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Federal Reserve Chair Jerome Powell is slated to communicate Wednesday at the Brookings Institution.

His remarks will arrive as buyers search for clues on long run financial coverage moves by the U.S. central lender.

The Fed has raised charges by 75 basis points at every of its last four conferences. The central financial institution is predicted to hike fees again in December, but only by 50 foundation points, or .5 share level.

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Stocks making the biggest moves midday: Penn Entertainment, Robinhood, Levi Strauss & more

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Check out the companies making the biggest moves midday: Penn Entertainment – The gaming stock dropped more than 5% following the release of weak regional gaming revenue data. On Friday, Iowa and Indiana both reported year-over-year declines in statewide gaming revenues. For Penn Entertainment revenues specifically, Iowa saw a 14% slide compared to last year, […]

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Key Points Office of Management and Budget Director Russell Vought vowed Friday to press an investigation into renovations at the Federal Reserve building. “This is about the largesse and the fact that he has systemically mismanaged the Fed,” Vought told CNBC. The accusations represent another front on Trump’s ongoing campaign against Powell. Source

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Stocks making the biggest moves premarket: Coinbase, Levi Strauss, AMC and more

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Check out the companies making headlines before the bell. Levi Strauss — The denim apparel stock rose 7% after second-quarter results topped expectations. Levi Strauss reported 22 cents in adjusted earnings per share on $1.45 billion of revenue. Analysts surveyed by LSEG were looking for 13 cents per share and $1.37 billion. The company also […]