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Stocks Rise as Powell Sticks to Wait-and-See Tone: Markets Wrap

(Bloomberg) — The stock market remained higher after Jerome Powell reiterated the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts. While the Fed chief didn’t break any new ground, Wall Street got some relief from his views that recent inflation figures did not “materially change” the overall picture. Powell also reaffirmed…

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Bonds Get Some Relief From Powell s Deja-Vu Tone: Markets Wrap

(Bloomberg) — The bond market rebounded from session lows, with Jerome Powell only reiterating the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts. While the Fed chief didn’t break any major new ground, Wall Street got some relief from his views that recent inflation figures did not “materially change” the overall…

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Retailers Turn to Extreme Bargains to Lure Shoppers as Consumer Spending Underwhelms

Retailers Turn to Extreme Bargains to Lure Shoppers as Consumer Spending Underwhelms
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PayPal Has Analysts and Traders Divided as CEO Promises Shock

PayPal Has Analysts and Traders Divided as CEO Promises Shock
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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PayPal Divides Analysts and Traders as CEO Promises Shock

(Bloomberg) Analysts are throwing in the towel while some investors are positioning for stock gains in PayPal Holdings Inc. ahead of an event Thursday at which the company is expected to showcase its innovations. Most Read from BloombergTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearMicrosoft Cuts 1,900 Jobs in Gaming, Including at ActivisionBoeing Blocked From Building More 737s in Hit to Growth PlanAt least four anal

United statesNew yorkSubrat patnaikAlex chrissBret kenwellBloomberg businessweekRheaa raoBrian frankOppenheimer dominick gabrieleMorgan stanleyWestern digitalPaypal holdings incApple incSk hynix incEtoro group ltdFrank capital partners