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Tech stocks fell sharply after the market realized the implications of DeepSeek's AI models. But they returned to where they were a week prior before dipping once again on Trump news. Which all ...
Trading ended at 1 p.m. ET on Friday after markets were closed for Thanksgiving. The S&P 500 ended the day up 0.6%, which extended its monthly gain to 5.7% and its year-to-date rise to an ...
According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP), central bank leaders see core inflation hitting 2.5% in 2025 — higher than September's projection of ...
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, Bloomberg Businessweek, Bloomberg Markets, Bloomberg.com, and Bloomberg's mobile platforms.
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U.S. stocks tumbled Friday after the Federal Reserve's most closely watched inflation measure came in stronger than expected, in another sign that price pressures have become sticky into 2023.
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