The Fed could have trouble avoiding a double-dip recession

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The Fed could have trouble avoiding a double-dip recession

The Federal Reserve finally seems prepared to whip inflation. The last time the Fed faced surging prices like this, it jacked up interest rates and the US economy endured multiple slowdowns. Do Americans need to fear a repeat of the early 1980s?
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Mortgage rates hit highest level since 2009

(CNN) Mortgage rates rose this week, continuing an upward trend that has pushed rates more than two percentage points higher this year. The 30-year fixed-rate mortgage averaged 5.27% in the week ending May 5, up from 5.10% the week before, according to …
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Jobless Claims Ticked Up to 200000 Last Week

The report comes after payroll firm ADP reported on Wednesday that employers added only 247,000 workers in April, far below the 390,000 forecast. And it comes one day before the government will issue its monthly jobs report.
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'Painful summer ahead:' Gas prices reach 211.9 in Metro Vancouver, expected to rise

One gas analyst predicts a “painful summer ahead” for Lower Mainland residents as domestic and international factors continue to drive an increase in the cost of gas. The price at the pumps reached 211.9 per litre at many Metro Vancouver stations on …
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India to host accountants World Congress for the first time in 118 yrs – The Week

     Kolkata, Apr 23 (PTI) Institute of Chartered Accountants of India (ICAI) is set to host 21st World
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