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Inflation rates have cooled to 3.7% from record 9% levels recorded last year, thanks to the Federal Reserve's aggressive interest rate hikes over the past year. However, the median consumer price index still lies significantly above the Fed's target 2% rate, implying further rate hikes down the road. Given the precarious economic scenario, the Fed has temporarily paused rate hikes over the past couple of months, as the Federal Open Market Committee left rates unchanged since July of this year. T

Output in Germany fell in the third quarter, increasing the risk of a recession in Europe’s biggest economy.

Output in Germany fell in the third quarter, increasing the risk of a recession in Europe’s biggest economy.

The average house in Wales sold for £239k in the third quarter, down £10k from the end of 2022.

IQIYI, Inc. (NASDAQ:IQ) Q2 2023 Earnings Call Transcript August 22, 2023 Operator: Thank you for standing by and welcome to the iQIYI Second Quarter 2023 Earnings Conference Call. All participants are in a listen-only mode. There will be a presentation followed by a question-and-answer session. [Operator Instructions] I would now like to hand the conference […]