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Tag Archives: finance

Wall Street Closes Higher After Fed Says Will Keep Rates Low

NEW YORK (AP) — Stocks closed higher Wednesday, reversing an early slide after the Federal Reserve reassured Wall Street that it expects to keep its key interest rate near zero through 2023. The central bank’s renewed commitment to leaving rates at rock bottom lows comes even as its latest economic forecast calls for growth of…

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Stocks Fall as Investors Mull Inflation Concerns, Recovery

NEW YORK (AP) – Stocks fell in afternoon trading on Monday, adding to the declines that started last week as investors continue to be concerned about rising interest rates and the potential for inflation down the road. The S&P 500 was down 0.3% as of 1:01 p.m. Eastern, pulled down by technology and health care…

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Data is King on Wall Street; 2 Providers Join in $44B Deal

NEW YORK, N.Y. (AP) — The value that Wall Street places on access to billions of bytes of data, rather than old-school stock picking, became abundantly clear Monday as two of the biggest providers of such information become one in the biggest takeover of the year. S&P Global announced that it would acquire IHS Markit,…

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Nasdaq Seeks Mandatory Board Diversity for Listed Companies

NEW YORK, N.Y. (AP) – The Nasdaq stock exchange is seeking U.S. authority to require more diversity in the boardrooms of Nasdaq-listed companies, or to explain why they can not. It is the first major exchange to pursue such a requirement. The proposal filed with the U.S. Securities and Exchange Commission on Tuesday, if approved,…

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