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Podcast: U.S. Stocks Close Mixed as Fed Holds Interest Rates Steady
President Trump criticized Fed Chair Jerome Powell and renewed calls for an interest-rate cut. Plus: Toy maker Hasbro laid off 3% of its workforce. La-Z-Boy reported mixed quarterly results. And, shares in the stablecoin issuer Circle rallied after the Senate passed the Genius Act.
Investors were weighing concerns about inflation in the U.S. and a potential escalation in Middle East tensions.
U.S. financial markets will be closed Thursday in observance of the Juneteenth holiday. The Fed has never delivered a ...
The Federal Reserve’s quarterly projection included lower growth, higher inflation, and maintained its previous expectation ...
Upstart Holdings grew its share prices by 10.64 percent on Wednesday to close at $59.08 apiece following the Federal ...
Investors are heading into the coming week’s two-day Federal Reserve meeting facing a wide band of uncertainty around the ...
US stocks end down after Trump raised the rhetoric against Iran. He's mulling options. Fed to announce forecasts and rate ...
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After the announcement, Indian IT stocks faced selling pressure. The steep decline in IT stocks dragged the Nifty IT index ...
Hong Kong stocks dropped to a two-week low after the Federal Reserve flagged increasing inflationary risk for the economy and ...
Investors continue to absorb heightened Middle East tensions and the Federal Reserve will give its monetary policy update at 2 p.m. Eastern time.
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