Euro zone inflation, October 2024

A general view shows the leaves turning yellow in a vineyard at the end of the harvest season in the Siebengebirge mountain area along the Rhine River in Bonn, Germany, on October 25, 2024. Nurphoto | Nurphoto | Getty ImagesInflation in the 20-nation euro zone rose to 2% in October,...

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Ray Dalio concerned about America postelection: ‘Both candidates worry me’

Ray Dalio speaking with CNBC at the Future Investment Initiative in Riyadh, Saudi Arabia on Oct. 30th, 2024. CNBCA postelection America worries U.S. billionaire Ray Dalio, who called for reforms numerous times amid a political landscape strife with what he views as irreconcilable differences between both Democratic and Republican parties.Speaking at...

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Germany’s inflation surges to 2.4% as it narrowly skirts a technical recession

Passers-by walk in the pedestrian zone of the Bavarian capital.Peter Kneffel | Picture Alliance | Getty ImagesGermany's inflation surged to 2.4% in October, back above the European Central Bank's 2% target, even as the country narrowly avoided a technical recession in the third quarter.The preliminary print, announced by German...

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Euro zone GDP, Q3 2024

People walk down the iconic Alcalá street on a very hot afternoon in Madrid, Spain.Miguel Pereira | Getty Images News | Getty ImagesThe euro zone economy grew 0.4% in the third quarter, flash figures published by the European Union's statistics agency showed Wednesday.Economists polled by Reuters had expected growth...

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Consumer confidence surges as election nears; job openings move lower

A "We're Hiring" sign in Atlanta, Georgia, US, on Wednesday, Sept. 18, 2024. Elijah Nouvelage | Bloomberg | Getty ImagesConsumers grew more optimistic about the U.S. economy heading into the contentious presidential election even as job openings hit multi-year lows, according to separate reports released Tuesday.The Conference Board's consumer confidence...

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How to prevent AI from further widening the racial wealth gap

Human resources and technology concept for AI augmenting team work.Leowolfert | Istock | Getty ImagesThe rise of artificial intelligence (AI) has been stunning in both its speed and impact. According to data from Goldman Sachs, investment in AI is expected to reach $100 billion in the U.S. and $200...

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