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Inflation Tipping Point S&P 500 hasn‘t extended Monday‘s gains, continuing to trade in a cautious, tight range. Not that it would be driven by Treasury yields that much on a daily basis – the tech breather was one day delayed, but still didn‘t erase Monday‘s gains in full. Yes, Nasdaq didn‘t reverse, and I‘m looking […]read more
UK fintech 10x raises $187M for building new services for old banks A London-based fintech 10x Future Technologies helps established banks build tools and next-generation services to help older services work efficiently. It raised $188 million for this project. A startup that’s building technology for helping incumbent players to compete better is announcing significant funding. […]
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Wall Street Closed in Red After the Fed’s Decision Wall Street closed Wednesday in red. The Dow Jones, its main indicator, decreased by 0.77% after the Federal Reserve raised its inflation estimates and advanced the subsequent interest increases to 2023. The Dow Jones decreased by 94.42 points, or 0.3%, to 34,299.33. Meanwhile, The S&P 500 […]
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