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Cash is outperforming bonds this year. A Fed pivot could change that.
MarketWatch via Yahoo Finance· 4 days agoCash has been outperforming the bond market in 2024 as the Federal Reserve delays rate cuts. -...
Behind America's divided economy: Booming luxury travel and a jump in 'relief' loans
CNBC· 11 hours agoAt American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries...
Bank of England made ‘persistent and systematic’ errors, official admits
The Telegraph via Yahoo Finance· 10 hours agoThe Bank of England made 'persistent and systematic' errors with its forecasts, one of its officials...
US STOCKS-Wall St set to rise ahead of speeches from Fed officials
Reuters via Yahoo Finance· 14 hours agoU.S. stocks were set to rise on Friday, as investors eagerly awaited comments from Federal Reserve officials to get more clarity on the U.S. monetary policy path, after economic data this week ...
Fed Governor Lisa Cook Highlights Private Credit as Emerging Issue
PYMNTS.com· 2 days agoSpeaking Wednesday (May 8) at the Brookings Institution in Washington, D.C., Cook provided a current...
What You Need to Know Ahead of Wednesday's Much Anticipated CPI Inflation Report
Investopedia· 20 hours agoInflation has stayed stubbornly over the Federal Reserve's target of a 2% annual rate in the first...
Bankrate’s 2024 Credit Card Debt Report
Bankrate via Yahoo Finance· 4 days agoDespite the rising percentage of people already in credit card debt, Americans say they’re willing to go into debt for the sake of experiences this year....
Could The War in Ukraine Could Push Oil To $100 A Barrel?
247wallst.com· 4 hours agoShortly after the Russian invasion of Ukraine began on February 22, 2022, the price of Brent crude...
What is FedNow, and how does it work?
Yahoo Personal Finance· 2 days agoWhat is the FedNow service? FedNow is a payment service developed by the Federal Reserve to facilitate faster bank and credit union transactions. If your...
US STOCKS-Wall St gains ahead of Fed officials' remarks; Dow nears 40,000 mark
Reuters via Yahoo Finance· 13 hours agoU.S. stocks rose on Friday, as investors eagerly awaited comments from Federal Reserve officials to get more clarity on the U.S. monetary policy path, after economic data this week supported ...