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Here's everything to expect from the Fed meeting that will move markets on Wednesday
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Fed’s Bostic expects inflation to keep coming down — but slowly
The U.S. economy is slowing down, albeit at a glacial pace, and this should help inflation continue to gradually cool, Atlanta Federal Reserve Bank President Raphael Bostic said Monday.MarketWatch - Business -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Here's everything we know about world No. 1 Scheffler's arrest
Scottie Scheffler's Friday morning at the PGA Championship was a whirlwind after his early-morning arrest and tee time, which he made. Here's what happened.Yahoo Sports - Sports -
US green energy push expected to generate $47bn market in tax credits
Oil companies, banks, private equity and others partner with renewables developers to offset liabilitiesFinancial Times - World -
Meet the AI-Powered Campaign Builder for People Who Don't Like Marketing
Don't know what 'omnichannel' means? A novel marketing tool from Constant Contact could be your new best friend.Inc. - Business -
Some data in the market-moving CPI report was released early by the Labor Department
Information about Wednesday's critical consumer price index release circulated early on the Bureau of Labor Statistics website.CNBC - Business -
The job market for college grads is cooling. Here's where the jobs are.
Forecasts show that employers are likely to hire fewer newly minted college grads this year. But there are pockets of job growth.CBS News - Top stories -
Fed’s Barkin says consumers are driving inflation. Here’s what they’re willing to pay more for.
The service sector “has changed their view” and believes consumers will accept higher prices and are going to raise them until households balk.MarketWatch - Business -
Fed’s $7.3 trillion balance sheet is worrying the world’s largest asset manager. Here’s why.
Any moves to shorten the Federal Reserve’s asset holdings could potentially trigger a backlash in markets.MarketWatch - Business -
X finally moves away from Twitter.com
The social platform X, formerly known as Twitter, has taken the final step to complete it rebrand, ditching Twitter.com. The site’s URL now reads X.com, a pop-up told users. The change comes about a year and a half after billionaire Elon Musk ...The Hill - Politics
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McDonald's franchisee group says $5 value meal can't last without company investment
The $5 value meal will hit menu boards beginning June 25 and will last roughly a month.CNBC - Business -
One dead, 30 injured as Singapore Airlines flight encounters severe turbulence
One person has died aboard a Singapore Airlines flight which was diverted to Bangkok due to turbulence.CNBC - Business -
Biden to release 1 million barrels of gasoline to reduce prices at the pump ahead of July 4
The Biden administration will release 1 million barrels of gasoline from reserves held in the Northeast to reduce prices ahead of the July 4 holiday.CNBC - Business - Joe Biden -
Pixar is laying off 14% of its workforce as Disney scales back content
About 14% of the workforce at Disney's Pixar Animation Studios, or around 175 employees, are being laid off.CNBC - Business