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Fed Vice Chair Jefferson says interest rates could stay higher for longer if inflation persists

Federal Reserve efforts to reduce inflation hit snag

AMD’s stock can surge 40%, this new bull says — even as Nvidia still dominates

HSBC turns bullish on AMD shares, saying there won’t just be one winner in the market for AI GPUs.

IMF projects sharply stronger growth for U.S. in 2024

The outlook for the global economy is for continued solid growth and declining inflation, bolstered by stronger-than-expected growth in the United States, the International Monetary Fund said Tuesday.

You just got a higher credit limit. Does that mean you can spend more?

Credit card limits can be much higher than what most of us can afford to spend. Here are the pros and cons of a higher limit.

Housing starts plunge in March amid housing shortage

Construction on new U.S. homes fell nearly 15% in March, the Commerce Department said Tuesday.

European bank stocks are a better bet than U.S. peers, says JPMorgan

Investors should consider buying European bank stocks ahead of their U.S. counterparts, according to analysts at JPMorgan.

Crude oil reverses most of April gains as traders shrug off Middle East tensions

A brief overnight bump in crude-oil prices reversed early Tuesday as traders bet that the White House’s opposition to an Israeli counterattack against Iran would help to de-escalate a standoff that has rattled global markets, sources said.

UnitedHealth swings to a loss but stock surges after adjusted profit beats views

Health insurer books a near $700 million hit from Change Healthcare hack during the quarter, sees more costs coming

People who say they go to religious services weekly are probably lying, study finds

In what looks to be a clear violation of the Ninth Commandment, people are dramatically overestimating how frequently they attend religious services.

Stock-market pullbacks are price of admission, says strategist who expects bumpy gains

Keith Lerner, chief market strategist at Truist Advisory Services, said it’s normal for markets to pull back — only three years out of the last 40 was there not a pullback of more than 5%.

Tesla’s earnings pressure builds as ‘gut-punch’ executive departure is confirmed

Tesla Inc. confirmed large-scale job cuts on Tuesday, as well as the departure of a key executive — moves that add pressure ahead of the company’s earnings report next week.

Cutting interest rates is misguided and the easy money would only fuel inflation

The Federal Reserve should keep credit conditions tight for now.
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