Putin admits Russian inflation is ‘alarming’ and economy ‘overheating’ newsthirst.

Russian President Vladimir Putin attends an annual televised phone-in with the country’s citizens dubbed “Direct Line with Vladimir Putin” at the Moscow’s World Trade Center studio in Moscow on June 30, 2021.  Sergei Savostyanov | Afp | Getty Images Russian President Vladimir Putin on Thursday said that inflation is a problem facing Russia, and that…

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The next president could inherit a booming economy newsthirst.

Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally at Macomb Community College in Warren, Michigan, U.S., November 1, 2024 (L), and Democratic presidential nominee U.S. Vice President Kamala Harris speaks during a campaign event in Atlanta, Georgia, U.S., October 19, 2024. Reuters A flurry of remarkably good economic news over…

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US economy grew at solid 2.8% pace last quarter on strength of consumer spending, but misses expectations newsthirst.

The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates. Shoppers and pedestrians on Broadway in the Soho neighborhood of New York, US, on Monday, Jan. 22, 2024. (Bloomberg) Wednesday’s report from the Commerce Department said the gross domestic…

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