Wall Street
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Wall Street’s defense of its DEI initiatives suddenly got a lot more complicated. JPMorgan Chase CEO Jamie Dimon, a longtime advocate of diversity and using bank resources to aid minority communities, told employees this past week during a town hall that he “was never a firm believer in bias training” and had questions about money…
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Tokyo stocks dropped on Wednesday, tracking overnight declines in the United States and fueled by concerns over the widening regional conflict in the Middle East. Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, lost 2.18 percent, or 843.21 points, to close at 37,808.76. The drop followed the decline in the U.S. market, driven…
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Most economists believe that inflation, deficits and interest rates would be higher during a second Donald Trump administration than if Joe Biden remains in the White House, according to a Wall Street Journal survey. The Journal’s survey received responses from 68 professional forecasters from business, Wall Street and academia. Of the 50 who answered questions…
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A much better-than-expected jobs report ignited stock markets in the U.S, on Friday with all the major indices notching up strong gains. The U.S. dollar rocketed higher. 353 jobs were added to the economy last month although the unemployment rate was unchanged at 3.7 percent. “Today, the Bureau of Labor Statistics reported that the American…
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Just days after a Twitter spat with Barstool Sports’ David Portnoy, and amid the GameStop stonk rally against Wall Street hedge funds, Mets owner and hedge fund billionaire Steve Cohen has deleted his Twitter account. Cohen issued a statement Saturday through the Mets: “I’ve really enjoyed the back and forth with Mets fans on Twitter which…
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Wall Street’s main indexes suffered their sharpest one-day declines in nearly six weeks on Wednesday after employment and manufacturing data suggested that the U.S.-China trade war is taking an increasing toll on the U.S. economy, Reuters reports. Adding to trade concerns, the United States won approval on Wednesday to levy import tariffs on $7.5 billion…
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Image: Donald J. Trump (US Presidential Candidate with the Republican Party). According An Analysis From The Washington Post, The Financial Industry Has Been Bill Clinton’s “Most Frequent Sponsor,” Paying Clinton At Least $19.6 Million For A Minimum Of 102 Speeches. “The financial industry has been Clinton’s most frequent sponsor. The Post review showed that Wall…
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Reports confirm that thousands of graduates from the U.S.’ top colleges flock to Wall Street, looking for jobs each year. One person who thinks the trend should change for good, is Mr. President. Obama says it quite unlikely that his pretty girls–Sasha and Malia Obama–will be among the crowd. Image: Barack Obama presenting his speech…
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