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A Tax Change Is Coming, Maybe The Biden administration has unveiled its corporate tax overhaul, intended to raise $2.5 trillion over 15 years to pay for an infrastructure program. "Debate is welcome. Compromise is inevitable. Changes are certain," President Biden said, but he stressed that " ...
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Barclays Reworks Policies to Help Its Junior Investment Bankers Barclays Plc reworked some of its policies designed to protect the mental health of junior investment bankers as Wall Street continues to face a flood of deals that keeps its youngest staffers working late nights and weekends. The firm said analysts and ...
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Oil flat as weaker dollar offsets surge in US gasoline stocks NEW YORK (Reuters) -Oil prices were little changed on Thursday as a falling dollar and rising stock markets offset earlier declines caused by a big increase in U.S. gasoline stockpiles and subdued demand compared with pre-pandemic levels. FILE PHOTO: ...
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UPDATE 2-Euro zone yields dip, ECB says could reduce bonds buys AMSTERDAM/LONDON, April 8 (Reuters) - Euro zone bond yields dipped on Thursday amid uncertainty over the bloc's COVID-19 vaccination programme, while minutes of the European Central Bank's March meeting showed policymakers were ready to ...
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As US Prospects Brighten, Fed's Powell Sees Risk in Global Vaccination Pace Jerome H. Powell, the Federal Reserve chair, stressed on Thursday that even as economic prospects look brighter in the United States, getting the world vaccinated and controlling the coronavirus pandemic remain critical to the global outlook. "Viruses are no ...
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SEC Seeks Clearer Disclosures to Investors of SPAC Deals Special-purpose acquisition companies, or SPACs, are publicly traded shell companies formed to pursue deals. After such a firm merges with a target company, that company gets the SPAC's spot on a stock exchange, ...
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82% of Warren Buffett's Portfolio Is in These 3 Sectors Warren Buffett at his company's annual shareholder meeting. Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool. Information technology: 38.83%. What's interesting about a Buffett portfolio with a ...
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New airlines Avelo Airlines, Breeze Airways to cater to pandemic-weary leisure travelers Avelo Airlines said Thursday that it will begin flying later this month to 11 destinations from Burbank, California. The startup plans to add other routes in the West as soon as it grows its fleet of three Boeing 737 jets.
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Dollar at two-week low after US weekly jobless claims rise unexpectedly NEW YORK (Reuters) - The U.S. dollar fell to a two-week low against a basket of currencies on Thursday, tracking Treasury yields lower, after data showed a surprise rise in U.S. weekly jobless claims. FILE PHOTO: U.S. one dollar banknotes are seen in front ...
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FOREX-Dollar trades near two-week low as US yields fall ... * (Prices sourced from Yahoo! Finance and MarketWatch). LONDON, April 8 (Reuters) - The U.S. dollar traded near its lowest in more than two weeks versus major peers on Thursday, tracking Treasury yields lower, after minutes of the Federal Reserve's ...
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