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First-quarter auto sales grew 5.1%, but the industry may have already hit its spring sales peak, top economist warns

New vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high…

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Best-selling psychologist and Nobel economist Daniel Kahneman dies at 90 : NPR

Daniel Kahneman, who received the Presidential Medal of Freedom in 2013, has died. He merged psychology and economics to help…

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The Goldman economist who predicted the financial crash and soft landing says AI will be good for the U.S. economy but will ‘destroy employment in some areas’

Goldman Sachs chief economist Jan Hatzius issued a bullish proclamation recently about AI’s effects on the U.S. economy. But Hatzius’s…

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Top economist says it will be years before housing market unfreezes

In late October 2023, existing-home sales plummeted to the lowest level since 2010, when the world economy, and particularly the…

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The US economy is going to fall into recession in the middle of 2024, Citi’s chief economist says

A recession is coming in 2024, according to Citi.Getty Images The US economy is headed for a recession in the…

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Housing affordability is the worst it’s been in decades. It will improve in 2024, but by only a ‘small step,’ Realtor.com chief economist says

Mortgage rates are expected to drop next year, but not enough to make sky-high housing costs more affordable for potential homebuyers…

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Rising unemployment is near a key tipping point popularized by a former Fed economist that has reliably predicted past recessions

The rise in unemployment to 3.9% last month means joblessness is close to triggering the so-called Sahm Rule, which has…

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Fed making a mistake, acting like a corporate board: Economist

The Federal Reserve decided not to raise interest rates at its November meeting. Dartmouth Professor of Economics Andrew Levin says…

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Economist survey: GDP growth of 4.3% in 3Q, fastest in nearly 2 years

The world’s largest economy probably expanded at the quickest pace in nearly two years during the third quarter on the…

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