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Forex news, Company news, Analysis

Russia’s Putin says crypto has ‘value’ — but maybe not for trading oil

Russian President Vladimir Putin delivers a speech during the Russian Energy Week event on October 13, 2021 in Moscow, Russia.Mikhail Svetlov | Getty ImagesRussian President Vladimir Putin thinks cryptocurrencies have ...
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Fed says it could begin ‘gradual tapering process’ by mid-November

Federal Reserve officials could begin reducing the extraordinary help they've been providing to the economy by as soon as mid-November, according to minutes from the central bank's September meeting released ...
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Consumer prices rise more than expected as energy costs surge

Consumer prices increased slightly more than expected in September as food and energy price rises offset declines in used cars, the Labor Department reported Wednesday.The consumer price index for all ...
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Weekly mortgage demand stalls, as rates jump to highest level since June

Prospective homebuyers view a kitchen while touring a house for sale in Helotes, Texas.Matthew Busch | Bloomberg | Getty ImagesMortgage rates continued their trudge higher last week, leaving most homeowners ...
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Fed’s Bullard says bond purchases should be tapered quickly in case rate hikes are needed

St. Louis Federal Reserve President James Bullard advocated Tuesday for the central bank to be aggressive as it starts winding down its monthly bond-buying program in case inflation becomes a ...
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A record 4.3 million workers quit their jobs in August, led by food and retail industries

Workers left their jobs at a record pace in August, with bar and restaurant employees as well as retail staff quitting in droves, the Labor Department reported Tuesday.Quits hit a ...
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Market is about to see the strongest earnings season of year, history shows

Earnings may give stocks a major boost starting this week.Ally Invest's Lindsey Bell finds the third quarter is undeniably the most powerful earnings season for Wall Street."We're starting to think ...
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JPMorgan’s Dimon says supply-chain hiccups will soon ease, points to extraordinary consumer demand

JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US' JP Morgan bank on June 29, 2021 in Paris.Michel Euler| AFP | ...
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Stock futures edge lower to start the week

Traders work the floor of the New York Stock Exchange.NYSEStock futures edged lower Sunday night after finishing near the flat line Friday after investors shook off concerns about a much ...
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Strong wage gains cast doubt that inflation is going away anytime soon

September's wage gains provided more fuel to the argument that the current pace of inflation could run longer than many economists anticipate.Average hourly earnings rose 0.6% for the month, making ...
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Stock market on comeback trail heads into what’s supposed to be another stellar earnings season

A specialist trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York City, October 6, 2021.Brendan McDermid | ReutersStocks proved hard to ...
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Stocks making the biggest moves midday: Marathon Oil, General Motors, Oatly and more

The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021.Daniel Becerril | ReutersCheck out the ...
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September jobs report hints at unemployment benefits’ muted role in pandemic labor market

A Now Hiring sign hangs near the entrance to a Winn-Dixie Supermarket on September 21, 2021 in Hallandale, Florida.Joe Raedle | Getty ImagesThe September jobs report issued Friday offered yet ...
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September’s jobs creation comes up short with gain of just 194,000

The U.S. economy created jobs at a much slower-than-expected pace in September, a pessimistic sign about the state of the economy though the total was held back substantially by a ...
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Stocks making the biggest moves premarket: Tesla, Quidel, Chubb and more

Check out the companies making headlines before the bell:Tesla (TSLA) – Tesla announced it would move its corporate headquarters to Texas from California, with CEO Elon Musk noting the high ...
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Senator Cynthia Lummis discloses a bitcoin purchase worth up to $100,000

Senator-elect Cynthia Lummis, a Republican from Wyoming, stands for a photo at the U.S. Capitol in Washington, D.C., November 9, 2020.Stefani Reynolds | Pool | ReutersSenator Cynthia Lummis, R-Wyo., just ...
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Fed Governor Lael Brainard is in line for a key banking position. Here’s what it could mean for Wall Street

Lael Brainard, governor of the U.S. Federal Reserve, speaks during the National Association of Business Economics (NABE) annual meeting in Arlington, Virginia, on Monday, Sept. 27, 2021.Al Drago | Bloomberg ...
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Jobless claims post sharp decline to 326,000, better than expectations

The total of Americans submitting jobless claims fell sharply last week as enhanced federal unemployment benefits wound down, the Labor Department reported Thursday.Initial filings for unemployment benefits totaled a seasonally ...
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Stock futures are higher after investors’ debt ceiling concerns dwindle

U.S. stock futures edged higher Wednesday night after the Dow Jones Industrial Average reclaimed a 459-point loss from earlier in the day as investor concerns about a debt ceiling deal ...
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Companies hired at a brisk pace in September despite fears about Covid and the economy, ADP says

Companies shook off worries over the Covid delta variant and hired at a faster-than-expected pace in September, according to a report Wednesday from payroll processing firm ADP.Private jobs rose by ...
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