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Here’s what changed in the new Fed statement

Here’s what changed in the new Fed statement

This is a comparison of Thursday’s FOMC statement with the one issued after the Fed’s previous policy-making meeting on September 26. Text removed from the September statement is in red with a horizontal line through the middle. Text appearing for the...
Fed reportedly ready to change more banking regulations

Fed reportedly ready to change more banking regulations

The Fed is expected this week to vote on banking standards that would change the way big banks are regulated, according to a Dow Jones report. Banks would be divided into categories based on risk factors including size, international activity, off-balance sheet...
Nasdaq dips into correction territory…

Nasdaq dips into correction territory…

The Nasdaq became the first major U.S. stock market benchmark to dip into a correction during trading Thursday. A correction on Wall Street is defined as down more than 10 percent from its high. The Nasdaq Composite Index on Thursday became the first major U.S. stock...