Economy

“Assessing Financial Conditions: Are They Tight Enough?” By Reuters

By Ann Saphir Dallas Federal Reserve Bank President Lorie Logan expressed support on Tuesday for the decision to keep the…

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EU Digital Chief Urges TikTok and X to Enhance Clean-Up Efforts, According to Reuters

BRUSSELS – The European Commission’s Vice President, Vera Jourova, has emphasized the need for video-sharing app TikTok and social media…

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Federal Reserve Governor’s Remarks on US Bond Yields Stir Market Speculation

Christopher Waller, a Federal Reserve Governor, recently referred to the substantial increase in US bond yields as an “earthquake,” stirring…

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Yellen Warns Republicans’ IRS Funding Cuts Could Undermine Customer Service Goals, According to Reuters

By David Lawder WASHINGTON – U.S. Treasury Secretary Janet Yellen announced on Tuesday that the Internal Revenue Service (IRS) will…

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US Regulator Plans Overhaul of Federal Home Loan Bank System, According to Reuters

By Pete Schroeder WASHINGTON – The U.S. regulator in charge of the Federal Home Loan Banks has released a report…

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Fed Governor Bowman Voices Concerns Over Proposed Banking Regulations

Federal Reserve Governor Michelle Bowman expressed her concerns regarding proposed banking regulations during the 2023 Ohio Bankers League meeting held…

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Blackstone’s CFO Chae Sees Soft Landing as Inflation Cools Faster Than Anticipated

Blackstone’s Chief Financial Officer, Michael Chae, expressed a “cautiously optimistic” outlook on the possibility of a soft landing for the…

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US Stocks Rebound, Treasury Yields Stabilize After CPI Debate – Reuters

By Stephen Culp NEW YORK – Wall Street reversed an earlier sell-off to close higher on Wednesday, as market prices…

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Trump’s Tax and Spending Plans Would Add Twice the Debt Compared to Harris’, Budget Group Reports

By David Lawder WASHINGTON (Reuters) – A recent analysis by a budget-focused think tank indicates that the tax and spending…

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Europe’s STOXX 600 Stays Steady as Attention Turns to ECB

By Pranav Kashyap and Shubham Batra European shares ended the day with little change as gains in technology stocks were…

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