Economy
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Finance
Federal Reserve will reduce staff by 10% in coming years, Powell memo says
U.S. Federal Reserve Chair Jerome Powell departs after holding a press conference following a two-day meeting of the Federal Open…
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Finance
Stocks making the biggest moves midday: Applied Materials, Novo Nordisk, Cava, Vistra and more
Check out the companies making headlines in midday trading. Applied Materials — Shares of the semiconductor manufacturer dropped 6% after…
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Economy
The low-end consumer is about to feel the pinch as Trump restarts student loan collections
Andersen Ross Photography Inc | Digitalvision | Getty Images Wall Street is warning that the U.S. Department of Education’s crack…
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Finance
Stocks making the biggest moves premarket: Charter Communications, Doximity, Novo Nordisk and more
Check out the companies making headlines before the bell. Charter Communications — The cable stock rose 7% after Charter agreed…
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Finance
Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary
Walmart‘s business is strong enough to withstand tariff headwinds without increasing its prices, according to the discount retailer’s former U.S.…
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Finance
Stocks making the biggest moves midday: Coinbase, UnitedHealth, Dick’s Sporting Goods, Boot Barn and more
Check out the companies making headlines in midday trading: Walmart — Shares of the big-box retailer shed 0.5% after Walmart…
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Finance
Fed’s Powell cautions about higher long-term rates as ‘supply shocks’ provide policy challenges
Federal Reserve Chair Jerome Powell speaks at the Thomas Laubach Research Conference held by the Federal Reserve Board of Governors…
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Economy
JPMorgan Chase CEO Jamie Dimon says recession is still on the table for U.S.
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, DC,…
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Economy
Watch Fed Chair Jerome Powell deliver live remarks on policy review
[The stream is slated to start at 8:40 a.m. ET. Please refresh the page if you do not see a…
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Economy
Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
Inflation was slightly lower than expected in April as President Donald Trump’s tariffs just began hitting the slowing U.S. economy,…
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