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Investing
Fed’s Bostic says he doesn’t see first rate cut until late next year
The Federal Reserve may not cut interest rates until late 2024, Atlanta Fed President Raphael Bostic said Friday. In an interview on CNBC, Bostic was asked…
Fed has to get away from meeting-by-meeting ‘guessing game’ on interest rates, Mester says
Cleveland Federal Reserve President Loretta Mester said Friday that the central bank will have to find a way next year to get away from the constant…
Why Chip Makers Favor Arizona
To the Editor:Along with Taiwan Semiconductor Manufacturing’s $40 billion investment in Arizona, Intel is investing $20 billion in expanding its already large…
Blue Apron, E2open, and More Stocks See Action From Activist Investors
These disclosures are from 13Ds filed with the Securities and Exchange Commission. 13Ds are filed within 10 days of an entity’s attaining more than 5% in any…
Shopping for an EV? There are some big discounts right now
Thanks to growing competition in the market, and some reticence from consumers, automakers and car dealers are offering huge discounts on…
Rite Aid Files for Bankruptcy, the Latest in a Growing Trend
Rite Aid
filed for bankruptcy this past week, adding to a growing list of companies going bust in 2023. By the end of September, 516 U.S.…
Bitcoin climbs above $30,000 for first time since August as hopes for ETF approval intensify
Bitcoin surmounted the $30,000 level on Friday for the first time since August, inspired by hopes that the U.S. Securities and Exchange Commission will soon…