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Chicago Fed President Goolsbee says inflation is too high, calls Warsh ‘a serious guy’
In a live CNBC interview from his home district, the policymaker declined to speculate on where he thinks interest rates are headed.Read More...
Bond ETF flows surge in hunt for yield: ‘Market sniffing out something here,’ says BlackRock exec
Bond investors are abandoning aggregate benchmarks in favor of a broad mix of fixed-income investments to maximize yield with the stock market on edge.Read More...
JPMorgan names Doug Petno and Troy Rohrbaugh co-presidents as longtime exec Marianne Lake exits
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Wendy’s shares soar for a second day as retail investors pile into their new meme darling
The stock's advance appeared largely disconnected from company fundamentals and instead reflected a burst of social-media enthusiasm.Read More...
Investors still seek a human touch even with AI tools at hand: HSBC
Investors are still turning to the judgment of a professional adviser in their last investment decision, despite using AI tools, a HSBC survey found.Read More...
JPMorgan Chase unveils $50 billion buyback, Goldman Sachs raises dividend after Fed stress test
The announcements followed the release of the Federal Reserve's annual stress test, which found that all 32 large banks weathered a hypothetical recession.Read More...
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