Author: super@dmin
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A scenario for new U.S. stock-market highs is developing
While global growth is slowing, the Fed is seen as supporting the U.S. economy. That’s already on display with some tech stocks.
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Capitol Report: DeMarco says Senate hearing was ‘constructive’ step toward taking Fannie Mae, Freddie Mac out of conservatorship
The former head of Fannie Mae’s and Freddie Mac’s chief regulator said a Senate hearing was a “constructive” step in moving toward taking the mortgage giants outside of government conservatorship.
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The eviction crisis is starting to look a lot like the subprime mortgage crisis
Stable housing is increasingly out of reach for many Americans, as both rentals and homes to own grow more expensive and options dwindle. Evictions may be one of the most visible manifestations.
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The Fed: Fed’s Daly says globalization is a key reason why inflation is so low
San Francisco Fed President Mary Daly said Tuesday globalization is keeping workers and businesses from raising prices.
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The Ratings Game: Bed Bath & Beyond upgraded twice, shares soar after investor activism revealed
An activist group would like to see the board of Bed Bath & Beyond replaced.
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Encore: Two-income couples are surprisingly unprepared for retirement — here’s why
Spouses don’t realize when they need to save for two.
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The Fed: House Democrat calls Powell’s testimony on bank deregulation ‘disingenuous at best’
Rep. Katie Porter, a freshman Democrat from California, said Tuesday she’s unhappy with answers she received from Fed Chairman Jerome Powell during his testimony to the House Financial Services Committee late last month.
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Market Snapshot: Stocks rise on energy, health care sectors as tepid data cap upside
U.S. stocks shook off some of their recent doldrums to trade higher Tuesday as energy and health care sectors buoyed the market. A resumption of U.S.-China trade negotiations also helped to reignite some optimism that the high stakes protracted dispute is coming to a close.
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Democratic-leaning states say they’re feeling the pain from the new tax law
New York and three other states said in court papers that pressure is rising from the SALT cap.
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The Technical Indicator: Bull trend survives shot across bow, S&P 500 narrowly holds major support
Technically speaking, the S&P 500 has weathered an aggressive late-month market downdraft, narrowly maintaining major support, writes Michael Ashbaugh.