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$7.25/Hour No Longer Enough: Survey Shows What Americans Want As Minimum Wage Amid Tough Times

By Ramakrishnan M
May 26, 4:41 AM
In today’s economy, with rising prices and the increasing cost of living, the current federal minimum wage of…

AMZN

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  • Economics
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Paul Krugman Believes Ratings Agencies ‘Are Just Irrelevant’ — ‘I’m Terrified About The Possible Implications Of Actual Default’

By Bhavik Nair
May 26, 12:29 AM
Nobel laureate and noted economist Paul Krugman said he’s terrified of the possible implications of an actual default…

SHY

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Will Friday’s PCE Inflation Release Raise Traders’ Bets of Further Fed Rate Hikes?

By Piero Cingari
May 25, 12:34 PM
The personal consumption expenditure (PCE) price index, the Federal Reserve's favored gauge of inflation, will be announced on Friday, May 26. 

UUP

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  • Economics
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‘Lawmakers Near Deal On Energy Permitting In Debt Ceiling Talks’ – Washington Post

By Happy Mohamed
May 25, 11:28 AM
https://www.washingtonpost.com/climate-environment/2023/05/25/energy-permitting-reform-debt-ceiling/ Lawmakers are nearing a modest deal on overhauling the nation’s permitting process for energy projects as part

SPY

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Unemployment Claims Fall Short Of Expectations Signaling Tight Job Market; Q1 GDP And Core PCE Revised Higher

By Piero Cingari
May 25, 9:02 AM
The U.S. job market continues to display strength and durability, while both the U.S.

GLD

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Nasdaq Futures Soar As Nvidia Sparks Tech Frenzy: Analyst Warns AI Optimism Masks Looming Earnings Recession

By Shanthi Rexaline
May 25, 6:53 AM
Sentiment appears to be mixed on Thursday, as tech stocks look poised for a strong rally, propelled by Nvidia Corp.’s (NASDAQ: NVDA) sensa

ADSK

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Robert Kiyosaki Says Debt Ceiling Deadlock Like Japanese Kabuki Theater, Calls Impasse A ‘Bad Comedy’

By Bhavik Nair
May 25, 2:33 AM
“Rich Dad, Poor Dad” author Robert Kiyosaki has likened the ongoing debt ceiling deadlock to the Japanese Kabuki theater while saying the whole thing is “a bad comedy.”

BTC

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Jim Cramer Warns Politicians ‘Aren’t Done Hurting You’ On Debt Ceiling: ‘Most Of Us Need To Take The Pain’

By Bhavik Nair
May 25, 12:50 AM
Prominent market commentator Jim Cramer reportedly warned investors on Wednesday that politicians are going to cost them money…

QQQ

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  • Economics
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Debt Ceiling Standoff Fallout — Fitch Ratings Puts US AAA Rating On Negative Watch

By Bhavik Nair
May 24, 10:14 PM
It was Wall Street that showed the first signs of cracks on Tuesday as debt ceiling stand-off continued…

QQQ

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Stocks Sell Off Post-FOMC Minutes: Traders Anticipate June Fed Pause, July’s Hike Uncertain

By Piero Cingari
May 24, 4:14 PM
Wednesday was a risk-off session in markets, with stocks resuming their downtrend following the publication of the May FOMC meeting minutes. 

SPY

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