United States Monthly Budget Statement came in at $-257B, below expectations ($-211B) in October

Fed's Schmid: I won't let enthusiasm over rising productivity get ahead of data

Federal Reserve (Fed) Bank of Kansas President Jeffrey Schmid made a rare appearance on Wednesday, flagging potential pitfalls on the path toward lower interest rates.
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Dow Jones Industrial Average claws back ground after US CPI print

The Dow Jones Industrial Average (DJIA) clawed back over 200 points at its peak on Wednesday, recovering ground after an early-week plunge from record highs.
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