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Markets are counting on the Fed to head off recession with sizeable interest rate cuts
How Chair Jerome Powell and his cohorts react likely will go a long way in determining how investors negotiate a turbulent climate.Read More...
San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens
Progress on inflation and a clear slowdown in hiring likely will drive the Fed to some extent of policy easing, Daly said Monday.Read More...
Summer is ‘high season’ for flight delays. Here’s what travelers need to know
Financial compensation for flight delay and cancelation varies by airline.Read More...
JPMorgan Chase is opening more small-town branches in middle America
CEO Jamie Dimon is embarking on his 14th annual bus tour on Monday, with his first stop in Iowa, where the bank plans to open 25 more branches by 2030. Read More...
Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’
Chicago Federal Reserve President Austan Goolsbee spoke Monday morning on CNBC's "Squawk Box" program.Read More...
Apple shares drop 7% after Warren Buffett’s Berkshire Hathaway slashes stake by half
Berkshire Hathaway disclosed in its earnings filing that it dumped a little more than 49% of the Apple stake.Read More...
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