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Why the AI Stock Market Divide Is Widening Amid Fed Rate Fears, and 4 Other Things to Know Today
Barrons.com· 10 hours agoHess shareholders approve Chevron merger but challenges remain, OpenAI forms new safety committee as...
Fed's Mester: Fed Statements Would Benefit From Some Added Length
US News & World Report· 2 days ago"With short statements, each word takes on added significance." Fed policy statements have become shorter under the leadership of Chair Jerome Powell, and ...
The Stock Market Keeps Going Back and Forth on Interest Rates. How to Play It.
Barrons.com· 1 day agoUncertainty about how the economy and price growth will progress in the months ahead could lead to...
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
Stamford Advocate· 10 hours agoHopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of...
Are Stocks About to Crash?
GoldSeek.com· 14 hours agoMost of the recent rise, of course, has been due to Nvidia and the AI craze, while the rest of the market is not looking nearly as strong. 350 stocks in the S&P 500 went down, meaning there ...
For Wall Street Billionaires, This Election Is About One Thing
The New Republic via Yahoo Finance· 11 hours agoPlutocrats like Jamie Dimon would have you believe they’re leaning toward Trump because of inflation...
What The Fed Is Looking For In May’s CPI Report
Forbes· 16 hours agoThe Federal Open Market Committee will analyze May’s Consumer Price Index data closely to determine if inflation is trending toward their 2% target. The...
Congress Moves against Totalitarian Central Bank Digital Currency Schemes
GoldSeek.com· 14 hours agoOn Wednesday, minutes from the Federal Reserve’s latest policy meeting showed central bankers are frustrated by the lack of progress on inflation. Remarks by Fed policymakers were widely interpreted ...
Cleveland Fed names former Goldman Sachs executive Beth Hammack to succeed Mester as president
CW39 NewsFix· 5 hours agoWASHINGTON (AP) — The Cleveland branch of the Federal Reserve said Wednesday that Beth Hammack, a...
Apollo's chief economist defies Fed’s hawkish pivot; no rate hikes this year despite ‘dramatic...
Fortune· 2 hours agoThe housing market has remained resilient. “I don’t think we should rule anything out at this point,” Kashkari said, suggesting the country has the “luxury” of waiting to see where inflation ...