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Fed’s Jefferson Supported Last Week’s Rate Cut, But Wants To Move Slowly On Further Cuts
Federal Reserve Vice Chair Philip Jefferson that he supported cutting rates at the last policy meeting but wants to move slower before the next one.
Schwab Notches A $660 Million Deal Agreement With Private Asset Firm Forge Global Holdings
Charles Schwab (SCHW) said Thursday that it's buying publicly traded investing platform Forge Global Holdings (FRGE).
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Wall Street Pros To See Their Biggest Bonus Bump Since 2021 — And Just About Every Banker Will Enjoy The Spoils
Wall Street's optimism going into 2025 looks like it was right on the money. Most everyone's year-end bonuses, doled out next year, are going up.
A Top Analyst Warned Of A ‘Prisoner’s Dilemma’ And ‘AI Wobble’ In The Stock Market Just Days Before Palantir Seemed To Confirm Everyone’s Fears
A top market analyst’s warning in late October about a looming “prisoner’s dilemma” and an “AI wobble” in the stock market became prescient this week.
Crypto’s Big-Money Backers Hit Hard As Stock Premiums Plunge
The trade was simple — and worked until it didn’t. Wrap crypto in a stock ticker. Call it innovation. Ride the wave.
Corporate America Is Trying To Tell Us Something About The Economy, Top Analyst Says
A 3-year recession for ‘much of the private economy’ ended in April.