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At Goldman And Citadel Securities, The Santa Rally Has Believers
Traders who spent December wondering if the typical year-end “Santa Claus rally” was going to kick in may be getting what they’ve been waiting for.
NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward
NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.
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Wall Street banks and their staff are leaning left
Wall Street banks and their employees have been leaning left in recent years, increasing the proportion of cash allocated to Democrats.
Gary Cohn wants $1 trillion to save the U.S. economy
Cohn says the government must spend $1 trillion now to rebuild the country’s infrastructure and save small businesses from coronavirus-related failure
Pelosi Awaits Mnuchin Virus Offer Today as Hope for Vote Fades
The three months of squabbling over a new round of virus relief moved no closer to a resolution over the weekend.
Progressives push for Warren as treasury secretary, signaling bigger ideological battle if Biden wins
Progressives are pushing hard to see Elizabeth Warren leading the Treasury Department.