The blockbuster technology deal It turns out that every Wall Street advisor clamoring to be a part wasn’t that lucrative for at…
Finance & Banking
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BusinessFinance & BankingNews
Time for a high-yield savings account? What you should know about rates.
And while unemployment claims remain low, dismissal have caused unrest in technology and media companies. Some people, Mr. McCarron said, may not…
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The European Central Bank raised interest rates to the highest level since 2008 on Thursday, maintaining an aggressive policy even as headline…
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WASHINGTON—The settlement of the debt limit It has raised questions among Republicans and Democrats about creative solutions to avert the crisis, including…
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The Bank of England is expected to raise interest rates for the 10th time in a row on Thursday as policymakers continue…
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WASHINGTON – Federal Reserve officials on Wednesday made their eighth interest rate hike in a year and signaled at least two more…
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Wall Street welcomed a change in tone in early 2023: Fears of a sharp economic downturn are receding as slowing inflation raises…
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Most mainstream economists and financial market participants argue that the Fed is and should remain independent of the Treasury Department—for example, in…
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The industry is now facing an existential crisis as profits remain elusive, valuations fall, competition increases and regulators raise tough questions about…
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Think of payments like cash, said Jennifer White, senior director of banking and payments intelligence at JD Power. “You wouldn’t hand over…
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BusinessFinance & BankingNews
Goldman Sachs is cutting CEO David Solomon’s pay after the bank’s poor performance
David M. Solomon, the chief executive of Goldman Sachs, saw his pay fall by nearly 30 percent in 2022 after missteps weighed…
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BusinessFinance & BankingNews
Stripe is hiring investment banks to explore an initial public offering
SAN FRANCISCO — StripThe San Francisco payments provider and one of the world’s most valuable private start-ups hired Goldman Sachs and JPMorgan…
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The New York Stock Exchange had a glitch on Tuesday that led to wild price swings in more than 80 stocks, including…
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For Tang Chao, the apartment in northeast China was where he and his wife started a new life. They paid tens of…
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BusinessFinance & BankingNews
JPMorgan paid $175 million for the business, which is now said to have been a fraud
The young founder promised to simplify the college financial aid process. It was a convincing pitch. Especially, as it now seems likely,…