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Millions of Americans over 55 still owe money on student debt: Survey
Just the News· 2 hours agoMore than two million Americans aged 55 and older still have student loan debts as of 2022, according to a new survey released Wednesday. The Federal Reserve Board’s 2022 Survey of Consumer ...
Former Goldman Sachs Exec Beth Hammack Becomes Next Cleveland Fed President
Benzinga via Yahoo Finance· 6 hours agoBeth M. Hammack will assume the role of president and chief executive officer of the Federal Reserve...
Financial Shares Slip As Treasury Yields Rise — Financials Roundup
Morningstar· 5 hours agoFinancial company shares fell with the broader market as the Federal Reserve is expected to maintain high rates through the summer at least. BlackRock's iShares Bitcoin Trust has overtaken its rival, the Grayscale Bitcoin Trust, to become the largest
Wall Street ends lower amid rate concerns, higher bond yields
Reuters· 4 hours agoU.S. stocks fell on Wednesday amid further gains in Treasury yields and concern over the timing and...
Catalyst Quant Fund Shorts 10-Year Treasuries as Macro Bet
Bloomberg via Yahoo Finance· 52 minutes ago(Bloomberg) -- A top-performing quant fund is shorting five- to 10-year US Treasuries on...
Fed’s Promise to Cut Could Be Making It Harder to Deliver
The Wall Street Journal· 9 hours agoWhile some Federal Reserve officials try to keep alive the prospect of another interest rate increase, the central bank’s predominant message is that its next move will be a rate cut. Slok writes ...
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
The News-Times· 9 hours agoHopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of...
News Highlights: Top Global Markets News of the Day - Wednesday at 7 PM ET
Morningstar· 3 hours agoThe Dow, S&P and Nasdaq all fell after bond yields climbed to their highest level in a month. Beth Hammack, a top executive at Goldman Sachs, will become the next president and chief executive ...
Stocks slide, dollar gains as rate cut outlook dims | Fox 11 Tri Cities Fox 41 Yakima
FOX 11/41 Yakima· 5 hours agoStock markets fell Wednesday as investors locked in profits after indicators and comments from central bankers further dented hopes for interest rate cuts. A forecast-beating report Tuesday ...
Revived Hike Chatter Fuels Higher-for-Longer Options Wagers
Bloomberg· 6 hours agoOptions traders are piling into bets that the Federal Reserve will keep rates higher for longer as...