Bank
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News
Prospect of Prolonged Israel-Gaza War Adds Economic Havoc to Human Toll
As the fighting between Israel and Hamas risks bursting into regionwide chaos, the prospect of a long and potentially widening…
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Finance
U.K. Inflation, Unchanged at 6.7 Percent, Ends String of Declines
The News The inflation rate in Britain held steady in September, defying expectations of a small decline, after as rise…
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Finance
For Goldman Sachs, No Bad News Is Good News After a Brutal Stretch
The Wall Street bank disclosed $2 billion in quarterly profit, just above expectations and propelling the bank further in its…
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Finance
Business Leaders Face a Dilemma Over ‘Davos in the Desert’
The Future Investment Initiative kicks off in Riyadh next week, with questions swirling over who will attend and who will…
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Finance
Dimon Warns of ‘Most Dangerous Time in Decades’ as Banks Report Big Profits
JPMorgan Chase, Wells Fargo and Citigroup said that consumers continued to borrow and spend, but their chiefs warned that geopolitical…
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Finance
Microsoft Beats the Antitrust Odds on Its Activision Deal
Approval from British regulators for the $69 billion takeover was the last hurdle left for the tech giant, which saw…
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Finance
Tallying the Costs of the Israel-Gaza War
The price of crude oil has risen and global markets are under pressure as the death toll exceeds 1,100 and…
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Finance
When Did Cashing Savings Bonds Become So Impossible?
Citing potential fraud, banks are making it increasingly difficult to pay out savings bonds. An unlikely beneficiary is the federal…
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Finance
A Plot to Oust the House Speaker Hits Weary Investors
Matt Gaetz’s move to unseat Kevin McCarthy is adding volatility to equity and bond markets.
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News
How China’s Property Crisis Is Testing Its Too-Big-to-Fail Banks
Banks hold enormous amounts of real estate debt, and regulators are nervous. But a fast-moving crisis is unlikely because the…