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Tag: inflation

Fed Chairman Powell announces major policy shift in approach to inflation

Thursday, August 27, 2020 10:37 am1 Comment

The U.S. Federal Reserve announced a major policy shift Thursday, saying that it is willing to allow inflation to run higher than…

Dow plunges 800 points in worst day of 2019

Wednesday, August 14, 2019 4:27 pmWednesday, August 14, 20199 Comments

A selloff in U.S. stocks accelerated into Wednesday afternoon after the bond market flashed its brightest warning signal…

Analyst: Goldman Sachs spends $350 for every Apple Card customer; may lose money on credit card in the next recession

Wednesday, August 14, 2019 4:11 pm1 Comment

An analyst estimates that Goldman Sachs spends $350 to acquire each new Apple Card holder and thinks the bank will begin to break even on a customer after four years…

U.S. Treasury bond curve inverts for first time since 2007 in recession warning

Wednesday, August 14, 2019 8:49 amWednesday, August 14, 20197 Comments

In a classic sign of investor concern that the world’s biggest economy could be heading for recession, the U.S. Treasury bond yield curve inverted on Wednesday for the first time since 2007…

Venezuelan currency madness values a local bank more than Apple Inc.

Friday, August 11, 2017 9:26 amFriday, August 11, 201733 Comments

What does it take to surpass Apple Inc. as the world’s most valuable traded company?


Federal Reserve Chair Janet Yellen fuels stock market rally

Wednesday, July 12, 2017 5:00 pmWednesday, July 12, 201712 Comments

Stocks were at session highs on Wednesday, July 12, as congressional testimony from Federal Reserve Chair Janet Yellen…

Fed raises interest rate, signaling confidence in American economy

Wednesday, June 14, 2017 5:30 pmWednesday, June 14, 201722 Comments

Demonstrating confidence in the health of the American economy, the Federal Reserve..

Apple joins other foreign brands in raising prices in Japan

Friday, May 31, 2013 8:31 am6 Comments

Apple Inc hiked prices of iPads and iPods in Japan on Friday…

U.S. markets set to open lower after disappointing unemployment, inflation data

Thursday, April 14, 2011 9:25 amThursday, April 14, 201117 Comments

Wall Street stocks were set for a lower open on Thursday as worries…

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