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JPMorgan Says Buy Dip In Defense Stocks After Trump Comments
JPMorgan Says Buy Dip in Defense Stocks After Trump Comments
Rieder Odds Rising For Fed Chair After Trump Calls BlackRock Executive ‘Very Impressive’
BlackRock fixed income chief Rick Rieder’s star is rising as a potential Federal Reserve chair following flattering remarks from President Trump.
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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.
Markets Acting as Though Favorable Outcome is Imminent Despite No Substantive Progress
Despite the absence of any finalized trade deals, equity markets appear to be pricing in a clear U.S. victory in the ongoing trade negotiations.
DOL Halts Enforcement of Independent Contractor Rule Targeting Financial Advisors
DOL suspended enforcement of Biden-era rule that many financial advisors feared would force reclassification of independent contractors as employees.
IRS Lost 31% of Tax Auditors in DOGE Downsizing, Report Says
IRS lost 31% of auditors from buyouts and layoffs tied to Musk’s DOGE departures that are likely to hamper agency’s ability to go after tax cheats.