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TL;DR Both the ADP Jobs Report and US Bureau of Labor Statistics Jobs Report showed much better than expected figures in April The Fed raised rates…
After a series of unfortunate events, this week began with the loss of another highly regarded financial institution. Given these developments, depositors are needing assurance, and…
By David Morgan WASHINGTON (Reuters) – President Joe Biden and top Republicans and Democrats from Congress are set to sit down this week to try to…
By Karen Brettell NEW YORK (Reuters) – The dollar gave back earlier gains against the euro but stayed stronger against the yen on Friday after jobs…
WASHINGTON (Reuters) -Two Republicans on Monday asked a congressional watchdog to assess the Biden administration’s management of the Strategic Petroleum Reserve and audit its modernization program,…
© Reuters. FILE PHOTO: The Trenton Channel Power Plant, a coal-fired electricity plant operated by DTE Energy, is seen in Trenton south of Detroit, Michigan, U.S.…
One of the biggest near-term risks to financial stability in the U.S. would be further interest-rate hikes, according to a semiannual Federal Reserve report on financial…
After a sometimes contentious day-long meeting Saturday, California’s reparations task force approved a sweeping set of recommendations — including potentially hundreds of billions of dollars in…
PayPal Holdings Inc. beat estimates with its quarterly results Monday, but its shares were headed lower in after-hours action as Wall Street unpacked how much of…
U.S. stocks posted a mixed finish Monday, struggling for direction as investors weighed a Federal Reserve survey of loan officers for signs of a credit crunch,…