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U.S. companies are finding it cheaper to borrow from the investment-grade market, buoyed by a wave of ratings upgrades, faster earnings growth, and…
Recent data indicates the labor market is cooling, but it's been gradual through slower hiring rather than outright job cuts.
U.S. Senator Ron Wyden says the massive hack on the company's Change Healthcare subsidiary was preventable.
"Fed officials will view today's report as showing some cooling in consumer spending, which points to less inflationary pressure. Our view of the U.S. economy is not as optimistic."
The firm's slumping stock price jumps 36% after management announces bitcoin will be their primary treasury reserve asset.
The Conference Board's gauge of current consumer sentiment increased to 102 in May, from an upwardly revised 97.5 in April.
"The odds of us raising rates are quite low, but I don't want to take anything off the table."
BlackRock's LifePath Paycheck offering gives participants in defined-contribution plans access to guaranteed income through a target-date fund.
"I still don't see the data that's compelling to see we're going to cut rates here."
FOMC officials believe interest rate policy is "well-positioned" but mentioned a willingness to tighten further if warranted.
