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Federal Reserve Chair Cautious About Economy

Speaking before Congress yesterday, Federal Reserve Chair Janet Yellen signaled the central bank’s careful approach to future interest-rate increases, pointing to the accumulating risks to the global economy. Yellen acknowledged that the potential for a sustained slowdown in China and ...

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Strong Dollar Impacts U.S. Tourism

By all indications, the dollar will remain strong for the foreseeable future, which means that it will continue to create headwinds for foreign visitors interested in coming to the United States. International travelers often stay longer and spend more than ...

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Could the Economy Tank in 2016?

Last month, the Federal Reserve raised short-term interest rates for the first time in nearly a decade as the unemployment rate continues to decline. While the move demonstrated a vote of confidence in the U.S. economy, Americans are still feeling ...

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U.S. Hotels Poised for Growth in 2014

U.S. Hotels Poised for Growth in 2014

ATLANTA, Ga.—After a slight deceleration in growth during the last half of 2013, U.S. hotels should see strong gains in revenues and profits in 2014 and 2015 according to PKF Hospitality Research (PKF-HR). According to the recently released December 2013 ...

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