Major U.S. equity indexes kicked off the week by reaching fresh highs, setting the stage for a week packed with significant events including Federal Reserve Chair Jerome Powell’s Congressional testimony,…
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Fed
The “Fed” refers to the Federal Reserve System, the central banking system of the United States. It manages monetary policy, regulates banks, and maintains the stability of the country’s financial system, impacting interest rates, inflation, and overall economic health.
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Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a $243.6 million fine to settle a U.S. Justice Department investigation into two fatal 737 MAX…
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U.S. job growth likely moderated in June, with the unemployment rate remaining steady at 4%, boosting hopes that the Federal Reserve can tame inflation without triggering a recession. The Labor…
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In today’s rapidly evolving financial landscape, online banking has emerged as a major player, offering unprecedented convenience and flexibility. As traditional brick-and-mortar banks integrate more digital services, purely online banks,…
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The COVID-19 pandemic, a once-in-a-century global event, profoundly impacted various aspects of human life. Among its most significant effects was a radical shift in our saving and spending habits. This…
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French authorities are poised to charge Nvidia (NVDA.O) for purported anti-competitive behavior, according to sources familiar with the matter. This move marks the initial regulatory action against the prominent computer…
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Consumer spending has been a stalwart of the U.S. economy, defying recession forecasts in 2023 and showing resilience amidst persistent inflation and historically high interest rates. However, recent indicators suggest…
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Economic inequality is a pervasive and multifaceted issue that affects societies globally, influencing various aspects of life, from health and education to social mobility and political stability. It refers to…
- Business
NTSB Sanctions Boeing for Leaking Non-Public Details of 737 MAX Investigation
by Ivyby IvyThe National Transportation Safety Board (NTSB) announced early Thursday that it is sanctioning Boeing for disclosing non-public details related to an ongoing investigation into a 737 MAX mid-air emergency. The…
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American consumer confidence showed a slight decline in June as expectations for the near-term future weakened, according to the latest report from the Conference Board. The Consumer Confidence Index fell…
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