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Diverging Fed-ECB Policy Outlook Widens U.S.-German Yield Differential
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Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
Treasury Yields Fall Slightly After Fed Decision
The U.S. central bank confirmed expectations by holding interest rates unchanged.The Wall Street Journal - World - Federal Reserve -
Metals Fall Ahead of Fed Policy Decision
Metal prices traded lower, with gold falling back below $2,300, as traders further temper expectations on the timing of U.S. interest-rate cuts this year.The Wall Street Journal - World - Federal Reserve -
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
Yields on U.S. government debt finished at their lowest levels in a week or more on Wednesday, after Federal Reserve Chair Jerome Powell delivered comments seen as more dovish comments than what was implied by the central bank’s own policy statement.MarketWatch - Business -
The Fed isn’t cutting rates, but these four banks are already paring rates on high-yield savings accounts
The Federal Reserve’s benchmark interest rate is staying put for now, but a handful of large banks are starting to trim the rates they offer on their high-yield savings accounts.MarketWatch - Business - Federal Reserve -
The European Union is investigating Meta’s election policies
Yahoo News - World -
Puig Policy to Exclude Next Generation Can Help Ease Succession Concerns
As succession drama grips corners of the luxury world, Puig’s decision to ban its next generation from working there is getting a favorable view ahead of its initial public offering.The Wall Street Journal - World -
Puig Policy to Exclude Next Generation Can Help Ease Succession Concerns
As succession drama grips corners of the luxury world, Puig’s decision to ban its next generation from working there is getting a favorable view ahead of its initial public offering.The Wall Street Journal - Business -
Clariant Confirms Outlook as Profits Rise
Clariant reiterated its full-year outlook after it reported an improved earnings margin in the first quarter, helped by lower raw material prices and a strong performance at its aviation business.The Wall Street Journal - Business -
Haleon Keeps Outlook as Profits Rise
Haleon reported a 2% rise in underlying profits for the first quarter despite lower revenue, and maintained its full-year guidance and buyback plan.The Wall Street Journal - World
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UnitedHealth Under Fire in Congressional Hearings Over Cyberattack
Congress aggressively questioned UnitedHealth Group’s response to the hack of its Change Healthcare unit in hearings Wednesday.The Wall Street Journal - World -
U.S. Financial Markets Regulator Names First Chief Artificial Intelligence Officer
Commodity Futures Trading Commission has promoted Ted Kaouk to the chief data and artificial intelligence officer role.The Wall Street Journal - World -
Harvey Weinstein to Face New Trial: What's Next?
Prosecutors are saying they will be ready as soon as September to try the former Hollywood producer again for alleged sexual misdeeds.The Wall Street Journal - World -
Hundreds of Protesters Arrested as Universities Blame Outsiders for Escalating Violence
Police cracked down on pro-Palestinian encampments at Columbia, UCLA and other college campuses.The Wall Street Journal - World -
Dropbox Reports Cyberattack on Dropbox Sign Product
Dropbox said Wednesday that certain user data had been accessed in a cyber breach in its Dropbox Sign product.The Wall Street Journal - World