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Yellen downplays US recession as wave of economic data looms - Vimarsana News

Yellen downplays US recession as wave of economic data looms

Treasury Secretary Janet Yellen said the U.S. economy is slowing but pointed to healthy hiring as proof that it is not yet in recession.

Joe Biden Refuses to Take Blame for Inflation - Vimarsana News

Joe Biden Refuses to Take Blame for Inflation

The president emphasized low unemployment figures and the inflation rates seen in other countries in a new interview.

What Real Estate Layoffs Tell Us About The Housing Market - Vimarsana News

What Real Estate Layoffs Tell Us About The Housing Market

Existing home sales dropped by 2.4 percent in April, the lowest level in nearly two years, and the third straight monthly sales decline.

Inflation Is Forcing Americans To Skimp on Milk, Switch to Half Gallons - Vimarsana News

Inflation Is Forcing Americans To Skimp on Milk, Switch to Half Gallons

Milk is now over $5 per gallon in some U.S. cities, and the Bureau of Labor Statistics reports yearly prices went up 14.7% for all urban consumers in April.

Ringgit opens lower against greenback on positive US economic data - Vimarsana News

Ringgit opens lower against greenback on positive US economic data

KUALA LUMPUR: The ringgit extended its downtrend against the US dollar to open lower today as the greenback strengthened amidst positive US economic data, an analyst said.