• November 14, 2024

US regulator looks to put Google under federal supervision, Washington Post says

(Reuters) - The U.S. Consumer Financial Protection Bureau (CFPB) has taken steps to put Alphabet's Google under formal federal supervision, the Washington Post reported, potentially mounting yet ano...

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• November 14, 2024

Fed's Kugler says Fed has made good progress on achieving mandates

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve governor Adriana Kugler said Thursday the central bank has made considerable progress in working to achieve its job and inflation goals, wh...

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• November 14, 2024

US Producer Prices Rise, Risking Pressure in Fed’s Favored Gauge

(Bloomberg) -- US producer prices picked up in October, fueled in part by gains in portfolio management costs and other categories that feed into the Federal Reserve’s preferred inflation gauge. ...

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• November 14, 2024

Traders keep bets on Dec rate cut after latest US economic data

(Reuters) - Futures tied to the Federal Reserve's policy rate edged down after data showed wholesale prices firmed a little more than expected last month, though not enough to suggest traders have l...

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• November 14, 2024

US wholesale inflation picks up slightly in sign that some price pressures remain elevated

WASHINGTON (AP) — Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to completely vanquish inflationary pressure. Thursday's re...

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• November 14, 2024

US weekly jobless claims fall; unemployment rolls shrink

WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along and that the abrupt slowdown in j...

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• November 14, 2024

Kugler Says Fed Must Focus on Both Inflation and Jobs Goals

(Bloomberg) -- Federal Reserve Governor Adriana Kugler said policymakers must keep their focus on both the central bank’s inflation and employment goals, pointing to a cooling labor market and slowe...

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• November 14, 2024

JD’s Results Fail to Impress as Chinese Economic Fears Persist

(Bloomberg) -- JD.com Inc.’s quarterly revenue rose 5.1%, a moderate expansion that suggests Chinese consumers are only cautiously spending again as Beijing tries to revitalize the economy. ...

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• November 14, 2024

Polymarket founder awakes to find Feds raiding his New York home—his company blasts it as ‘obvious political retribution’ for predicting Trump win

“New phone, who dis?” With those four words posted on social media, Polymarket’s 26-year old founder Shayne Coplan made light of a Kafkaesque turn of events that began when he reportedly woke...

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• November 14, 2024

Bitcoin Briefly Tops $93,000 on Trump Agenda, Fed Policy Outlook

(Bloomberg) -- Bitcoin spiked above $93,000 for a short period as expectations of further interest-rate reductions by the Federal Reserve added to the impetus from President-elect Donald Trump’s pro...

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