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Buyers believe that aggressive Fed will hold stock marketplace down for the relaxation of 2022, CNBC study displays
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Buyers imagine intense Fed will keep stock industry down for the rest of 2022, CNBC survey exhibits
Finance
Bessent says interviews for ‘incredible group’ of potential Fed chairs will start after Labor Day
Key Points Treasury Secretary Scott Bessent said he will begin interviewing candidates for Fed chair soon as the White House whittles down what has suddenly become a crowded field of 11 candidates. In a CNBC “Squawk Box” interview, Bessent repeated the administration’s desire for easing, saying it would help the moribund U.S. housing market. Source
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Finance
Stocks making the biggest moves premarket: Intel, Palo Alto Networks, Best Buy and more
Check out the companies making headlines before the bell. Intel – Shares of the chipmaker jumped around 6% after it was announced that SoftBank will make a roughly $2 billion investment in the company, paying $23 per share for Intel’s common stock. This comes as the U.S. government reportedly has been considering taking a stake […]
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Finance
Stocks making the biggest moves midday: Meta Platforms, Duolingo, Target, Dayforce, TeraWulf and more
Check out some of the companies making the biggest moves midday: Meta Platforms — The parent of Instagram and Facebook is planning the fourth overhaul of its artificial intelligence operations in six months , The Information reported late Friday, according to Reuters. Meta fell nearly 3% Monday. TeraWulf — The bitcoin miner and AI computing […]
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