Fed's Kashkari Wants Significant Progress On Inflation Before Rate Cuts
Minneapolis Fed President Neel Kashkari said in an interview that the U.S. central bank should wait for progress on inflation before cutting rates.
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Washington Pushes For New AI Rules Protecting Artists as Hollywood Backlash Mounts
Senators are pushing to introduce a bill that would set rules governing the use of artificial intelligence in the music and movie industries.
‘Bond King’ Bill Gross Warns Trump Would Worsen Deficits And Be ‘More Disruptive’
If Donald Trump returns to the White House, it would worsen budget deficits and the bond market would suffer more than under another Joe Biden term.
The White House Keeps Talking Up Fed Independence. It Could Be A 'Message' To Wall Street.
The White House in recent weeks made it clear President Biden and his allies see the independence of the Federal Reserve as a 2024 campaign issue.
Goldman Sachs CEO says Fed Unlikely to Cut Rates This Year
Goldman Sachs CEO David Solomon said on Wednesday he does not expect the Federal Reserve to cut interest rates this year.
Biden Long Avoided Touting Stock Market Gains. Now He Can't Resist.
Joe Biden spent his first few years in office trying to reverse a hallmark of the Trump era: Touting whenever the stock market hit a new milestone.
FDIC Chair Martin Gruenberg Will Resign
Martin Gruenberg, head of the FDIC, will step down following a scathing independent investigation.
