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Analysis: Oil's sharp price drop fuels questions for stock market

Friday, December 7, 2018, 8:42 AM

U.S. stock investors are wary that a 30 percent slump in oil prices will pressure corporate profits while also presenting a sign of weakness in global growth at a time they are already weighing when the long economic expansion will end. Oil prices fell further on Thursday as the Organisation of the Petroleum Exporting Countries met in Vienna.
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Fed's Clarida says the current framework is serving the Fed well

Monday, December 3, 2018, 8:35 PM

The Federal Reserve's current methods for meeting its inflation and employment goals are working well, though an upcoming review may come up with ways to "refine" them, Fed Vice Chair Richard Clarida said on Monday. Clarida will be overseeing a major review by the central bank of its "framework" for meeting the twin goals of maximum employment and stable prices.
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Fed official frets over risks to Apple Pay, other mobile payments

Wednesday, November 28, 2018, 8:38 AM

Mobile payment services such as Apple Pay could run into reimbursement problems in some instances, and fintech firms in general must be more sensitive to risks, Federal Reserve Bank of Atlanta President Raphael Bostic said. The Fed is taking a lead reviewing the U.S. payments system for speed, security and durability, and itself runs payments for the government across the United States.

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