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Oil futures booked solid weekly gains, boosted by the Federal Reserve's large interest-rate cut and a renewed rise in tensions in the Middle East.
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This reader wonders whether CD rates, high-yield savings accounts and bond ladders are still smart moves, even if interest rates keep dropping.
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Asian equities were largely higher on high volumes driven by FTSE Russell and S&P index rebalances and triple witching in the US, led higher by Japan, Hong Kong, and India outperforming as the Bank of Japan didn't raise interest rates overnight, curtailing the Yen's recent appreciation.
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JPMorgan Chase CEO Jamie Dimon suggests the half-point interest-rate cut is "a minor thing" that Wall Street — not Main Street — is obsessing over.
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A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine'. But he also set out a scenario for a pause — or faster reductions.
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Fed's rate cut sends stocks to record highs. Where are markets headed from here? ABC NewsStock market today: Dow ekes out another record amid winning week Yahoo FinanceStocks close mixed but pull off another week of gains Yahoo FinanceDow, S&P 500 close at record highs after Federal Reserve's supersized rate cut CNN
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Two seemingly disparate themes absolutely dominate the discussion right now around the future of work: the rise of generative artificial intelligence, and the shift to a skills-based economy. Yet these topics—one about pushing the frontiers of digital innovation, the other often tied to advancing workers who may not have college degrees—are more connected than it may seem. Today, these two critical issues intersect in more and more ways, as AI tools help organizations unearth the hidden skills of their workforce, AI advancements require employers to upskill their workforce and AI creates the white space for people to learn and develop in new and expansive ways. The 2024 Forbes Future of Work Summit will explore these two urgent themes and how they converge, as well as managing the distributed workforce, the evolving role of DEI in today's charged landscape and what workers really want in a changed work world.
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Whether he is speaking to retirees, corporate executives or tipped workers, former President Donald J. Trump has made a habit of promising tax cuts that could cost trillions.
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