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Lorie Logan, the President of the Dallas Federal Reserve Bank, said today that she sees inflation making progress towards the Federal Reserve's 2% target. Speaking at an event in El Paso, Texas, Logan...
SEATTLE - Two Estonian nationals were extradited to the United States from Estonia to face charges in a $575 million cryptocurrency fraud and money laundering scheme. Sergei Potapenko and Ivan...
NEW YORK - A former investment banker and registered broker was sentenced to 41 months in prison for orchestrating a cryptocurrency investment fraud that caused approximately $1.5 million in losses to...
By Abigail Summerville (Reuters) -U.S. stocks ended lower on Thursday, with the Nasdaq falling more than 1% and technology shares leading declines after a disappointing Salesforce (NYSE:CRM)...
(Reuters) -A technical glitch affecting the dissemination of market data for the S&P and Dow Jones indexes for more than an hour on Thursday has been resolved, S&P Dow Jones Indices said. Trading...
New York Federal Reserve President John Williams stated on Thursday that there is "ample evidence" that the current monetary policy is having a restrictive impact, signaling a cautious stance on any...
Over the past decade, today’s mega-capitalization stocks have markedly outperformed the S&P 500, driven by their rapid revenue and earnings growth. However, whether these companies will maintain their...
The S&P 500 has once again exceeded expectations in the latest quarter, delivering an earnings per share (EPS) surprise of +7.8%, notably above the seven-year pre-pandemic average of 5.24%. In terms...
The robust rally in stocks this year is likely to lose momentum as a rise in bond yields coincides with higher valuations, a Goldman Sachs strategist told Bloomberg TV. “Bond yields are going up, and...
Market strategists are warning of a potential pullback in the S&P 500 this June, driven by a temporary liquidity drain. Broker-dealer Strategas Research said in a Wednesday report it expects a $130...
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