Inflation remained essentially stable in April, although it showed signs of downward progress, the Commerce Department reported Friday, in a closely watched…
Finance & Banking
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BusinessFinance & BankingNews
Gas explosion tears off the facade of a building in Ohio and leaves at least 7 injured
A natural gas explosion tore off the facade of a building in downtown Youngstown, Ohio, on Tuesday afternoon, leaving two people missing…
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Federal regulators on Thursday approved an investment product linked to the Ether cryptocurrency, the most valuable digital asset after Bitcoin, in a…
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Treasury Secretary Janet L. Yellen warned Israel on Thursday against cutting ties between Palestinian and Israeli banks, arguing that such a move…
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BusinessFinance & BankingNews
What is BlackRock without Larry Fink? Shareholders worry about the future.
Laurence D. Fink built BlackRock into the world's largest asset manager with an iron fist, a thick skin, and a clear vision…
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In a real estate crisis that seems to have no end, the Chinese government is intervening as a buyer of last resort.…
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Up to $300 billion in Russian assets, frozen in the West since the invasion of Ukraine, are racking up profits and interest…
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Jim Justice, the businessman-turned-politician governor of West Virginia, has been pursued in court for years by banks, governments, business partners and former…
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Investors do not expect the Federal Reserve to raise interest rates again, and officials have made clear that they consider further increases…
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What if you could move to a new house but keep the mortgage you took out on the previous one, with the…
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BusinessFinance & BankingNews
Stock market rises after jobs report revives investor hopes for rate cut
Just as Wall Street seemed to embrace the idea of high interest rates staying in place for longer, a colder-than-expected jobs report…
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BusinessFinance & BankingNews
Federal Reserve holds rates steady, signaling lack of progress on inflation
Federal Reserve officials left interest rates unchanged and signaled they were cautious about how persistent inflation was proving, paving the way for…
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Regulators late Friday seized Republic First Bancorp, a troubled Philadelphia lender, in the first failure of a U.S. bank this year. Republic…
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Eric Hovde, the Republican banking executive challenging Sen. Tammy Baldwin in Wisconsin, may be developing a problem with older voters. The bank…
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China's automobile shipments to overseas markets have quintupled in the past four years. Its solar panels dominate global markets. Even exports in…