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Bank of America CEO flags big risk to Fed's soft-landing hopes
That could test the Fed's ability to deliver the so-called soft landing it has long hoped for, where inflation is returned to a consistent level of around 2% without tipping the economy into
Consumers saying "enough's enough" is helping to tame inflation
The great inflation spike of the past three years is nearly spent - and economists credit American consumers themselves for helping to slay it.
Bank of America CEO says stretched consumers are turning into nation of bargain hunters and companies are cutting price to respond
The era of post-pandemic revenge spending is over, and that could spell the end of greedflation-driven corporate profits.
Many insurance companies are raising their homeowners’ deductibles from 1% to 2%
Watchdog reader Paul Barth of Dallas calls it “Homeowners Policy Shock.” No, it’s not the name of a rock band. It’s the surprise homeowners feel when they learn about the newest way insurance
Asian shares are mixed, with Tokyo closed, as more tests for markets loom
Asian shares were mixed in calm trading on Monday ahead of big reports this week on the state of the U.S. economy. Hong Kong's Hang Seng edged 0.2% higher, to 17,120.23 and the Shanghai Composite
KeyCorp Stock Surges After a $2.8 Billion Scotiabank Investment
Key Takeaways KeyCorp shares surged Monday morning after the bank announced a $2.8 billion investment from the Bank of Nova Scotia.Scotiabank will acquire about 163 million shares by the first
Apple Stock Faces Buffett, Google Headwinds. Here’s What Matters More.
Apple stock hasn’t had the best time lately, rocked by a share sale from Warren Buffett, and fears over the ramifications of an antitrust ruling against Google. It’s time to forget that and focus on
As LL Flooring goes bankrupt, here are the 94 stores holding closing sales
LL Flooring, formerly known as Lumber Liquidators, has filed for bankruptcy, which it plans to use to pursue a “going concern” sale of its business.
Inflation is easing but Americans still aren't feeling it
Inflation has eased but Americans still worry about the total rise in prices since COVID. They still shop at discount stores and buy store-brand items
Musk Will Interview Trump on X. Why DJT Stock Is Slipping.
Trump Media shares were trading lower ahead of X owner Elon Musk's interview with Republican presidential candidate Donald Trump.
Morgan Stanley just added these 3 safe stocks to their 'buy' list with the market expected to stay choppy
Morgan Stanley expanded its list of recommended equities with three high-quality stocks, as the bank veer further into defensive positioning. These names could help shield against ongoing macro
Only One Interest Rate Cut Expected By September—As Emergency Cut Potential Evaporates
Forget the massive emergency interest rate cut floated by some in the depths of earlier this month’s panic about the U.S. economy: the market now narrowly expects the Federal Reserve to take the same
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