The S&P 500, rising 10 percent, set the pace as investors looked forward to interest rate cuts.
Category: United States Economy
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Investors Pour Money Into Wall St. as Stocks Set New Highs
The influx of cash reflects optimism about the economy and company earnings despite high interest rates and stubborn inflation.
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In the Markets, a Tug of War Between Big Tech and the Fed
On Wall Street, excitement about A.I. outweighs concern about interest rates. But rocketing stocks could make it tough for the Federal Reserve to cut rates.
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The Fed Stays the Course on Rates
Markets are cheering the central bank’s forecast for three interest rate cuts this year. But Fed policymakers are divided on the issue.
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Biden Suggests a Bigger Federal Role to Reduce Housing Costs
A new report focuses on the prolonged struggle to build affordable housing across America and suggests federal incentives to help.
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U.S. Debt Races Toward Record This Decade, C.B.O. Warns
Recently passed spending limits have slightly improved the nation’s fiscal outlook.
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What to Watch Today From the Federal Reserve Meeting
The central bank is not expected to change interest rates, but its economic projections will be in focus.
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What the Fed’s Rate Moves Could Mean for Loans, Mortgages and Savings
Higher rates benefit those who can save, but for borrowers, falling rates would reduce bills on credit cards, student loans and other forms of debt.
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What to Watch on Wednesday as the Federal Reserve Meets
The central bank is not expected to change interest rates, but its economic projections will be in focus.
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Intel to Receive $8.5 Billion in Grants to Build Chip Plants
The award, to be announced by President Biden at a plant in Arizona, is the biggest the government has made under a new program that aims to rebuild the nation’s semiconductor manufacturing industry.
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Japan’s Labor Market Has a Lesson for the Fed: Women Can Surprise You
Japan’s improved labor force participation for women is a reminder not to assume that job market limits are clear and finite.
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Biden’s Climate Law Has Created a Growing Market for Green Tax Credits
New Treasury Department data shows companies have registered 45,500 projects for possible sale on a new tax-credit marketplace.