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Vested Shorts: Fed’s new payments system, SoftBank’s $32 billion loss, Target’s theft issues, Uber and Waymo
In today’s edition: Market Snapshot US equities remained under pressure on Wednesday as the unresolved debt-ceiling issue persisted. With the June deadline set by Treasury Secretary Janet Yellen drawing near, investors are becoming more anxious as the impasse continues. FedNow: Instant Payment or Financial Surveillance? In July 2023, the Federal Reserve plans to launch the
Vested Shorts: Can commercial real estate hedge against inflation?
Market Snapshot Stocks ended the week lower on Friday, despite the S&P 500 and Nasdaq composite having their best weeks since March. However, the gains did not last as White House negotiations over the debt ceiling hit another dead end. Markets breathed a sigh of relief when Fed chair Jerome Powell said interest rates might