Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 15, 2019 in New York City. Drew Angerer | Getty Images Consumer inflation and the outcome of the European Central Bank’s rates meeting could both be market movers Thursday, ahead of the Fed’s meeting
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Jim Cramer Scott Mlyn | CNBC CNBC’s Jim Cramer said on Wednesday that Federal Reserve Chairman Jerome Powell should be cutting interest rates further, but should not go to negative rates as President Donald Trump suggested. “Negative rates, no. You don’t want negative rates. That’s just a sign that we’re not a robust economy,” said
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hept27 | iStock | Getty Images More and more college graduates are regretful. A recent survey by Fidelity found 40% of graduates would now make different decisions about their education if they could. Half of college grads polled by Gallup wish they’d studied something else or attended another institution. Graduates’ regrets are mostly financial, Fidelity’s
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Michael Cohen, the former personal attorney of President Donald Trump, departs the U.S. Capitol after testifying before a closed House Intelligence Committee hearing on Capitol Hill in Washington, February 28, 2019. Joshua Roberts | Reuters Michael Cohen has agreed to cooperate in an investigation into whether the Trump Organization falsified business records, a source familiar
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By Uri Dadush and Laurence Kotlikoff Thirty months into President Trump’s radical trade policy, and as the trade disputes with China <a href=”https://www.reuters.com/article/usa-trade-china/wrapup-7-trump-hits-china-with-more-tariffs-sharply-escalating-trade-dispute-idUSL4N24X4MO”>escalate</a> and risk turning into a currency war, it is time to take stock. The president promised to sign <a href=”https://thehill.com/opinion/white-house/420023-president-trumps-fight-for-a-better-trade-deal-with-china”>far better trade deals</a>, ensure fair treatment of American firms and <a href=”https://www.npr.org/2019/03/06/700650144/despite-trumps-promises-the-trade-deficit-is-only-getting-wider”>reduce
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Jeffrey Sherman Adam Jeffery | CNBC DoubleLine Capital’s Jeffrey Sherman believes the August rush into Treasurys may have been overdone and said that those worried over a potential economic slowdown in the U.S. may be better served buying gold. Sherman, who serves as DoubleLine’s deputy chief investment officer, said in an interview with CNBC.com that
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Customers outside a Game Stop store. Guido Krzikowski | Bloomberg | Getty Images Shares of GameStop fell more than 15% in extended trading Tuesday after the company reported second quarter earnings and sales that missed analysts’ expectations while significantly lowering its same-store sales forecast. The company has been struggling to grow sales as consumers increasingly
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