Business
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Wall Street bonuses expected to drop as much as 25% this year as dealmaking dries up
This year will be another bummer on Wall Street, with bankers facing bonuses that could shrink as much as 25% as dealmaking dries up amid surging...
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House Freedom Caucus comes out against Speaker Mike Johnson's stopgap spending bill
The House Freedom Caucus on Tuesday announced it would vote against Speaker Mike Johnson's stopgap spending bill, adding to the growing number of...
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Finance may be junked from EU climate law, leaked memo shows. Critics say it could be unenforceable
A flagship EU law intended to push European companies toward net zero faces being seriously weakened by member states, a confidential document...
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Xi Jinping's goals for APEC summit, Biden meeting revealed by China state-controlled outlets
Chinese President Xi Jinping meets President Biden this week on the sidelines of an international economic summit in San Francisco seeking...
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Government shutdown fears ease as Dems signal support of Speaker Mike Johnson's stopgap bill
A two-step government funding proposal from House Republicans faced nominal resistance Monday from both sides of the aisle, raising hopes that...
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Insider changes name back to Business Insider as Henry Blodget steps down as CEO
Insider's Henry Blodget is stepping down as chief executive of the publication he co-founded more than 15 years ago.
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Dow surges more than 500 points as Fed rate-hike fears fade on cooling inflation
Both the S&P 500 and the tech-heavy Nasdaq were at a two-month high after data showed that US consumer prices were unchanged in October amid...
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Chris Cuomo admits ‘of course I covered for my brother’ after pressed by Vivek Ramaswamy
Ramaswamy was confronted by Chris Cuomo over his combative debate performance last week during which he took aim at fellow GOP contender Nikki Haley.
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Venture capitalist ousted from firm he co-founded after saying Israel should ‘handle Gaza’ with ‘education camps, sterilizations’
A venture capitalist was immediately removed from the firm he cofounded after sharing on social media that Israel was "warranted" to "handle Gaza"...
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US inflation eased to 3.2% in October, sparking bets that Fed is done hiking rates
US inflation rose 3.2% in October — a slightly lower-than-expected number that gave relief to investors and raised hopes the Federal Reserve could...
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Payments app Zelle begins refunds for imposter scams after Washington pressure
Federal rules require banks to reimburse customers for payments made without their authorization, such as by hackers, but not when customers...
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Congress is catching on to the three-step trick to build generational wealth: 'Buy, borrow and die'
Congress is taking notice of the "buy, borrow, and die" strategy used by the wealthy to avoid taxes, a legal yet controversial practice.