Finance
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid...
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Point72’s Steve Cohen is stepping back from trading his own book
Steven Cohen, founder of Point72 and majority owner of the New York Mets, attends a news conference at Citi Field,...
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The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect
Federal Reserve Chairman Jerome Powell takes a question from a reporter during a news conference following a Federal Open Market...
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Here’s the deflation breakdown for August 2024 — in one chart
D3sign | Moment | Getty ImagesInflation cooled in August and fell to its lowest level since February 2021, which was...
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This is the ‘billion-dollar blind spot’ of 401(k)-to-IRA rollovers, Vanguard finds
Sergio Mendoza Hochmann | Moment | Getty ImagesMany investors unknowingly make a costly mistake when rolling their money from a...
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China’s local government debt problems are a hidden drag on economic growth
Local governments in China are still building highways, bridges and railways, as pictured here in Jiangxi province on Sept. 6,...
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Stocks making the biggest moves after hours: Adobe, RH, Oracle and more
Horacio Villalobos | Corbis News | Getty ImagesCheck out the companies making headlines in extended trading:Adobe — Shares plunged more...
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Federal Reserve will opt for slow policy easing as there’s ‘still work to do’ on inflation, Fitch says
The U.S. Federal Reserve's easing cycle will be "mild" by historical standards when it starts cutting rates at its September...
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Harris’ rise in polls sparks wave of wealth transfers to kids
Dimensions | E+ | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank,...
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Stocks often drop in September — but many investors shouldn’t care
Traders on the New York Stock Exchange floor on Sept. 9, 2024.Spencer Platt | Getty Images News | Getty ImagesSeptember...
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