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Markets finished broadly higher after upbeat inflation data lowered expectations for two additional rate hikes this year.

Markets finished broadly higher after upbeat inflation data lowered expectations for two additional rate hikes this year. Stocks shot higher out of the gate Friday and stayed there through the close thanks to an encouraging reading on inflation. That data followed other recent reports showing a resilient U.S. economy – and tempered expectations for two more interest rate hikes this year. Ahead of the opening bell, the Bureau of Economic Analysis said the May personal consumption and expenditures

If I love Warren Buffett so much why don't I just marry him?

(Bloomberg) -- Savers Value Village Inc. gained 27% in its trading debut, making its $401 million initial public the lone bright spot in a key test of the US market that delivered otherwise disappointing results.Most Read from BloombergTrump ‘Standing Order’ to Declassify Not Found by DOJ, Intelligence AgencySwitzerland Blocks Sale of Leopard 1 Tanks Bound for UkraineA $100 Billion Wealth Migration Tilts US Economy’s Center of Gravity SouthChina’s Economic Woes Are Multiplying — and Xi Jinping H

Stocks are better than gold for both generating wealth and offering protection against inflation. Unless you're a trader or a tactical investor – and a nimble one at that – you really have no business investing in gold. Why? Because history shows that gold has been a terrible place to put your cash, even when inflation is running hot.But first, let's define our terms. You don't even really "invest" in gold. Since the yellow metal produces no cash flows, holders of gold merely speculate on its fu