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There’s about to be a new king of the stock-market jungle. Microsoft Corp. is set to become the most highly valued U.S. company ever, surpassing the record market capitalization set by long-time leader Apple Inc. Microsoft’s stock MSFT, -0.32% has been on a roll this year, as it has ridden…

Chicago Federal Reserve President Austan Goolsbee on Friday declined to say when he thinks the central bank will cut interest rates, but he said reductions could be expected this year “if we continue to make surprising progress on inflation.” “We don’t want to commit ourselves before the job is done,”…

Investing.com– Most Asian currencies weakened on Tuesday, while the dollar firmed as markets hunkered down before key U.S. inflation data that is widely expected to factor into the path of interest rates.  The inflation data comes after a chorus of Federal Reserve officials warned that the central bank was in…

By Patricia Zengerle and Makini Brice WASHINGTON (Reuters) – U.S. lawmakers expressed shock and outrage at the death of Russian opposition leader Alexei Navalny on Friday, but the news looked unlikely to bridge deep divides over whether the United States should continue its military support for Ukraine. “There are some…

Block stock rose as much as 14% in extended trading Thursday after the payments company reported fourth-quarter earnings that beat analyst estimates on gross profit and showed strong growth in its Square and Cash App revenue.Here’s how the company did, compared to an analyst consensus from LSEG, formerly Refinitiv:Earnings per…

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