One of Wall Street’s veteran economic forecasters is toning down his economic growth forecast. The Economic Cycle Research Institute’s Lakshman Achuthan told CNBC his leading indicators are pointing to a slowdown that’s picking up momentum — highlighting one particular trend in the latest unemployment rate chart that supports his case. …
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Daniel Acker | Bloomberg | Getty Images Charles Evans, president of the U.S. Federal Reserve Bank of Chicago. Chicago Federal Reserve President Charles Evans one of the Fed’s most dovish policymakers, said Saturday that he is optimistic inflation will reach the Fed’s 2 percent goal and that slow, gradual rate …
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Ina Fassbender | Reuters German police conducts a control at the German-Belgian border in Aachen, Germany, to check vehicles. Police in the western German city of Muenster say a vehicle has crashed into a crowd there, killing several people and injuring others. The German news agency dpa has quoted police …
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Google CEO Sundar Pichai, Saudi Crown Prince Mohammed bin Salman, and Google co-founder Sergey Brin. Pics or it didn’t happen. The Saudi Crown Prince Mohammed bin Salman met with a host of Silicon Valley executives this week, including Google co-founder Sergey Brin, Magic Leap CEO Rony Abovitz, and Virgin founder …
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Matt Cardy | Getty Images Conservative MP Boris Johnson speaks as he visits Bristol on May 14, 2016 in Bristol, England. The Russian embassy in London has sent a request for a meeting of its envoy, Alexander Yakovenko, with British foreign minister Boris Johnson to discuss the investigation of an …
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Thierry Monasse | Getty Images U Jobs, Growth, Investment and Competitiveness Commissioner Jyrki Katainen. Trade tensions between both the U.S. and Europe have calmed down in the last few weeks, a top European official told CNBC Saturday at the European House Ambrosetti Forum. U.S. President Donald Trump threatened in March …
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Getty Images Federal Reserve Board Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on Capitol Hill February 27, 2018 in Washington, DC. Federal Reserve Chair Jerome Powell opted against wading too far into the tariff battle during a speech Friday, though he …
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Joshua Roberts | Reuters Scott Pruitt, administrator of the Environmental Protection Agency (EPA), speaks to employees of the agency in Washington, February 21, 2017. White House Chief of Staff John Kelly urged President Donald Trump last week to remove Environmental Protection Agency Chief Scott Pruitt, the Wall Street Journal reported …
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The U.S. Securities and Exchange Commission obtained an emergency freeze of $27 million in trading profits involving the CEO of cryptocurrency company Longfin and three other people, the agency said in a statement Friday. Longfin’s stock was halted on the Nasdaq as of 10:01 a.m. ET on the SEC alert …
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Getty Images President Donald Trump waves to journalists after returning to the White House April 5, 2018 in Washington, DC. Evangelical Christian leaders are trying to arrange a meeting with President Donald Trump in June to air their concerns about allegations that he had extra-marital sex with adult film star …
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