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Erosion Of Fed Independence Would Be 'Credit Negative' For US Rating, Fitch Says
Erosion of Fed independence would be 'credit negative' for US rating, Fitch says.
Congress On Track To Avoid Shutdown And Soften Trump Spending Cuts
The US Congress is set to avoid another government shutdown later this month by passing compromise bills.
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Investors Rush to Pour Cash Into $7.4 Trillion US Money-Market Fund Industry
The rush of cash into the US money-market funds is showing few signs of slowing as it secured a record $7.4 trillion in assets.
Northern Trust Stock Surges on Reported Merger Talks With BNY
Northern Trust shares surged almost 6% in premarket trading Monday after Bank of New York Mellon reportedly approached smaller bank about merger.
Self-Proclaimed Social Media Finance Influencer, Pleaded Guilty to Orchestrating Ponzi Scheme
Tyler Bossetti, self-proclaimed social media finance influencer, pleaded guilty to orchestrating Ponzi scheme that defrauded investors of over $11Mn.