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Investing
The Fed doesn’t actually control its key interest rate. Here’s what does
The Federal Reserve has a lot of sway over the US economy and financial markets. But there’s one thing it doesn’t have: the ability to get…
UPenn’s new interim president describes ‘profoundly painful’ period and calls for new chapter
J. Larry Jameson, the University of Pennsylvania’s newly installed interim president, called the past few weeks of turmoil a “profoundly…
US businesses and consumers participate in global strike to demand a ceasefire in Gaza
Haraz Coffee House in Dearborn, Michigan, is usually teeming with customers eager for a taste of its delicious Yemeni coffee – but on Monday…
AMC’s stock falls more than 5% after company completes $350 million equity offering
AMC Entertainment Holdings Inc. shares fell more than 5% Tuesday after the company completed its latest at-the-market equity offering, raising approximately…
US wholesale inflation dropped to 0.9% annually in November
US inflation at the wholesale level cooled even further last month as energy prices continued to tumble, according to data released Wednesday…
Cal-Maine reports avian flu in Kansas facility, stock takes a hit
Cal-Maine Foods Inc. has detected the avian flu pathogen at one of its facilities in Kansas, affecting about 684,000 laying hens, or 1.6% of the egg…
Wall Street is more concerned with the Fed than war overseas
Titans of finance have been warning for months that looming geopolitical dangers are the biggest threat by and large to the US economy. But…