Tech Stocks Extend Decline, Dragging Indexes Further From Records
The Nasdaq composite has fallen around 2% over the past two days.
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Trump Turns Up the Heat. Fed Chair Jerome Powell Tries to Keep His Cool.
The president and his allies accuse Powell of dragging his feet on interest-rate cuts, in a caustic and unprecedented pressure campaign.
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Trump Considers Firing Fed Official After Accusation of Mortgage Fraud
President calls on Fed governor Lisa Cook to resign after fraud claim. She says, 'I have no intention of being bullied.'
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Stock market may be obscuring 'important realities' about the U.S. economy
The stock market has been pricing in a strong economy, even if "conditions are lining up to disappoint those elevated expectations," says Bob Elliott, co-founder of Unlimited Funds.
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Fed Minutes Reveal Broad Support for Holding Rates Steady Last Month
"Almost all" officials backed July's interest-rate decision, even though two governors backed a rate cut, according to a meeting summary.
The Federal Reserve is now firmly the focus for currency traders.
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U.S. Crude Oil Inventories Fall More Than Expected
Crude oil stocks decreased by 6 million barrels last week as imports fell and exports rose.
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Europe Should Deepen Ties With Non-U.S. Trade Partners, Lagarde Says
"Recent trade deals have alleviated, but certainly not eliminated, global uncertainty, which persists on account of the unpredictable policy environment," Lagarde told a panel on Wednesday.
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Startup Valuations Blast Beyond Historic IPO Market Caps
Only a few tech companies have exceeded $100 billion in their U.S. trading debut, a valuation OpenAI and SpaceX have easily surpassed as private companies.
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Sweden Central Bank Stands Pat, But Says It Could Cut Again This Year
The largest Nordic country's policy rate will be left at 2.00% in a decision widely expected by investors.
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Small Businesses Prove They're Tough. Tariffs Could Still Bring Them Down.
There are signs that hard-earned stability is precarious.
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Trump's Policies Shake Up Foreign Relations. India Stands to Gain.
When friendships go awry, there is often a rush to find new cliques. That is playing out on the international stage.
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U.K. Inflation Gains Pace, Likely Keeping Bank of England From Fresh Rate Cuts
Annual inflation rose to an 18-month high, increasing the chance that BOE policymakers might hold off from cutting rates in the coming months.
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U.S. Allies Still Waiting for Tariff Relief on Autos and Steel
The hastily drafted trade accords leave questions about who promised what.