wall street
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Business
Dow tumbles over 300 points after weak jobs report spooks investors
Wall Street’s main indexes fell on Friday after a crucial jobs report did little to clear the uncertainty around the…
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Business
Top Wall Street rainmaker left Evercore after ‘affair’ with younger banker: sources
A top Wall Street dealmaker left an elite New York investment bank after his bosses found out he allegedly had…
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Business
Global stocks tumble after Wall Street drops on worries about the economy
World stocks tumbled Wednesday after Wall Street had its worst day since early August, with heavyweight Nvidia falling 9.5%, leading…
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Business
Citadel’s Ken Griffin attacks SEC cash grab for surveillance
Hedge fund titan Ken Griffin is leading the charge to stop a move by US regulators that would force traders…
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Business
Dow hits record close again as inflation data raises hopes of Fed rate cut
Wall Street ended higher on Friday, and the Dow surged more than 200 points to another record close after fresh US…
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Business
Goldman Sachs will reportedly fire more than 1,300 employees
David Solomon is sharpening the axe again. The Goldman Sachs CEO will slash more than 1,300 jobs as part of…
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Business
Nvidia’s rise a testament to American success — and why government should get out of the way
Wednesday evening, computer chip and software maker Nvidia announced it made $30 billion in revenue last quarter — double what…
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Business
Warren Buffett’s Berkshire Hathaway surpasses $1T market value
The market value of Berkshire Hathaway surpassed $1 trillion on Wednesday, reflecting investor confidence in the conglomerate that Warren Buffett built over nearly…
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Business
The Fed is finally about to start cutting rates — and here’s why you shouldn’t care
So it looks like the Fed will finally cut rates in September. But by how much? And is it too…
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Business
Dow soars over 400 points as Wall Street cheers Fed rate cuts are on the way
Stocks rallied on Friday as dovish remarks from Federal Reserve Chair Jerome Powell solidified expectations that the central bank will cut…
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