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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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‘Irrational Exuberance’ Stock Gauge Sparks Fresh Bubble Worries
US stocks have snapped back from throes of April’s tariff selloff, the pipeline of new SPACs is rebounding and Cathie Wood’s flagship fund is on tear.
Biggest US Banks Hike Dividends, Announce Share Buybacks After Acing Stress Tests
US banking giants announced plans on Tuesday to raise their third-quarter dividends after clearing the Federal Reserve's annual health check.
S&P 500 Hovering Near All-Time Highs as Wealth Managers and Investors Reposition Portfolios
US equities close out Q2 on strong note. S&P 500 hovers near highs. Wealth mgrs and investors position portfolios around anticipated Fed rate cuts.
Powell Isn't Taking a July Rate Cut Off the Table for Fed
Fed Chair Powell didn’t rule out interest rate reduction this month but agreed that central bank would have cut rates by now if not for the tariffs.