Investors spent Wednesday betting that the Federal Reserve (Fed) would not only cut rates by 25bp in September but could even deliver a jumbo rate cut, after CPI data released the day before came in softer than analysts expected. Fed doves now see a huge opportunity for the central bank to focus on the slowing […]
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Fidelity’s latest research findings come at a moment when oil trades near $100 a barrel, the University of Michigan’s consumer sentiment gauge has fallen to a record low, and the S&P 500 has rallied sharply. Read more…
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Just because a market needs a store does not mean that retailers can make money operating in that area. In some cases, there’s simply not a large enough population to justify opening or operating a Read more…