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Fed keeps rates unchanged but signals likelihood of another hike this year to fight inflation

By CHRISTOPHER RUGABER AP Economics Writer
Sep 20, 2023 1:00 am - WASHINGTON - The Federal Reserve left its key interest rate unchanged Wednesday for the second time in its past three meetings, a sign that it's moderating its fight aga...
A resilient stock market helped boost gains for 401(k) savers in the first half of 2023

By ALEX VEIGA AP Business Writer
Aug 17, 2023 1:00 am - LOS ANGELES (AP) - A resilient stock market helped boost gains for savers with retirement accounts through the first half of this year. The average 401(k) plan balance s...
Warren Buffett's firm buys more Occidental Petroleum and now owns more than 25% of the oil producer

By JOSH FUNK AP Business Writer
Jun 29, 2023 1:00 am - OMAHA, Neb. (AP) - Billionaire Warren Buffett's company keeps buying shares of Occidental Petroleum, and Berkshire Hathaway now controls more than 25% of the oil produce...
The S&P 500 is in a bull market. Here's what that means and how long the bull might run

Associated Press
Jun 08, 2023 1:00 am - The S&P 500 is now in what Wall Street refers to as a bull market, meaning the index has risen 20% or more from its most recent low. Here are some answers to questions a...
Walgreens Boots Alliance declares quarterly dividend

BUSINESS WIRE
Apr 20, 2023 1:00 am - DEERFIELD - Walgreens Boots Alliance, Inc. has declared a quarterly dividend of 48 cents per share, unchanged from the previous quarter and an increase of 0.5 percent fr...
Credit Suisse shares soar after central bank offers lifeline

By JAMEY KEATEN and DANICA KIRKA Associated Press
Mar 16, 2023 1:00 am - GENEVA - Credit Suisse shares surged Thursday after the Swiss central bank agreed to loan the bank up to 50 billion francs ($54 billion) to bolster confidence in the cou...
Markets shudder on fears about banking crisis, recession

By STAN CHOE AP Business Writer
Mar 15, 2023 1:00 am - NEW YORK - Worries about a spreading banking crisis and how badly it will hit an already fragile economy caused markets to shudder Wednesday, as stocks fell and bond yie...
Silicon Valley Bank's demise disrupts the disrupters in tech

By MICHAEL LIEDTKE AP Technology Writer
Mar 14, 2023 1:00 am - Silicon Valley Bank's collapse rattled the technology industry that had been the bank's backbone, leaving shellshocked entrepreneurs thankful for the government reprieve...
After two historic U.S. bank failures, here's what comes next

By CHRISTOPHER RUGABER and KEN SWEET Associated Press
Mar 13, 2023 1:00 am - WASHINGTON - Two large banks that cater to the tech industry have collapsed after a bank run, government agencies are taking emergency measures to backstop the financial...
Government races to reassure U.S. that banking system is safe

By KEN SWEET, CHRISTOPHER RUGABER, CHRIS MEGERIAN and CATHY BUSSEWITZ Associated Press
Mar 13, 2023 1:00 am - NEW YORK - Depositors withdrew savings and investors broadly sold off bank shares Monday as the federal government raced to reassure Americans that the banking system wa...

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