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Watch Jamie Dimon and other bank CEOs get grilled by Congress in second day of hearings

[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a player above at that time.] The heads of seven of the biggest U.S. banks, including JPMorgan Chase CEO Jamie Dimon and Citigroup’s Jane Fraser, are set to testify Thursday before the Senate Committee on Banking, […]

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‘A real game changer’ — Citi is the latest employer to offer workers a free college degree

In today’s job market, tuition assistance has become one of the more popular incentives companies are using to attract and keep workers. Now, some employers are going a step further, with free college programs to provide even greater financial support. Most recently, Citi announced it is offering fully funded degrees from partner schools, including the […]

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Bond yields dip following news of lower inflation expectations

The New York Fed’s Survey of Consumer Expectations showed that in August Americans expected inflation to be 5.7% one year ahead. That is down from 6.2% in July and the lowest reading since October 2021. On the data front, investors will be watching the release of the U.S. year-on-year inflation and core inflation rates, and […]

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Treasury yields tick lower as investors digest previous week’s data

Bonds yields ticked downward on Monday, as investors digested the previous week’s wave of data releases and questioned whether the U.S. Federal Reserve may slow its tightening cycle on improved inflation news. The yield on the benchmark 10-year Treasury note was 2 basis points lower at 2.824% as the week began, while the yield on […]

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Cramer’s lightning round: Sunrun is too speculative for me

“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source link

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Business

The confusing job market: Tech and finance brace for the worst, retail is mixed, travel can’t hire fast enough

Passengers at an American Airlines gate at the Dallas/Fort Worth International airport in Dallas. Scott Mlyn | CNBC It wasn’t long ago that Amazon, Shopify and Peloton doubled their workforces to manage through the pandemic surge, while Morgan Stanley staffed up to handle a record level of IPOs, and mortgage lenders added headcount as rock-bottom […]

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Treasury yields climb to start August as investors weigh recession prospects

U.S. Treasury yields rose on Monday to begin August as investors continue to assess the prospects for an economic recession. At around 6:22 a.m. ET he yield on the benchmark 10-year Treasury note was up at 2.658% while the yield on the 30-year Treasury bond climbed to 3.02%. Yields move inversely to prices. The 2-year […]

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U.S. Treasury yields edge higher ahead of key Fed decision

U.S. Treasury yields pushed higher on Wednesday as investors geared up for a key policy decision from the Federal Reserve. The yield on the benchmark 10-year Treasury note rose 1 basis point to 2.8068% by 1:30 a.m. ET, while the yield on the 30-year Treasury bond moved 2 basis points higher to 3.0284%. Yields move inversely to prices and […]

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U.S. Treasury yields edge lower ahead of key Fed decision

U.S. Treasury yields fell on Tuesday as investors geared up for more corporate earnings this week and a key policy decision from the Federal Reserve. The yield on the benchmark 10-year Treasury note fell 4 basis points to 2.7795% while the yield on the 30-year Treasury bond fell 4 basis points to 3.0032%. Yields move inversely to prices and […]

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U.S. Treasury yields nudge higher ahead of Fed meeting; recession risk in focus

U.S. Treasury yields rose on Monday as investors geared up for a big week of corporate earnings and a key policy decision from the Federal Reserve. At around 3:05 a.m. ET, the yield on the benchmark 10-year Treasury note climbed to 2.7941% while the yield on the 30-year Treasury bond was up at 3.0268%. Yields […]