“I certainly think they will debate it. A lot of easing cycles actually have started with a pretty big 50-basis-point move,” Douglas Porter, chief economist at Bank of Montreal, said in an ...

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As part of the process, Big Lots said it plans to close roughly 250 stores by mid-January. That’s on top of the nearly 300 stores that are already on track to close in the coming months.

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Bonds issued by the so-called Magnificent Seven group of big tech companies perked up Thursday, after the Federal Reserve delivered a 50 basis-point interest-rate cut that will lower their interest ...