Shoppers wearing protective masks push shopping carts inside a Costco store in San Francisco, California, on Wednesday, March 3, 2021. David Paul Morris | Bloomberg | Getty Images The pace of consumer inflation is likely to have returned to prepandemic levels in March, and it is expected to heat up even more in the next […]
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Two friends sit on the sea wall on a warm sunny Easter Sunday at Chalkwell beach on April 04, 2021 in Southend-on-Sea, England. John Keeble | Getty Images News | Getty Images LONDON — U.K. Prime Minister Boris Johnson said Monday it is too soon to make a decision on foreign travel but is “hopeful” […]
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Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., January 31, 2018. Brendan McDermid | Reuters The woes that arose from Archegos Capital Management at the end of last week bled into Monday as a slew of big banks saw their share prices decline. Here’s how the $20 […]
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Federal Reserve Chair Jerome Powell holds a news conference following the Federal Reserve’s two-day Federal Open Market Committee Meeting in Washington, July 31, 2019. Sarah Silbiger | Reuters Federal Reserve Chairman Jerome Powell said Monday that cryptocurrencies remain an unstable store of value and the central bank is no hurry to introduce a competitor. “They’re […]
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The Dow and S&P 500 both hit new records on Monday as investors grew optimistic about the economic reopening from the pandemic. The Dow Jones Industrial Average rose 174.82 points, or 0.5%, to a record close of 32,953.46. Monday was its seventh positive trading session in a row, the longest winning streak since August. The […]
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