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Sunday’s presidential election in Panama is ‘most important’ in decades, say experts CNN  —  Panama, the Central American nation at the crossroads of international trade and migration, will elect a new president on Sunday after a campaign season mired in legal uncertainty. “It’s a...... Instant Reaction: Jobs, May 3, 2024 ...of some cooling in the labor market could mean the topping-out of mortgage rates this week before more sustained declines through the remainder of this year. In April, the economy added 175,000...... White House counts jobs report as a win, though inflation path – and interest rate cuts – far from certain ahead of November ...important as the election approaches. “If gas prices go above $4 and mortgage rates go above 8%,” Zandi told CNN, Biden “has a problem.” Biden has begun to talk openly about what he thinks...... Wall Street surges after economy adds just 175,000 jobs in April The Federal Reserve building in Washington, DC, is pictured on January 26, 2022. Joshua Roberts/Reuters/File For the first time in a while, the latest US employment figures came in below economists'...... Markets jump higher after softer-than-expected jobs report fuels hopes of an earlier rate cut New York CNN  —  US stocks soared higher Friday morning after new data showed that US job growth slowed considerably last month. The blue-chip Dow was higher by 339 points, or 0.9%; the S&P 500...... Looking To Maximize Cloud ROI? Don’t Forget Your People’s Experience am EDT Driven by ingenuity and ambition, midsize companies are charting new paths to ongoing business growth. Recent research from Oxford Economics, sponsored by SAP, reveals that these...... The Fed’s latest meeting wasn’t just about interest rates. Here’s why you shouldn’t overlook its balance sheet announcement ...financial firms. Consumers have those moves to thank for the historically cheap mortgage rates of the pandemic era. The 30-year fixed rate fell to a record low of 2.93 percent in 2021, Bankrate...... Fed Keeps Interest Rates Frozen: What Another Pause Means for Your Credit Cards If you think the Federal Reserve is starting to sound like a broken record, you’re not alone. For the sixth time, the Fed voted Wednesday to maintain current interest rates. The federal benchmark...... Help! My Bank Failed. Now What? ...out money -- a cycle that eventually dooms the institution. However, the FDIC pointed out that the bank also failed “to mitigate interest rate risk.” When the Federal Reserve started hiking rates...... Sell in May and go away? Think again A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the...... An Economic Firestorm Is Gathering Force—Here Are The Indicators The places to look for real trouble ahead this year and next are not the numerous inflation indexes, such as the CPI or even measures of economic health, most notably GDP. Instead, this segment of...... Fight Against Inflation, Market Correction At Heart Of VC Slowdown am EDT The venture capital data out of Q1 affirmed the slowdown felt by investors and entrepreneurs: a 7-year-low funding slide, a frosty exit landscape pummeling private market valuations and the...... Real Estate's Impact on the Economy by the Numbers: A State-by-State Analysis ...sector is a significant contributor to gross domestic product (GDP) through construction, home sales, and renovations. While these activities require labor and materials, they also stimulate...... Three Tips For Small Business Borrowers In A High Interest Environment pm EDT Entering 2024, indications were that inflation might be easing, and borrowers became hopeful that interest rate cuts would be on the horizon. Now, four months into the year, inflation remains...... The Fed keeps interest rates at a 23-year high for the sixth-straight meeting ...has already had some effects on certain pockets of the economy, such as housing and business deal-making. Mortgage rates soared as the Fed hiked rates, leading to home...... Fed keeps interest rates at 23-year high The Federal Reserve voted to keep interest rates at a 23-year high on Wednesday, as the central bank tries to curb stubborn inflation. Investors now think it could be September at the earliest before...... Immigrants Raise Wages And Boost Employment Of U.S.-Born Workers am EDT New research concludes immigrants raise wages and boost the employment of U.S.-born workers. Americans should care about the findings, which confirm and expand upon earlier analyses, because...... What The Bear Market In Diversification Means For Investors am EDT Alex Shahidi, JD, CFA®, CFP®, ChFC®, CIMA®, is a Managing Partner and Co-CIO at Evoke Advisors, and Host of The Insightful Investor Podcast. The principle behind diversification is to......