Sunday, November 17, 2024
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Federal Reserve

The stock market dipped after a historic Fed rate cut. Here’s what the experts think

The Federal Reserve gave investors exactly what they said they wanted on Wednesday, slashing interest rates by an outsized 50 basis points—but it still...

401(k) investing, food price inflation, holiday shopping: Wealth!

On today's episode of Wealth!, Host Brad Smith breaks down key personal finance stories, from anticipated interest rate cuts to a lookahead to the...

U.S. Shopping Malls See Surge in Crowds Over Labor Day Weekend

Most people hit the beach over Labor Day weekend, but plenty opted for downtown stores and shopping malls instead. After an already successful August, shopping...

US job market meltdown: 818K jobs disappeared overnight in biggest revision since 2009

The Bureau of Labour Statistics has released a revised estimate of U.S. employment, disclosing a drastic decline of 818,000 jobs since the...

As the Rich Snap Up Gold Bars, Storage Vaults Brace for Business

Encased in sleek onyx, an enormous vault for storing precious metal soars some 32 meters (105 feet) above Singapore’s Changi Airport. For a facility...

Private Credit Fund Burned by Risky Bets Is Bleeding Cash

Prospect Capital, a little-known New York firm that helped pioneer the private credit boom, has come up with an unusual technique to keep dividends...

World markets shaken over fears of U.S. recession as sell-offs deepen | CBC News

Nearly everything on Wall Street is tumbling as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around...

Wall Street today: US stocks mixed ahead of Fed rate decision, Big Tech results | Stock Market News

US stocks were mixed on Monday, with the tech-heavy Nasdaq and the S&P 500 rising ahead of a Federal Reserve interest rate decision and...

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