Finance

The Federal Reserve’s intention to leave interest rates alone may get sidetracked. According to Wall Street forecaster James Bianco, the backdrop is conducive for an inflation comeback that would force the Fed’s hand to tighten and upset the stock market. He sees two major factors sparking inflation: A smaller economy than last year due to
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With European banks gearing up to report third-quarter earnings as they look to continue a fragile recovery, analysts are expecting sharp reductions in loan loss provisions to drive a fragile stabilization. Across the pan-European Stoxx 600 index, aggregate third-quarter earnings are expected to decrease 36.7% from the same period in 2019, according to Refinitiv, with
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IMF Managing Director Kristalina Georgieva. Samuel Corum | Getty Images Kristalina Georgieva, the managing director of the International Monetary Fund, told CNBC Thursday that she has “no doubt” the U.S. will implement a new economic stimulus package that will help reduce the current uncertainties for the global economy.     The IMF boss said that the
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Gary Guthart, CEO, Intuitive Surgical Scott Mlyn | CNBC Check out the companies making headlines after the bell:  Del Taco Restaurants — Shares of Del Taco Restaurants surged nearly 9% after the Mexican restaurant chain reported better-than-expected quarterly earnings. The company posted an earnings per share of 16 cents in the third quarter, beating analysts’
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