Businesses bringing back recession specials could be the latest sign of deteriorating
A sign outside Brooklyn coffee shop Clever Blend offers a $6 gelato and espresso “recession special.” Lisa Kailai Han |
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Economy
Chocolate lovers, brace yourselves: Prices are rising, but not forever
Dubai pistachio kunafa chocolate bars are displayed in Maple, Ontario, Canada, on May 11, 2025. Nurphoto | Nurphoto | Getty
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Modi gives tax boon to India’s economy amid Trump tariff tensions
Narendra Modi, India’s prime minister, during the nation’s Independence Day ceremony at Red Fort in New Delhi, India, on Friday,
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Potential Fed chair pick David Zervos of Jefferies backs aggressive interest rate cuts
Wall Street veteran David Zervos added his name Thursday to the list of potential Federal Reserve chairs who think the
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Wholesale prices rose 0.9% in July, much more than expected
Wholesale prices rose far more than expected in July, providing a potential sign that inflation is still a threat to
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Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut
Economist Marc Sumerlin, one of nearly a dozen reported contenders for Federal Reserve chair, said Thursday he’d be interested in
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As Trump berates Goldman, other economists agree that higher tariff inflation is coming
People shop for pet supplies at a pet retail store in New York City, Aug. 12, 2025. Spencer Platt |
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Goldman stands by call that consumers will bear the brunt of tariffs after Trump blasts
In the face of blistering criticism from President Donald Trump, Goldman Sachs economist David Mericle on Wednesday stood by a
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Fed board contenders Miran, Bullard say Trump’s tariffs are not causing inflation
Marlo Ramirez carries slabs of beef to be prepared for a customer in a grocery store on July 22, 2025
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Consumer prices rise 2.7% annually in July, less than expected amid tariff worries
A widely followed measure of inflation accelerated slightly less than expected in July on an annual basis as President Donald
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