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Stock market could plunge another 24% next year, Bank of America warns

Bank of America analysts said this week the S&P 500 could plunge as much as 24% next year as a result of the Federal Reserve's quantitative tightening. ....

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Elon Musk urges Fed to cut rates 'immediately,' or risk severe recession

The Federal Reserve needs to cut interest rates immediately or risk triggering a severe recession, according to Tesla CEO and Twitter chief Elon Musk. ....

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Costco puts off membership fee increase as renewals hit all-time highs

Costco last raised its membership fees in June 2017. It currently charges $120 per year for executive memberships and $60 per year for its Gold Star and business memberships. ....

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