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Fed’s relaxed bank-capital plan faces FDIC pushback, Bloomberg News reports

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(Reuters) - The U.S. Federal Reserve's watered-down version of a landmark bank capital proposal is facing resistance from the Federal Deposit Insurance Corporation, a...
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Stock market today: Wall Street drifts near its records as FedEx slumps and Nike sprints higher

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NEW YORK (AP) — Wall Street is quieter on Friday, and U.S. stocks are drifting after they leaped to records the day before during...
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Asian stocks follow Wall Street’s rate-cut rally higher, as BOJ stands pat

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HONG KONG (AP) — Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the Federal...
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BOJ Holds for Now While Mulling Timing of Next Rate Hike

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(Bloomberg) -- The Bank of Japan kept policy unchanged Friday as it avoided a repetition of the market meltdown that followed its July rate...
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Asian stocks follow Wall Street’s rate-cut rally higher, as BOJ stands pat

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HONG KONG (AP) — Asian stocks surged on Friday with Japan’s Nikkei leading regional gains after Wall Street romped to records following the Federal...
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Stock Rally Set to Extend, Yen Dips Before BOJ: Markets Wrap

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(Bloomberg) -- Asia was set to extend a rally that pushed global stocks to fresh highs as jobs data supported the view the Federal...
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Biden says Fed made ‘declaration of progress’ with interest rate cut

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WASHINGTON (AP) — President Joe Biden said Thursday the Federal Reserve's decision to lower interest rates was “an important signal” that inflation has eased...
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US 30-year fixed-rate mortgage falls to 6.09%

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WASHINGTON (Reuters) - U.S. mortgage rates dropped to the lowest level in more than 1-1/2 years this week and could fall further after the...
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Mortgage rates inch closer to 6% following Fed rate cut

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Average 30-year fixed mortgage rates fell again this week to 6.09%, though the move wasn’t directly tied to the Federal Reserve’s rate cut on...
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Bank stocks rise on Fed rate-cut rally

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US bank stocks surged Thursday following a jumbo rate cut from the Federal Reserve, a sign of bullishness among investors who now expect an...
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Weekly applications for US jobless benefits fall to the lowest level in 4 months

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The number of Americans applying for unemployment benefits fell to their lowest level in four months last week.Jobless claims slid by 12,000, to 219,000,...
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S&P 500, Nasdaq jump as markets digest Fed’s big rate cut: Yahoo Finance

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The Dow Jones Industrial Average, S&P 500, and Nasdaq are set to recoup Wednesday’s losses. All three of the major indexes closed lower after...
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