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Click here to buy this shirt: Official Him Mora 2022 shirt, hoodie, v-neck tee
strong wages, while great for consumers and their families, are what leads to increased spending, higher demand and persistent inflation. “The Fed has its work cut out for it to create sufficient slack that could ease price pressures,” she said. Get the Morning Rundown Get a head start on the morning’s top stories. SIGN UP THIS SITE IS PROTECTED BY RECAPTCHA PRIVACY POLICY | TERMS OF SERVICE Shah added that while all the jobs lost during the pandemic have now been regained, “markets will take [Friday’s] number as a timely reminder that there is significantly more Fed hiking still to come.” “[Interest] rates are going above 4% — today’s number should put to bed any doubters,” Shah said. The current rate is between 2.25% and 2.5%. Recommended CONSUMER Coca-Cola’s newest flavor ‘Dreamworld’ supposedly tastes like dreams CONSUMER U.S. Postal Service asks for temporary postage hike for holiday season While the Fed’s plan should, eventually, put the economy back in
Aug. 6, 2022, 12:57 AM +07 By Rob Wile The U.S. economy added 528,000 new jobs last month, while the unemployment rate fell to 3.5% — tying the pre-pandemic low, the Bureau of Labor Statistics said Friday. But for many people, something may still feel off about the economy. It could be the 9% rate of inflation. Or the two consecutive quarters of negative gross domestic product data. “It’s a mixed bag,” said John Leer, chief economist at Morning Consult. “Everything people feel about the economy now, they’re likely going to be feeling differently six months from now, especially if we experience widespread job losses.” U.S. economy added 528,000 jobs in July, unemployment rate at 3.5% AUG. 5, 202202:03 Economists like Leer are already raising the prospect of higher unemployment because of the Federal Reserve’s plans to keep raising interest rates. As part of its so-called dual mandate, the nation’s central bank seeks to balance job and price stability — and right now, it believes there is too much demand for labor and not enough stability in consumer prices. So the Fed is expected to raise its key interest rate for the fifth time this year at its next meeting in September. The idea is to make borrowing more expensive to cool off demand and try to reverse price gains, bringing inflation down to where the central bank wants it to be, around 2%. As Federal Reserve Chairman Jerome Powell put it at his most recent news conference: “We think it’s necessary to have growth slow down. … We actually think we need a period of growth below potential. … If we were to be able to get inflation back down on the path to 2% and ultimately get there.” In an email to clients Friday, Seema Shah, chief global strategist at Principal Global Investors, said the Fed is likely to raise its key rate by another 0.75%. “Not only is the labor market undoubtedly still tight, but wage growth is uncomfortably strong,” Shah said, suggesting that
the sale. Get the Morning Rundown Get a head start on the morning’s top stories. SIGN UP THIS SITE IS PROTECTED BY RECAPTCHA PRIVACY POLICY | TERMS OF SERVICE That’s among the several twists and turns that Musk’s bid for the company has taken in the last four months. It all started when Musk became Twitter’s largest public shareholder in April, declaring holdings of more than 9% of the company’s stock. Originally, Musk was going to take a seat on Twitter’s board of directors in connection with his stake. At some point, that changed, and he put together a bid to buy Twitter outright. “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe,” Musk said in an April 14 letter sent to Bret Taylor, the chair of Twitter’s board. “I believe free speech is a societal imperative for a functioning democracy.” Twitter’s initial response to the bid was to adopt a so-called poison pill provision, which would have created more shares of the company in order to dilute the value of Musk’s holdings. But by the end of that month, Musk had made his 11-figure offer to buy Twitter, and the social media company reversed course, deciding Musk’s $44 billion valuation of the company was the best price its shareholders would get. On April 25, it accepted Musk’s bid. By May, Musk said he was putting the deal on hold in response to what he said were issues with how many fake and spam accounts were on the site. Twitter had long stated in official filings that it believed no more than 5% of the accounts on its site fell into that category — raising questions about Musk’s true motivations behind his apparent backpedaling. Between the time Musk made his offer for $54.20 per share and his assertion that he was pausing the deal, Twitter’s share price had fallen to as low as $45. Whatever the case, Musk and Twitter could not come to an agreement to settle the dispute, leading to the current impasse. Now attorneys for Twitter and for Musk have an October trial date set to argue the dispute in Delaware Chancery Court, the main jurisdiction in the U.S. for settling business matters. Rob Wile Rob Wile is a breaking business news reporter for NBC News Digital. Clare Secrist Claire Cardona contributed.
6 Available products for Official Him Mora 2022 shirt:
- Classic Men’s Shirt
- Classic Women’s Shirt
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- Men’s Short Sleeve Tee
- Unisex Jersey Short Sleeve Tee
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- Women V-Neck
- Women’s Jersey Short Sleeve Deep V-Neck Tee
- Unisex Hoodie
- Unisex Heavy Blend™ Full-Zip Hooded Sweatshirt
- Men’s Lightweight Zip Hooded Sweatshirt
- Unisex French Terry Zip Hoodie
- AOP Unisex Zip Hoodie
- Unisex Longsleeve
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- Unisex 3/4 Sleeve Baseball Tee
- Unisex Tri-Blend 3/4 Raglan Tee
- Men’s Varsity Jacket
- Youth T-shirt
- Sweatshirt Unisex
- Tank Top
- Men’s Sleeveless Performance Tee
- Women’s Cut & Sew Racerback Dress
- Women’s Pencil Skirt
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- Women’s Sponge Fleece Wide Neck Sweatshirt
- Kids Regular Fit Tee
- Infant Long Sleeve Bodysuit
- Mug $22.99
- Phone Case
- Bags
- Unisex Flip-Flops
Available Size: XS, S, M, L, XL, 2XL, 3XL, 4XL, 5XL Available Color: Black, Cardinal Red, Forest Green, Gold, Navy, Royal, Sport Grey, White…
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