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Warsh’s Return Revives Tensions Over the Fed’s $6.6 Trillion QE Hangover
As Trump mulled his choice for Fed Chair the debate in markets swirled around whether pick would lower interest rates as aggressively as he preferred.
Microsoft’s $381 Billion Rout Exposes Dark Side of the AI Binge
(Bloomberg) - Wall Street’s apprehension about the cost of developing artificial intelligence technology has been simmering beneath the surface of the stock market for months. Now it’s starting to boil over.
Recent
Dip buyers were out in full force
The first week of March was a strange one in financial markets.
Robinhood CEO Rebukes Critics in Call for Ubiquitous Investing
Tenev said investing in financial markets should be as common as shopping on Amazon, defending his brokerage against watchdogs, lawmakers and critics.
Here’s Everything You Need To Know About The New Expanded Child Tax Credit
In the American Rescue Plan is a major expansion of a tax credit designed to help working families with children weather the coronavirus pandemic.
U.S. Economy Will Recover Twice As Fast Thanks To $1.9 Trillion Stimulus And Quick Vaccine Rollout
A Paris-based policy organization expects U.S. GDP to grow 6.5% in 2021—more than double its December forecast of 3.2%.