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I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” the US Treasury ...
The S&P 500 climbed 72.31 points, or 1.13%, to a record 6,445.76. The Nasdaq Composite finished at a peak 21,681.90, up 296.50 points, or 1.39%. The Dow Jones Industrial Average gained 483.52 points, ...
Shares have advanced in Europe and Asia after the U.S. stock market rallied to records when data showed inflation across the ...
President Trump's looming changes to the Federal Reserve are "going to change the narrative," Treasury Secretary Scott Bessent weighs in on the appointment process.
Seeking Alpha's roundup of statements, announcements and remarks that could impact markets, sectors or individual stocks. Read more here.
Could President Donald Trump take over Cleveland's police department next? Given the takeover of Washington D.C.'s police, ...
U.S. stocks remained higher as of Wednesday afternoon, with the Dow Jones Industrial Average on track for a back-to-back gain ...
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Benzinga on MSNInflation Holds At 2.7% In July, Keeping Fed Rate Cut In Play
Inflation held steady in July as consumer prices rose 2.7% year-over-year, matching June’s pace, according to The Wall Street Journal. The increase came in below the 2.8% forecast by economists, ...
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Cryptopolitan on MSNU.S. Treasury yields drop as soft inflation fuels Fed rate cut bets
The inflation report led to a 3-bps drop in the 10-year Treasury yield to 4.255% and a 1-bp drop in the 2-year Treasury yield to 3.711%.
Treasury Secretary Scott Bessent said Wednesday that short term interest rates should be 1.5 to 1.75 percentage points lower than their current level, keeping up the administration’s pressure ...
Take a look at the plunges in Cava (CAVA) and CoreWeave (CRWV) today in the wake of their earnings last night. The poundings should serve as a reminder that in a hot market, no disappointments on an ...
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