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75 Results found for chief economist

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Deficit spending leads to higher costs for nearly everything.
Deficit spending leads to higher costs for nearly everything.
 
U.S. companies slowed hiring last month far more than economists predicted, according to data released in the ADP National Employment Report on Wednesday.
U.S. companies slowed hiring last month far more than economists predicted, according to data released in the ADP National Employment Report on Wednesday.
 
Biden did nothing to reduce inflation; that was done by the Federal Reserve
Biden did nothing to reduce inflation; that was done by the Federal Reserve
 
After COVID came and mostly went, suddenly, prices began to rise. The cost of nearly everything soared, especially eggs, a dozen of which eventually cost more than a pound of beef.
After COVID came and mostly went, suddenly, prices began to rise. The cost of nearly everything soared, especially eggs, a dozen of which eventually cost more than a pound of beef.
 
Elon Musk said on Sunday that he spent his only meeting with President Barack Obama warning about the dangers of artificial intelligence and encouraging regulation of the technology.
Elon Musk said on Sunday that he spent his only meeting with President Barack Obama warning about the dangers of artificial intelligence and encouraging regulation of the technology.
 
Amazon announced the forthcoming availability of multiple artificial intelligence products, throttling the company into competition with other major technology firms which recently unveiled similar solutions for consumers.
Amazon announced the forthcoming availability of multiple artificial intelligence products, throttling the company into competition with other major technology firms which recently unveiled similar solutions for consumers.
 
Economists at the Federal Reserve predicted that a mild recession would hit the United States in the second half of 2023.
Economists at the Federal Reserve predicted that a mild recession would hit the United States in the second half of 2023.
 
Artificial intelligence could replace as much as 7% of jobs in the United States, especially among white-collar professions, according to a report published this week by Goldman Sachs.
Artificial intelligence could replace as much as 7% of jobs in the United States, especially among white-collar professions, according to a report published this week by Goldman Sachs.
 
Cold weather to blame for rationing of fresh fruits and vegetables
 
North Carolina revenue forecasts have surpassed $33 billion annually, and the state will have roughly $3.25 billion in excess for Fiscal Year 2022-23, or 10.7% more than had been previously budgeted.
North Carolina revenue forecasts have surpassed $33 billion annually, and the state will have roughly $3.25 billion in excess for Fiscal Year 2022-23, or 10.7% more than had been previously budgeted.
 
Despite happy talk from the Biden administration, the country remains economically weak
 
Small businesses, like Captain Stanley’s Seafood Restaurant in Raleigh, are vital to the U.S. economy. So much so they are called the “backbone of America.”
Small businesses, like Captain Stanley’s Seafood Restaurant in Raleigh, are vital to the U.S. economy. So much so they are called the “backbone of America.”
 
Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate, marking a slowdown from previous 0.75% and 0.5% rate hikes meant to combat inflation.
Officials at the Federal Reserve announced a 0.25% increase in the target federal funds rate, marking a slowdown from previous 0.75% and 0.5% rate hikes meant to combat inflation.
 
The American economy grew at a 2.9% annualized rate in the fourth quarter of 2022, slightly surpassing expectations even as recessionary concerns loom.
The American economy grew at a 2.9% annualized rate in the fourth quarter of 2022, slightly surpassing expectations even as recessionary concerns loom.
 
JPMorgan Chase CEO Jamie Dimon warned about the national debt, expressing concern that the federal government’s obligations will eventually create a financial meltdown even as markets exhibit apathy toward the problem in the near term.
JPMorgan Chase CEO Jamie Dimon warned about the national debt, expressing concern that the federal government’s obligations will eventually create a financial meltdown even as markets exhibit apathy toward the problem in the near term.
 
Record spending during the holiday season coincided with many American households making expenditures using record amounts of debt.
Record spending during the holiday season coincided with many American households making expenditures using record amounts of debt.
 
Various polls show that economists generally expect a recession this year, although there is no consensus among leading analysts.
Various polls show that economists generally expect a recession this year, although there is no consensus among leading analysts.
 
Eleven major metropolitan areas in the United States saw median rental rates decline last month, according to an analysis from real estate brokerage Redfin, as economic headwinds and inflationary pressures discourage renters from moving.
Eleven major metropolitan areas in the United States saw median rental rates decline last month, according to an analysis from real estate brokerage Redfin, as economic headwinds and inflationary pressures discourage renters from moving.
 
Americans expected to pay more for Thanksgiving turkey this year than ever before, but residents of some states are experiencing far higher prices than their counterparts in others as inflation continues to impact the economy.
Americans expected to pay more for Thanksgiving turkey this year than ever before, but residents of some states are experiencing far higher prices than their counterparts in others as inflation continues to impact the economy.
 
Americans currently recovering from the most expensive turkey comas in recent memory must now prepare for complications in Christmas tree markets that will lead to higher prices.
Americans currently recovering from the most expensive turkey comas in recent memory must now prepare for complications in Christmas tree markets that will lead to higher prices.
 
The cost of a Thanksgiving dinner has risen 20% since last year, according to an analysis from the American Farm Bureau Association.
The cost of a Thanksgiving dinner has risen 20% since last year, according to an analysis from the American Farm Bureau Association.
 
Families are feeling the pinch as cost of living continues to increase in North Carolina’s capitol
Families are feeling the pinch as cost of living continues to increase in North Carolina’s capitol
 
Recently, Golden LEAF President, Chief Executive Officer Scott T. Hamilton sat down with Thom Ruhe, President, Chief Executive Officer of the NC IDEA, via Zoom and filmed the nineteenth edition in a video series called Critical Conversations
Recently, Golden LEAF President, Chief Executive Officer Scott T. Hamilton sat down with Thom Ruhe, President, Chief Executive Officer of the NC IDEA, via Zoom and filmed the nineteenth edition in a video series called Critical Conversations
 
Rental costs are continuing to rise across the United States, with some large cities posting decreases in median one-bedroom rent.
Rental costs are continuing to rise across the United States, with some large cities posting decreases in median one-bedroom rent.
 
Sentiment among homebuilders plummeted for the tenth consecutive month as traffic for prospective buyers neared the lowest level in a decade, according to a report from the National Association of Home Builders released on Tuesday.
Sentiment among homebuilders plummeted for the tenth consecutive month as traffic for prospective buyers neared the lowest level in a decade, according to a report from the National Association of Home Builders released on Tuesday.
 
Another free-market think tank has ranked Democratic North Carolina Gov. Roy Cooper positively with regard to fiscal policy, with the Cato Institute’s new governor’s rankings putting Cooper 6th overall. Cooper was the only Democrat in the top 10 and received a “B” grade overall.
Another free-market think tank has ranked Democratic North Carolina Gov. Roy Cooper positively with regard to fiscal policy, with the Cato Institute’s new governor’s rankings putting Cooper 6th overall. Cooper was the only Democrat in the top 10 and received a “B” grade overall.
 
The American economy is expected to grow at a paltry 0.3% annualized rate in the third quarter of 2022, according to data from the Federal Reserve Bank of Atlanta.
The American economy is expected to grow at a paltry 0.3% annualized rate in the third quarter of 2022, according to data from the Federal Reserve Bank of Atlanta.
 
Mortgage rates are approaching 7% as the housing market continues to experience turmoil.
Mortgage rates are approaching 7% as the housing market continues to experience turmoil.
 
After the Bank of England announced that it expects the economy of Britain to shrink in the third quarter of 2022, news outlets reported that the country is in a recession — although several American media outlets refused to do the same upon similar news in the United States.
After the Bank of England announced that it expects the economy of Britain to shrink in the third quarter of 2022, news outlets reported that the country is in a recession — although several American media outlets refused to do the same upon similar news in the United States.
 
If you thought inflation was bad, CNN would have you think you’ve received a big bonus at the gasoline pumps lately. Key word being lately.
If you thought inflation was bad, CNN would have you think you’ve received a big bonus at the gasoline pumps lately. Key word being lately.
 
The last few years have seen an exploding housing market, with the costs of homes surging amid low inventory, but now, experts say the market has taken a turn, and the U.S. has now entered a housing recession.
The last few years have seen an exploding housing market, with the costs of homes surging amid low inventory, but now, experts say the market has taken a turn, and the U.S. has now entered a housing recession.
 
Some railroads are going to stop shipping crops on Thursday in anticipation of a possible railway strike, according to sources via Reuters.
Some railroads are going to stop shipping crops on Thursday in anticipation of a possible railway strike, according to sources via Reuters.
 
Home prices are beginning to fall in many American cities after nearly two years of increases, according to a report from real estate brokerage Redfin.
Home prices are beginning to fall in many American cities after nearly two years of increases, according to a report from real estate brokerage Redfin.
 
As prices at the pump remain 64% higher than those at the time of President Joe Biden’s inauguration, CNN Business’ front page was emblazoned with the headline: “America got a raise.”
As prices at the pump remain 64% higher than those at the time of President Joe Biden’s inauguration, CNN Business’ front page was emblazoned with the headline: “America got a raise.”
 
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