are persisting as government shutdown delays official employment reports.
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ETF race hits $1T at record speed
Money is flowing into ETFs so fast this year that the industry hit $1 trillion in October, months ahead of last year's pace, as gold, bonds and crypto lure investor dollars.
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US car prices reach new high as luxury vehicle, EV sales surge nationwide
New vehicle prices hit a record $50,000 average in September, marking a 3.6% year-over-year increase and the largest annual gain since spring 2023.
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