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Bessent: Not Unreasonable To Have Discussion On Practices Of Credit Card Companies
Scott Bessent said it was not unreasonable to have a discussion on the practices of credit card companies and a number of things can be considered.
Global Investors Hit 'Hyper-Bull' As Hedging Collapses, Says BofA Survey
Global fund managers are the most bullish since July 2021, January's Bank of America survey showed on Tuesday.
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Governments Worldwide Provide $536B in Annual Subsidies to This One Industry
Billionaire investor Mario Gabelli is getting in on the action. Here’s how you can too.
Investors Should Brace for “Unsettling Volatility,” Says Mohamed El-Erian
Investors need to prepare for “unsettling volatility,” and the S&P 500 could plunge back to June lows. El-Erian said, cautioning of upcoming mayhem.
Are Commission-Free Brokerages Ripping You Off? The SEC Doesn't Think So: Morning Brief
Bloomberg reports the SEC has decided not to ban payment for order flow, known as PFOF. That critics say saddle individual traders with hidden fees.
The Era of Inflation Has Ended — for Asset Prices on Wall Street
As Fed intensifying fight against inflation sinks every asset on Wall Street, investors are asking: Why buy now when things could get cheaper still?