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Trading Fed rate cuts: These banks are primed to outperform when rates fall, Evercore ISI says
Comerica and Fifth Third Bancorp are among a few banks that are best positioned from a net interest income perspective once the Fed cuts rates, the firm said.
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Restaurants fight back against the FTC crackdown on ‘junk fees’ as diners balk at new charges
The FTC is trying to crack down on “junk fees.” Restaurants are fighting to keep fees and surcharges on their checks.
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Boeing Starliner returning empty as NASA turns to SpaceX to bring astronauts back from ISS
Boeing will return its capsule from the International Space Station without the NASA astronauts that Starliner delivered to orbit.
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Intel has hired Morgan Stanley, other advisers for activist defense
With its stock down almost 60% this year, Intel is gearing up to defend itself against pressure from activist investors.
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ECB chief economist cautions inflation target is ‘not yet secure’
Philip Lane wary of amount of relief central bank will be able to provide borrowers
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Kamala Harris’s housing plan is the most aggressive since post-World War II boom, experts say
“Our lack of affordable housing will continue to depress savings, opportunity and growth in ways that will do long-term harm to the nation’s economy.”