Thursday, May 2, 2024

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Fed to Buy Corporate Debt; Deaths Surpass 286,000: Virus Update

Fed to Buy Corporate Debt; Deaths Surpass 286,000: Virus Update

(Bloomberg) -- The U.S. central bank on Tuesday will start purchasing eligible exchange-traded funds invested in corporate debt, bringing a key part of the Federal...
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Central bank, job cuts

UAE’s Central Bank Lowers Interest Rates In Line With Fed cuts

The Central Bank of the UAE has lowered interest rates in line with the decrease in interest rates on the US dollar, following the...
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Richest 1% of Americans close to surpassing wealth of middle class

(Bloomberg) -- The U.S.’s historic economic expansion has so enriched one-percenters they now hold almost as much wealth as the middle- and upper-middle classes...
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Global Finance Chiefs Head to IMF, World Bank Amid Slowdown Concerns

(Bloomberg) The guardians of the world economy head to Washington this week under the cloud of a slowing world economy. The annual meetings of the...
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