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Stocks clamber up from 4-week low, dollar hovers beneath 10-week high

LONDON, June 21 (Reuters) - Global stocks recovered some losses after hitting a four-week low on Monday as investors digested last week's surprise hawkish shift by the U.S. Federal Reserve, while the dollar hovered below a 10-week high. Shares of banks ...

Here's why the market may be wrong about the Federal Reserve and interest rates

CNBC

CNBC

The market's sanguine view of Fed policy is a mistake, according to Bank of America credit strategist Hans Mikkelsen. "Expect the Fed to soon begin tapering its [quantitative easing] purchases, and to start ...

25 Dependable Dividend Stocks Trading At Relatively High Yields

Dividends contribute to returns in any market situation, while the income appeal of dividend-paying stocks helps to limit steep losses if the market declines. A dividend-yield strategy can help you find potentially undervalued stocks with reduced downside risk, ...

Bitcoin recoups some losses in Asia after plunging on Chinese crackdown

(Adds dollar signs in 2nd paragraph, dropped word to quote in 6th paragraph). A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 14, 2021. REUTERS/Edgar Su/Illustration. HONG KONG (Reuters) - Bitcoin ...

Inflation Ahead? Even a Top Economist Says It's Complicated

Many economists see the recent spike as temporary. Others say they worry that higher consumer prices will persist. Jason Furman, a Harvard professor who was President Barack Obama's top economic adviser, thinks the reality is more complicated. He does, ...

Is The Recent Rally In Shopify Stock Justified?

Over Q1 2021, Shopify more than doubled its revenues and grew its adjusted EPS by almost 10x versus the previous year, and revenue growth is projected at over 50% this year. Longer-term growth should ...

Oil rises on optimism of quick recovery in global demand

TOKYO, June 22 (Reuters) - Crude oil prices rose on Tuesday, with Brent hitting $75 a barrel for the first time since April 2019, as investors remained bullish about a quick recovery in global oil demand and as concerns eased over an early return of Iranian ...

Retail workers are quitting at record rates for higher-paying work: 'My life isn't worth a dead-end job'

The Washington Post

The Washington Post

Last month, the 34-year-old from Concord, N.C., quit, leaving the industry she's worked in for most of her adult life. Now she works from home for a local law firm — a job that, three days in, still seems too good to be true.

Oil May Hit $100 a Barrel Next Year on Demand Rebound, BofA Says

Global oil consumption will continue to outstrip supply in 2022 as the economic recovery from the pandemic boosts fuel consumption, while investment in new production is crimped by environmental concerns, the bank said in a report.

Stocks fall as hawkish Fed reverberates; Treasury yields slide

TOKYO, June 21 (Reuters) - Asian stocks dropped on Monday after last week's surprise hawkish shift by the U.S. Federal Reserve reduced the allure of riskier assets, while the Treasury yield curve flattened further with 30-year yields dropping below 2%.