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Fed’s jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says

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U.S. Federal Reserve Chair Jerome Powell holds a press conference in Washington, D.C., on Sept. 18, 2024.Mandel Ngan | AFP | Getty ImagesThe Federal...
Bussiness

Stock futures are flat after Dow closes at a fresh record: Live updates

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Traders work on the floor of the New York Stock Exchange during morning trading on Sept. 23, 2024.Michael M. Santiago | Getty ImagesU.S. stock...
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Boeing sweetens labor proposal in ‘best and final’ offer as strike enters second week

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Striking Boeing workers hold rally at the Boeing Portland Facility on September 19, 2024, in Portland, Oregon. Jordan Gale | AFP | Getty ImagesBoeing on...
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10 things to watch in the stock market Monday: Getting ready for big earnings coming

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Top 10 things to watch Monday, Sept. 23 1. Stocks are looking slightly higher Monday. It's big week of earnings with Micron , Jefferies...
Bussiness

S&P 500 rises to fresh record close Monday as traders aim to extend Fed cut relief rally: Live updates

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Stocks close higherStocks closed higher on Monday, with the S&P 500 reaching a fresh record-high close.The broad market index gained 0.28% to close at...
Bussiness

Dow pops 500 points as Wall Street rallies a day after big Fed rate cut: Live updates

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Meta, Lennar, American Express among stocks reaching new 52-week highsSeveral stocks in the S&P 500 — including major tech giants, homebuilders and financial names...
Bussiness

Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years

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WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, slicing half a...
Bussiness

Fed meeting recap: Chair Jerome Powell defends central bank’s decision to go big with first cut

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Risk of downturn not heightened following rate decision, Powell saysFederal Reserve Chair Jerome Powell does not see the risk of an economic downturn being...
World

What a Fed rate cut could mean for the world

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The U.S. Federal Reserve is on Wednesday heading for its first interest rate cut since the onset of the Covid-19 pandemic — and despite...
Bussiness

DJT shares soar as Trump says ‘I’m not selling’ stake

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Former U.S. President and Republican presidential candidate Donald Trump speaks during a press conference at Trump National Golf Club Los Angeles in Rancho Palos...
Bussiness

S&P 500 rises, Nasdaq closes 2% higher in rebound from inflation report rout: Live updates

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Traders work on the floor of the New York Stock Exchange on Aug. 14, 2024.Spencer Platt | Getty ImagesStocks rose Wednesday in a bout...
Bussiness

Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business

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David Solomon, CEO of Goldman Sachs, during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" in New York on Aug....
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