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Saturday, January 11, 2025

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Fed Governor Waller sees central bank ‘getting closer’ to an interest rate cut

Federal Reserve Board Governor Christopher Waller poses before a speech at the San Francisco Fed, in San Francisco, California, U.S., March 31, 2023. Ann...

Here are 6 buying categories cheaper today than they were before the pandemic

It's the nature of prices to go up over time, even in low-inflation environments. Historically, the target for the U.S. Federal Reserve has...

Gold heads for record high close on view that Fed is poised to cut rates

An employee handles one kilogram gold bullions at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Chalinee Thirasupa...

Small caps are the hottest trade going in the stock market right now and they’re up again Tuesday

Traders work on the floor of the New York Stock Exchange (NYSE) on July 11, 2024 in New York City. Spencer Platt | Getty...

Many Americans think they’re insulated from climate change. Their finances indicate otherwise

A delivery driver takes a break in the shade during high temperatures in Philadelphia on June 21, 2024.Joseph Lamberti/Bloomberg via Getty ImagesMany Americans...

Jim Cramer says Amazon stock is a buy ahead of its Prime Day event — here’s why

Amazon is a buy ahead of its annual Prime Day starting Tuesday — even as the stock has rallied hard this year. That's...

How AI and automation will reshape grocery stores and fast-food chains

AI isn't just a hyped innovation in the tech sector; the food industry is also investing heavily in the red-hot trend.Americans heading to...

Burberry shares drop 10% after the luxury giant issues profit warning and replaces CEO

Pedestrians walk past a Burberry Group Plc store, left, in the Causeway Bay shopping district of Hong Kong.Xaume Olleros | Bloomberg | Getty...

China reports second-quarter GDP growth of 4.7%, missing expectations

Chinese-made cars wait to be loaded onto a ship for export at Yantai Port on July 12, 2024, in Shandong province of China.Vcg...

JPMorgan Chase tops second-quarter revenue expectations on strong investment banking

JPMorgan Chase on Friday posted second-quarter profit and revenue that topped analysts' expectations as investment banking fees surged 52% from a year earlier.Here's...

We’re locking in great gains on shares of this stellar off-price retailer and padding our cash

We're selling 50 shares of TJX Companies at roughly $115. Following Friday's trade, Jim Cramer's Charitable Trust will own 750 shares of TJX,...

Here’s the deflation breakdown for June 2024 — in one chart

Inflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for consumers.Deflation measures how...

JPMorgan’s Jamie Dimon warns inflation and interest rates may stay higher

Jamie Dimon, President & CEO,Chairman & CEO JPMorgan Chase, speaking on CNBC's Squawk Box at the World Economic Forum Annual Meeting in Davos, Switzerland...

Wells Fargo shares tumble after net interest income falls short of estimates

Wells Fargo on Friday reported a 9% decline in net interest income, even though its second-quarter earnings and revenue exceeded Wall Street expectations.Here's...

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