Economy

Atlanta Fed chief says central bank working to avoid "deep, deep pain" – Face the Nation

Atlanta Fed chief says central bank working to avoid “deep, deep pain”Face the Nation Atlanta Fed President Bostic expects job losses but says there’s a really good chance to get to 2% inflation without killing the economyCNBC Fed’s Bostic Says US Could Have a ‘Relatively Orderly’ SlowdownBloomberg Inflation fight can avoid deep pain, Atlanta Fed …

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Social Security payment: Second half of direct monthly check worth $1,682 to be sent in six days

Recipients of Supplemental Security Income will receive the final half of their September payments in six days, marking the second payment of the month due to a scheduling quirk in the agency’s program. Eligible recipients can expect to receive the second payment of $841 on Sept. 30 after receiving the first payment at the beginning …

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US chip alliance against China tests South Korea’s loyalty

SEOUL/WASHINGTON — After years of walking a thin line between the US and China, South Korea’s government and chipmakers face pressure to pick a side in the growing technological rivalry between its military ally and its largest trade partner. The US is preparing to hold a preliminary meeting for the proposed Chip 4 initiative, designed …

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Analysis: After feverish week, global investors lick wounds and brace for more chaos

Register now for FREE unlimited access to Reuters.com Register NEW YORK/LONDON, Sept 25 (Reuters) – Global investors are preparing for more market mayhem after a monumental week that whipped asset prices around the world, as central banks and governments ramped up their fight against inflation. Signs of extraordinary times were everywhere. The Federal Reserve delivered …

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