Philadelphia fed report articles
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Fed signals soothe global stocks ahead of Apple report
World markets have showed relief after the US Federal Reserve shot down talk of more interest rate hikes, while the yen back-pedalled after another suspected bout of intervention and Apple earnings loomed large for Wall Street. Europe had a sluggish morning on Thursday as much of the region returned from a day off but after […]
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Report: Feds to formalize foreign entity rules for EV tax credit
The U.S. Treasury Department could issue clarifications on federal EV tax-credit eligibility rules as early as Friday, reports Transport Topics. Citing anonymous sources familiar with the matter, the report claims the federal government is ready to issue rules relating to its "foreign entities of concern" requirement. Specifically, vehicles with
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Fed stays on pause, Qualcomm, Etsy, Zillow report: Yahoo Finance
The Federal Reserve Open Market Committee has left its fed funds target range unchanged. In its statement, the Committee says there has been a "lack of further progress" in bringing inflation down to its 2% target. Earnings are also driving the action on Wall Street with the likes of Qualcomm (QCOM), Etsy (ETSY), MGM Resorts (MGM), and Zillow (Z) set to report. Trending tickers on Yahoo Finance include Starbucks (SBUX), Super Micro Computer (SMCI), and CVS Health (CVS). Top guests today include:...