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Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away

Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away

Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation. “Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee said during a CNBC “Squawk Box” interview. “You’re going to get inflation come roaring…

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AI is taking over core operations of Indian IT companies

AI is taking over core operations of Indian IT companies

This report is from this week’s CNBC’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. Millions of techies and engineers who have built India’s multi-billion-dollar IT services industry have a new teammate: artificial intelligence. And embracing this partnership is no longer optional — resistance could mean…

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U.S. Treasury yields: Investors monitor geopolitical uncertainty

U.S. Treasury yields: Investors monitor geopolitical uncertainty

U.S. Treasury yields gained Thursday as investors monitored geopolitical uncertainty, with talks over Greenland and the possibility of a U.S. strike on Iran. The benchmark 10-year Treasury yield rose 2 basis points at 4.164%. The yield on the 2-year Treasury advanced more than 4 basis points to 3.556%. Meanwhile, the 30-year Treasury yield was slightly higher at 4.799%. One basis…

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Morgan Stanley MS Q4 2025 earnings

Morgan Stanley MS Q4 2025 earnings

People walk past Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City.  Spencer Platt | Getty Images Morgan Stanley on Thursday reported fourth-quarter results that exceeded Wall Street expectations on the back of strong revenues from wealth management. Here’s what the company reported compared with what Wall Street analysts surveyed…

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