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The White House Says It Wants A Strong US Dollar. Investors Are Still Keeping Their Distance.
(Yahoo! Finance) - In 2025, the US dollar suffered its largest annual drop in eight years.
BlackRock Brings Preqin Into Aladdin Private Markets
Aladdin, BlackRock’s investment management and risk platform, has integrated Preqin’s private markets data and technology into its eFront platform.
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Fed to Lift Rates by 75 Basis Points in July, 50 bps in September - Reuters Poll
Fed will deliver 75-basis-point rate hike in July, followed by half-percent-point rise in Sept., won't scale back to .25 till Nov. per Reuters poll.
Veteran Strategist Betting Market Will Avoid Recession
Veteran strategist is betting the market will avoid a recession—and rally a whopping 40% by year-end.
Fed's Powell: Committed to Inflation Fight, Not Trying to Trigger Recession
Federal Reserve is not trying to engineer a recession to stop inflation but is fully committed to bringing prices under control, Jerome Powell said.
JPMorgan’s Mortgage Business Slashing Workforce as Housing Market Cools: Report
JPMorgan Chase is slashing jobs in its home-lending division as rising mortgage rates and inflation drive a slowdown in the housing market.