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DJT Shares up 25 Percent After Trump Says He's 'Not Selling'
Shares of Trump Media and Technology Group jumped more than 25% Friday after majority owner and former President Donald Trump said he's not selling his stake in the Florida-based company, CNBC reported.
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Deutsche Bank Raises S&P 500 Year-End Target to 5,750
Deutsche Bank has raised its year-end target for the benchmark S&P 500 index to 5,750 points from 5,500, citing rising stock buybacks, strong corporate earnings and robust inflows, boosted by strong risk appetite.
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JP Morgan Chase CEO Fears Stagflation - How Concerned Should We Be?
Jamie Dimon, head of one of the biggest banks in the world, expressed concerns that what many people think could be almost the worst possible scenario for the U.S. economy is, in fact, a very real possibility.
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Fed Nearly as Likely to Cut Rates by 50 Bps as 25 Bps
The Federal Reserve is nearly as likely to deliver an outsized interest-rate cut next week as a more-usual-sized reduction, trading in rate-futures contracts suggested Friday, as financial markets priced in a bigger chance that the Fed will move more aggressively.
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Dollar Falls, Gold Hits Record Ahead of Fed Decision
The dollar fell Friday to its lowest this year against the yen and gold hit a record high after an overnight upheaval in investor expectations for a super-sized Federal Reserve interest rate cut next week.
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The One Big Question Everyone Has for the Fed
After this week's inflation report, the stage seems to be set for the Federal Reserve to cut interest rates at next week's Federal Open Market Committee (FOMC) meeting. But the one big question everyone has is, will the Fed cut interest rates by 25 basis points (0.25%) or...
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Wall Street Reacts to Fiery Debate: 'No Knockout Blow'
Wall Street reacted much differently than the mainstream media to the outcome of Tuesday's presidential debate between Republican candidate Donald Trump and Democrat candidate Kamala Harris, with traders saying it did not have as much of an impact.
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US Crypto Stocks Fall on Rising Bets of Harris Win
U.S. cryptocurrency stocks fell in premarket trading Wednesday after Democratic candidate Kamala Harris put her Republican rival Donald Trump on the defensive in a combative presidential debate.
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Gold Edges Higher as US Inflation Data Looms
Gold prices inched higher Wednesday as the dollar eased, with traders' attention turning to key U.S. inflation data that may influence the Federal Reserve's next policy decision.
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Treasury Yields Drop as Betting Odds of Harris Win Rise
U.S. Treasury prices rallied Wednesday, pushing benchmark 10-year yields to a new 15-month low, as the probability of a win in the November presidential election by Democrat Kamala Harris rose after a televised debate against Republican Donald Trump.
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Wall St Worries Harris Taxes Would Hit Corporate Profits
Wall Street is anticipating a hit to corporate earnings and the stock market if Democratic presidential candidate Kamala Harris wins in November and enacts promised tax increases.
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US Election Is Just One Risk for Nervous Stock Market
Growing risks to the U.S. stock rally are spurring demand for portfolio hedging, options markets showed, as investors grapple with U.S. economic uncertainty, shifting Federal Reserve policy and a looming presidential election.
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Global Stock Market Plunge: Why the Volatility May Not Be Over
The recent stock market crash, marked by a dramatic sell-off that wiped out billions in value, left investors across the globe in a state of shock.
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The Viral Chase Banking 'Glitch' Showed Just How Dismal Financial Literacy Is
Over the holiday weekend, much like I assume you did, I spent time with my family enjoying our time off together, but as everyone started slipping off to do their own thing on Sunday night, I picked up my phone to mindlessly scroll through TikTok for a bit.
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Gold Rises as Fed Rate Cuts Near, Inflation Data on Radar
Gold prices gained Monday on mounting expectation of a Federal Reserve rate cut next week, while investors awaited the U.S. inflation report for further clues on the potential size of the cut.
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Equity Foothold Post-Payrolls, New iPhones & Debate
Wall Street futures have found their feet after Friday's exaggerated market reaction to an otherwise middling employment report - with Apple's new iPhone and Tuesday's presidential candidates' debate next up on the radar.
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Wall St Week Ahead: Economic Worries Back on Radar
Uncertainty over the U.S. economy's health is rippling through markets, adding fuel to an already-volatile period that has investors grappling with a shift in Federal Reserve policy, a tight U.S. election and worries over stretched valuations.
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Generating Sustainable Income Streams in Retirement
Running out of money in retirement is one of the top retirement worries among Americans. It can be a scary moment when you go from getting a regular paycheck to relying on your savings for income.
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Bitcoin Is Following the 2020 Script ... And That's Good
Crypto is testing investors' patience...The bull market has ground to a halt. It's already been six months since bitcoin (BTC) made new highs.
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Fed Gets Green Light on Rate Cuts as Job Growth Disappoints
Federal Reserve policymakers got a green light to start a round of interest rate cuts this month after a government report Friday showed U.S. employers added far fewer workers than economists had expected in August and July.
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Equity Funds See Major Outflows on Growth Concerns
U.S. equity funds experienced their largest weekly outflow in 12 weeks by Sept. 4, driven by heightened investor anxiety about the economic outlook as they awaited crucial labor market data.
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Hedge Funds Unload Stocks for 5th Consecutive Month
Hedge funds around the world offloaded stocks for a fifth consecutive month in August, and at their fastest pace since March 2022, Goldman Sachs said in a note seen by Reuters.
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Morning Bid: All About Them Payrolls
Friday looks set to play out like a concentrated version of what markets have been navigating all year - what's the fine balance for the U.S. economy to both dodge recession and allow interest rates to come down at the same time.
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Mark Cuban: Harris' Tax Plan Spells Trouble for Stocks
Billionaire investor Mark Cuban cautioned that Democrat presidential nominee Kamala Harris' proposed tax plan might severely impact the stock market during a recent appearance on CNBC's "Squawk Box," The Daily Caller reported.
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Central Banks Double Gold Purchases Despite Record Prices
The law of supply and demand is one of the bedrocks of economics. And for most goods the higher the price of the good, the less quantity of that good is demanded.