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FINANCE

Wall Street Rallies, Technicals Help Market Rebound
NEW YORK (Reuters) — U.S. stocks ended sharply higher on Thursday, Oct. 13 as investors pulled back on...
Investors Worry About Hiring Outlook, Spending Before US Earnings
NEW YORK (Reuters) — The outlook for jobs and spending may be chief among concerns for investors heading...
BoJ’s Kuroda Warns Against Fast, One-sided Yen Falls
By Leika Kihara, Reuters. WASHINGTON — Bank of Japan (BoJ) Governor Haruhiko Kuroda said on Wednesday...
US credit card debt is marching ahead as the economy collapses and interest rates rise.
The Impact of Inflation Rears Its Head in US Credit Card Debt
Although the battle against record inflation, not only in the United States, but all across the world...
Federal Reserve Chair Jerome Powell Holds News Conference Following Federal Open Market Committee Meeting
The Implosion of the Bond Market
Financial Analysis Historically, fixed-income securities such as bonds — especially the investment-grade...
Biden Hails IBM’s $20 Billion Manufacturing Deal
U.S. President Joe Biden on Thursday, Oct. 6 championed his administration's push to subsidize U.S. semiconductor...
Oil Rises as OPEC+ Agrees Deep Cuts to Production
Oil prices rose on Wednesday, Oct 5 — building on gains in recent days as OPEC+ agreed its deepest cuts...
Central banks have dumped more than $1 trillion in foreign reserve currency this year as the US Dollar has run wild.
Governments Hemorrhaging Foreign Reserves as Geopolitical Tensions Strain Global Economy
Governments and central banks are burning through their cache of foreign reserves at an unprecedented...
Goldman Hikes Third-Quarter GDP Growth Estimate to 1.9%
NEW YORK (Reuters) — Global investment firm Goldman Sachs boosted its third-quarter GDP growth estimate...