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The Federal Reserve has been raising its short-term interest rate to reduce inflation. The idea is that higher rates will reduce demand for borrowing (i.e. credit),…

By Ann Saphir, Andrea Shalal and Jeff Mason WASHINGTON (Reuters) -U.S. President Joe Biden on Friday nominated Federal Reserve Governor Philip Jefferson to be the central…

Investing.com – The U.S. dollar edged higher in early European trade Tuesday, while sterling retained strength ahead of this week’s Bank of England policy-setting meeting. At…

Investing.com — It’s another day in the red for oil as economic data in top importer China continues to disappoint while U.S. banking tensions resurfaced with…

© Reuters. FILE PHOTO: A general view of Pacific Western Bank in Huntington Beach, California, U.S., March 22, 2023. REUTERS/Mike Blake/File Photo (Reuters) -Shares of major…

I’m 54, single, and I have saved $100,000. The good news: I also have no debt. I work as a server at a steakhouse, and make…

The pace of cord cutting picked up in the first quarter as the relevance of traditional video continued to fade. More than 2.3 million people in…

So much for the stock-market climbing the proverbial wall of worry. The S&P 500 index continues to struggle in a tight range and some analysts see…

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