In its semiannual report to Congress, the Fed said the U.S. financial system is “substantially” safer than before the recession
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The Federal Reserve won’t be able to rescue investors if the stock market dives againBy capitulating, the Fed has reinflated stock prices this year, but at the cost of leaving it with less ammunition to deal with the next recession.
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Johnson & Johnson facing new federal investigations over reported link between its baby powder and asbestosThe Department of Justice, Securities and Exchange Commission, and a Senate committee are looking into whether its talcum baby powders are linked to cancer-causing asbestos – a link the company has vehemently denied.
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Investors are buying both stocks and bonds at the same time and the Federal Reserve is to blameInvestors are jumping into bonds and stocks, thanks to an easier Fed that makes both markets attractive.
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