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Powell warned on Friday that the risks of higher inflation and a weakening jobs market add up to a 'challenging situation' ...
Powell’s dovish Jackson Hole speech reignited risk-on sentiment, sending meme stocks, crypto, and unprofitable tech soaring.
Wall Street rallied to its best day in months after the head of the Federal Reserve hinted that cuts to interest rates may be ...
Hertz showed Q2 progress with positive adjusted EBITDA and better cost controls, but high leverage and market risks limit ...
On August 22, Manpreet Gill of Standard Chartered Wealth Management appeared on CNBC, stating that he sees a cut in the ...
The assumption is that next month will see the first-interest rate cut; the question most are already asking is how many more ...
The Dow logged its first record close of the year and bond yields fell after Federal Reserve Chair Jerome Powell struck an ...
Federal Reserve Chairman Jerome Powell received a standing ovation in Jackson Hole, Wyoming, on Friday. Powell said the central bank could soon resume cutting interest rates.
Opendoor Technologies soared to a new all-time high on Friday, as investor optimism was bolstered by signals of rate cuts ...
Back-to-school shoppers could be more frugal this year.
Powell's Jackson Hole speech hinted at a September rate cut, but labor concerns and data show high uncertainty. Read why ...
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