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Economy
Millennials are sinking under the weight of their debts, adding a record $3.8 trillion to the pile…
Millennials are sinking under the weight of their debts, adding a record $3.8 trillion to the pile last quarter. Here's what's driving that — plus 3 tips to get your head above water Yahoo FinanceMany Americans have exhausted their…
Dallas Fed: Housing market is only passing through a modest correction, but ‘tighter than expected’…
Dallas Fed: Housing market is only passing through a modest correction, but ‘tighter than expected’ monetary policy could trigger a ‘more severe’ price drop Fortune'I can't afford to sell because I don't want to lose that rate': 3%…
Fed’s Bowman Sees More Rate Hikes to Reach Inflation Goal – Bloomberg Television
Fed's Bowman Sees More Rate Hikes to Reach Inflation Goal Bloomberg TelevisionFed governor: Interest rates will likely 'continue to increase' to reach inflation goal Fox BusinessInflation could ease faster than Fed believes, reducing…
House panel on China economy: ‘Single greatest threat to America’s global…
House panel on China economy: 'Single greatest threat to America's global standing' Fox BusinessHouse China threat hearing: GOP rep warns of 'devastating' 30 years if US doesn't deter Beijing Fox NewsMcHenry at Hearing on China: We…
Analysis: Markets to central bankers: we don’t believe you
LONDON, Feb 2 (Reuters) - Central bank policy announcements, once viewed as the rule book for how markets should move, are not resonating with traders any more.Take Wednesday's Federal Reserve rate move. The central bank lifted its main…
Fed hikes interest rates a quarter point: What it means for your money
The Federal Reserve on Wednesday made its eighth consecutive rate hike since March of 2022. If there is a glimmer of light for weary borrowers and investors, it's that the increase is the smallest since the central bank began…
AMD delivers a Q4 beat amid industry headwinds
Advanced Micro Devices (AMD) reported a fourth-quarter earnings beat Tuesday, despite ongoing weakness in the PC market, demonstrating the semiconductor firm has the wherewithal to continue to grow and nab market share. Revenue jumped…
Can a trillion-dollar coin end the US debt-ceiling standoff? | Federal Reserve
Picture this: debate over the debt ceiling is in the 11th hour and the US is almost reaching default.Members of Congress are hurrying around the US Capitol, holding press conferences and getting into arguments. As Republicans and…
The market’s going up too much, too fast — listen to the ‘Homestretch’
This is the transcript for the "Homestretch" for Monday:>>> HI, ITS JIM CRAMER WITH THE HOME STRETCH.TODAY IS NOT A GOOD DAY.IT'S NOT A GOOD DAY, I THINK, BECAUSE OF PROFIT TAKING.I THINK THERE'S AN ACCEPTANCE WE HAVE GONE UP…
Americans struggling to make car payments is highest since Great Recession
Autotrader.com executive editor Brian Moody argues a car sales decline coupled with rising inventory could ease prices. A growing number of Americans are falling behind on their car payments, an ominous sign for the U.S. economy as…