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Bank Stress Tests, PCE Inflation Data, Nike Earnings: What to Watch Next Week
The Wall Street Journal· 1 hour agoEarnings are due next week from a few big-name companies, including Nike and Micron Technology....
How Much Household Income Will Be Considered Upper Middle Class by the End of 2024?
GOBankingRates via Yahoo Finance· 1 day agoThe latest official figures from the U.S. Census Bureau place median household income at $74,580....
Mohamed El-Erian has blunt words for the Fed on interest rates
TheStreet via Yahoo Finance· 5 days agoMeanwhile, the Fed’s favored inflation indicator, the Personal Consumption Expenditures Index,...
Treasuries Are a Whisker Away From Erasing This Year’s Loss
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- US Treasuries are on the brink of breaking even during a roller-coaster first half of...
Gateway - Quartz
Quartz· 3 days agoWith the dawn of a new quarter, the Personal Consumption Expenditures (PCE) price index has given hope of a rate cut in the near future ...
Analysis-China's key plenum aims to fix decades-old tax revenue imbalance
Reuters via Yahoo Finance· 1 day agoLong-touted changes to China's tax system will focus on allowing local governments to retain more...
Veteran fund manager sounds alarm on stocks
TheStreet via Yahoo Finance· 4 days agoHigher rates are bad for the economy, a bad economy is bad for profits, and bad profits are bad for stocks. And inflation remains sticky, the bears say....
The Fed must lower rates and upgrade flawed data to stay effective
The Hill· 24 hours agoJerome Powell, chairman of the Federal Reserve Board, announced last week that the board has decided...
Fed’s Barkin Says Inflation to Linger as Rate Hikes Take Full Effect
Barrons.com· 18 hours agoHe wants both a sustainment of lower price growth, but also a broadening out to more categories....
Rupee squeezed by weak Asia, to be likely boosted by positional flows
Reuters via Yahoo Finance· 1 day agoThe Indian rupee is likely to open largely unchanged on Thursday amid a decline in Asian peers and a...