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Goldman Sachs analysts in a note on Monday forecast the bear market to continue into 2023, with a recent rally...
Wells Fargo has been ordered by federal regulators to pay $3.7 billion to settle charges that it charged illegal fees on home and car loans and...
Collapsed cryptocurrency exchange FTX and its affiliates owe more than $3 billion to its 50 biggest creditors, it said in a court filing Saturday. FTX filed...
Twitter CEO Elon Musk revealed Sunday that the social media platform has been “in the fast lane to bankruptcy in May.” Musk made the comment in...
Disney is implementing a hiring freeze and cutting costs, according to a memo from CEO Bob Chapek to executives. According to the memo obtained by CNBC,...
United Airlines on Tuesday announced it is purchasing 100 Boeing 787 Dreamliner jets, with options to order 100 more. The airline says it is the largest...
Treasury Secretary Janet Yellen signaled optimism for cooling inflation in 2023, and said a recession wont be necessary to rein in prices. “I believe by the...
U.S. Treasury Secretary Janet Yellen is calling for cryptocurrency regulations after the sudden implosion of crypto exchange FTX. Yellen told Bloomberg News on Saturday that the...
Microsoft announced a 10-year strategic partnership with the London Stock Exchange Group to deliver “next generation data, analytics and workspace solutions.” Microsoft will acquire an approximately...
Mortgage companies Fannie Mae and Freddie Mac will raise the limits of government-backed loans in 2023, to a record level of over $1 million in some...