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The Fed can still break markets. Here’s how

Feb 20, 2024

Major US indexes notched their fifth consecutive winning week on Friday as strong corporate earnings and gains in Big Tech added to fervor on Wall Street.

A US productivity boom may explain how inflation slowed amid a strong economy

Feb 19, 2024

Americans are on the verge of living through a historic economic event: inflation fully returning to normal — after a series of punishing interest rate hikes — without a recession. It’s a scenario that analysts refer to as a “soft landing.”

You can now invest in bitcoin ETFs. But should you?

Jan 17, 2024

It’s official. The Securities and Exchange Commission on Wednesday gave the green light to the listing and trading of 11 bitcoin exchange-traded funds, or ETFs. And they will be coming online quickly, with several starting to trade Thursday. That means if you have have been curious about investing in bitcoin, you can do so in an SEC-regulated product, with fewer of the technical and cybersecurity risks that come with investing in it directly. But before you jump on the bitcoin bandwagon, here are some things to think about.

CVS will close some Target pharmacy locations

Jan 17, 2024

CVS will close dozens of pharmacies located inside of Target stores in early 2024, a company spokesperson said on Thursday. The closures come as retail pharmacy chains in the US face increasing difficulties with their prescriptions business, workforces and more.

Why stocks paying juicy dividends could make a comeback this year

Jan 17, 2024

Shares of companies that offer steady payments could be back in the good graces of investors this year.

Italy's debt problem not related to ESM issue - minister

Dec 29, 2023

Italy must focus on its debt problem and a parliament decision not to ratify the reform of the euro zone bailout fund has no impact on it, Economy Minister Giancarlo Giorgetti said on Wednesday.

What and where are Russia's $300 billion in reserves frozen in the West?

Dec 29, 2023

After President Vladimir Putin sent troops into Ukraine in 2022, the United States and its allies prohibited transactions with Russia's central bank and finance ministry, blocking around $300 billion of sovereign Russian assets in the West.

Mortgage rates slide to lowest since May - Freddie Mac

Dec 29, 2023

The interest rate on the most common type of U.S. home loan fell for a ninth straight week this week to close out the year at their lowest level since May, according to data released Thursday by Freddie Mac.

Americans ramp up holiday spending plans even as they give the economy low marks

Dec 7, 2023

Many Americans tell pollsters they are not happy with the state of the US economy. And yet Americans simultaneously say they plan to ramp up their holiday spending.

Harvard, Penn and MIT presidents under fire over ‘despicable’ testimony on antisemitism and genocide

Dec 7, 2023

The presidents of Harvard, MIT and the University of Pennsylvania faced intense scrutiny on Wednesday from business leaders, donors and politicians following their testimony at a House hearing on antisemitism on campus and calls for genocide in Israel.

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