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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· 18 hours agoHess shareholders approve Chevron merger but challenges remain, OpenAI forms new safety committee as...
The cost of pressuring the Fed
Politico· 16 hours agoWhich brings us to Trump’s Twitter feed. Fed Chair Jerome Powell was a frequent target of the then-president’s online barrages in 2018 and 2019, when Trump ...
Roaring Kitty vs. Chairman Powell
Ludwig von Mises Institute· 5 days agoStock market technicians are musing that if meme stocks are surging the Fed is not tight enough. Yes, after three years of hibernation “Roaring Kitty” returned with the first of a series of ...
Apollo's chief economist defies Fed’s hawkish pivot; no rate hikes this year despite ‘dramatic...
Fortune· 10 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 ...
Cleveland Fed names Goldman Sachs executive Hammack to succeed Mester as president
KAAL Austin· 13 hours agoThe Cleveland branch of the Federal Reserve said Wednesday that Beth Hammack, an executive at investment bank Goldman Sachs, would be its next president effective Aug. 21. Hammack, 52, has worked ...
3 Tech Superstars Destined for Stratospheric Returns
InvestorPlace· 3 days agoThe technology-laden Nasdaq Composite Index is at an all-time high, as corporate earnings come in stronger-than-expected and U.S. Federal Reserve Chair ...
Bitcoin's New All-Time High Depends On This Macro Indicator: 10x Research
Benzinga· 11 hours agoBitcoin‘s BTC/USD rise to new highs may depend on a single data point—inflation—according to a new...
Letters to the editor for Wednesday, May 29, 2024
The News-Press via Yahoo News· 18 hours agoVia payroll taxes undocumented immigrants provide a substantial windfall to the funds. Documented collect benefits at a lower rate than the native...
What does it mean for you if Fed rate stays higher for longer?
KUTV Salt Lake City· 15 hours agoMortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all...
The Fed indicated rates will remain higher for longer. What does that mean for you?
The News-Times· 13 hours agoMortgage rates, credit card rates, auto loan rates, and business loans with variable rates will all...