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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.
‘Weaponizing’ $10 Trillion Of US Assets Is Tough Ask For Europe
As Europe considers how best to respond to US President Donald Trump’s latest threats there’s one extreme potential countermeasure fueling debate.
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Broker-Dealers Face Multi-Billion Dollar Fee Disruption as ETF Share Class Momentum Builds
Brokerage firms stand to lose up to $30Bn annually in fees if regulators approve the widespread adoption of ETF share classes for mutual funds.
Trump Aims at 'Fool' Powell After Fed Rate Hold
Trump resumed his attacks on Federal Reserve Chair Jerome Powell Thursday, calling the central bank boss a "fool" who "doesn't have a clue."
PIMCO Sees Heightened US Recession Risks, FT Reports
U.S. bond giant PIMCO told the Financial Times that recession risks are at their highest in years and warned investors.