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Market players are beginning to fear a critical policy mistake from the central bank

Market players are beginning to fear a critical policy mistake from the central bank

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A screen displays a Federal Reserve rate announcement as a trader works (inside a post) on the floor of the New York Stock Exchange (NYSE) in New York, June 15, 2022. Brendan McDermid | Reuters The US Federal Reserve last week took a hawkish tone on fighting inflation through monetary policy, but analysts are concerned …

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Market players are beginning to fear a critical policy mistake from the central bank

Market players are beginning to fear a critical policy mistake from the central bank

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A screen displays a Federal Reserve rate announcement as a trader works (inside a post) on the floor of the New York Stock Exchange (NYSE) in New York, June 15, 2022. Brendan McDermid | Reuters The US Federal Reserve last week took a hawkish tone on fighting inflation through monetary policy, but analysts are concerned …

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Goldman et al on the impact of the US IRA, climate bill on global stocks

Goldman et al on the impact of the US IRA, climate bill on global stocks

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The Biden administration passed the largest climate law in history in August, giving a boost to a handful of US-listed clean energy stocks. The $430 billion Inflation Reduction Act, also known as the Climate Act, includes $369 billion for energy security and clean energy allocations. The bill extends broadly into the renewable energy sector — …

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MicroStrategy President Michael Saylor has been charged with tax evasion by DC AG

MicroStrategy President Michael Saylor has been charged with tax evasion by DC AG

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D.C. Attorney General Carl Racine has charged MicroStrategy co-founder and CEO Michael Saylor with evading $25 million in county taxes in a new lawsuit filed Wednesday. The lawsuit also mentions MicroStrategy as a defendant. Racine alleges that the company conspired to help Saylor evade taxes. The AG office said it is seeking to recover a …

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Despite recession fears, most investors haven't transferred 401(k) assets

Despite recession fears, most investors haven’t transferred 401(k) assets

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Anchorage photos | E + | Getty Images Many investors fear a recession amid high interest rates, high inflation and stock market volatility. But the majority haven’t changed their investment portfolios, according to research by Fidelity Investments. The report found that only 5% of 401(k) and 403(b) investors transferred asset allocations during the second quarter …

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44% of Americans think they can achieve billionaire status

44% of Americans think they can achieve billionaire status

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Michael Bloomberg, (right) founder of Bloomberg LP, and Lloyd Blankfein, Chairman and CEO of Goldman Sachs Group, at the 10,000 Small Business Partnership (1OKSB) event in London on December 14, 2016. Chris Ratcliffe | Bloomberg | Getty Images Mixed feelings about excessive wealth At the same time, most Americans have a love-hate relationship with obscene …

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Market headwinds could worsen as stocks enter traditionally the worst month of the year

Market headwinds could worsen as stocks enter traditionally the worst month of the year

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Stocks are entering what is historically the worst time of the year, and this journey could prove especially challenging with more Federal Reserve action expected to hang in the market. The S&P 500 fell, on average, 0.56% in September, harking back to World War II, according to the CFRA. The index was negative 56% of …

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Walmart-owned Sam's Club raises annual membership fees for the first time in 9 years

Walmart-owned Sam’s Club raises annual membership fees for the first time in 9 years

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A banner hangs outside a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson | Getty Images Walmart-owned Sam’s Club said Wednesday it will raise its annual fee this fall, as warehouse club membership hovers at a record high and bloated shoppers seek deals on bulk merchandise. The fee will increase to …

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