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Raphael Bostic, the Atlanta Federal Reserve President, said Thursday that U.S. central bankers are unlikely to cut interest rates in July, citing slowed progress on inflation. “I'm keeping my eyes on...
Investing.com-- U.S. stock index futures fell in evening deals on Thursday, extending losses as fears of high interest rates and slowing growth sparked a two-day rout on Wall Street, with focus now...
Lorie Logan, the President of the Dallas Federal Reserve Bank, said today that she sees inflation making progress towards the Federal Reserve's 2% target. Speaking at an event in El Paso, Texas, Logan...
SEATTLE - Two Estonian nationals were extradited to the United States from Estonia to face charges in a $575 million cryptocurrency fraud and money laundering scheme. Sergei Potapenko and Ivan...
NEW YORK - A former investment banker and registered broker was sentenced to 41 months in prison for orchestrating a cryptocurrency investment fraud that caused approximately $1.5 million in losses to...
Investing.com-- The S&P 500 closed lower Thursday, pressured by a salesforce-led dent in technology and cautious sentiment ahead of key inflation data due Friday. At 16:00 ET (20:00 GMT), Dow...
New York Federal Reserve President John Williams stated on Thursday that there is "ample evidence" that the current monetary policy is having a restrictive impact, signaling a cautious stance on any...
Over the past decade, today’s mega-capitalization stocks have markedly outperformed the S&P 500, driven by their rapid revenue and earnings growth. However, whether these companies will maintain their...
The S&P 500 has once again exceeded expectations in the latest quarter, delivering an earnings per share (EPS) surprise of +7.8%, notably above the seven-year pre-pandemic average of 5.24%. In terms...
The robust rally in stocks this year is likely to lose momentum as a rise in bond yields coincides with higher valuations, a Goldman Sachs strategist told Bloomberg TV. “Bond yields are going up, and...
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