Finance

Fed avoids shock to independence for now, with Cook to attend meeting; Miran confirmed to open seat

Fed avoids shock to independence for now, with Cook to attend meeting; Miran confirmed to open seat

By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The U.S. central bank opens a two-day policy meeting on Tuesday having skirted, for now, a first-ever effort by the U.S. President to remo...

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Falling before the Fed rate cut

Falling before the Fed rate cut

Mortgage rates continue to move lower, prior to an expected Fed rate cut tomorrow. According to Zillow, the current 30-year mortgage rate is 6.16%, down 12 basis points since Friday. The 15-year f...

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BofA’s Hartnett Sees Stock Rally Extending as Growth Bets Surge

BofA’s Hartnett Sees Stock Rally Extending as Growth Bets Surge

(Bloomberg) — Global equities are likely to rally even higher as a jump in economic growth expectations is keeping stock bulls firmly in control, according to Bank of America Corp.’s Mi...

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Senate confirms White House adviser Miran to Fed post

Senate confirms White House adviser Miran to Fed post

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The Senate voted 48-47 on Monday night to confirm St...

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What is the state pension triple lock and how does it work?

What is the state pension triple lock and how does it work?

Half a million pensioners are to be dragged into paying income tax with the latest rise – fizkes/iStockphoto On April 6 this year, more than 12 million retirees received a 4.1pc boost t...

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OpenAI hires xAI’s former finance chief

OpenAI hires xAI’s former finance chief

OpenAI CEO Sam Altman (left) and Elon Musk (right).Halil Sagirkaya/Anadolu via Getty Images; Marco Ravagli/Future Publishing via Getty Images OpenAI hired xAI’s former finance chief, ...

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