US Justice Department Seeks Google Chrome Sale To Curb Monopoly
The US Justice Department and a group of states proposed major changes to Alphabet Inc.’s Google — including a forced sale of Chrome web browser.
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Fed's Michael Barr, Like His Boss Jay Powell, Won’t Leave If Trump Tries To Fire Him
The Feds top banking regulator said Wednesday he wouldn’t leave before his term was up even if President-elect Donald Trump tried to fire him.
Non-Recessionary Rate-Cutting Cycle Should Support Credit, Pinebridge Says
PineBridge said it is seeing the start of a rare non-recessionary interest rate-cutting cycle that should support performance of fixed income assets.
Fed's Schmid Says It Is Uncertain How Far Interest Rates Can Fall
It remains uncertain how far interest rates can fall, though initial reductions are a vote of confidence that inflation is returning to its 2% target.
Wall Street Isn’t Panicking With 'Known Entity' Jay Clayton As New Top Cop
Donald Trump’s choice of Jay Clayton to lead an office of prosecutors with a history of pursuing financial crimes is not panicking Wall Street.
The Competition To Become Trump's Treasury Secretary Is Getting More Harried By The Day
The contest for treasury secretary is emerging as a key stumbling block in Donald Trump's presidential transition as candidates rise and fall daily.
Investors Are Uncertain About The Fed's Next Steps
Jerome Powell indicated that the Fed might pause its current cycle of interest rate cuts, leaving the market uncertain about the bank's next steps.
