Tag: breaking news
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SK Hynix surges 11% after filing for blockbuster Nasdaq listing
Shares of South Korean chip giant SK Hynix surged 11% on Thursday after the company said it is seeking to raise as much as $29.4 billion.
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Stocks making the biggest moves after hours: FedEx, Cerebras, KB Home & more
See which stocks are posting big moves after the bell.
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Factory job cuts in June neared financial crisis and Covid levels, S&P says
Though the firm’s manufacturing index ran better than expected for June, it came largely from an inventory rebuild and despite sharp job cuts.
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‘Regime change but in a velvet glove’: How Kevin Warsh has set out to remake the Fed
The first big announced changes point toward a quiet revolution, with task forces set up to rethink virtually everything done at the Fed.
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AI buildout gives tech investors new reasons to watch bond market
Tech giants are depleting cash reserves and raising debt in their ambitious data center buildouts, a dynamic that’s forcing investors to watch interest rates.
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South Korea’s Kospi extends record run as Asia markets open mixed; Samsung, SK Hynix hit all-time highs
Asia-Pacific markets were set to trade mixed on Friday as investors assessed the durability of a U.S.-brokered peace agreement with Iran.
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Trump administration temporarily cuts student loan interest rates for borrowers on autopay
The Trump administration announced it will offer federal student loan borrowers who sign up for autopay a larger interest rate discount.
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Markets are set for a much more hawkish Warsh Fed than expected
Fed Chairman Kevin Warsh’s tough talk on inflation Wednesday reverberated through financial markets.
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Here are the five big takeaways from Kevin Warsh’s first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
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Fed holds rates steady, pares down statement to remove cutting bias
The Federal Reserve on Wednesday released its interest rate decision.
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