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Money Stuff: The SEC Has Its Eye on Crypto The U.S. Securities and Exchange Commission is not in the general investor-protection business. If someone comes to you and offers you a can't-lose opportunity to buy Florida swampland, and it turns out they're lying, the SEC will not get involved. If they sell ...
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PPP loan forgiveness portal opens, but big banks opt out. P.P.P. · Uber shows signs of pulling out of its pandemic slump. · The latest response to the Delta variant: Pfizer issues a vaccine mandate, and the New York auto show is canceled. · Gig companies want Massachusetts voters to exempt workers from employee ...
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Dollar swings with yields in markets nervous ahead of jobs data Dollar bounces back from weak private employment report · Dollar upturn comes as yields rise on Fed official's comments · Kiwi climbs again · Ether rises ahead of change in blockchain network.
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Petrobras Earnings Jump on Oil Rally and Brazil Water Crisis Brazil's state-controlled oil company saw its earnings surge in the second quarter, thanks to a rally in crude prices and a hydropower crunch in Brazil that boosted electricity demand. Since late last year, Petrobras has sold more fuel oil domestically and ...
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US services sector growth accelerates despite supply constraints The Institute for Supply Management survey on Wednesday also showed a rebound in a gauge of services industry employment last month. That eased worries of a sharp slowdown in job growth, which had been stoked by the ADP Employment Report showing ...
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Key Fed official sees rates liftoff in 2023 as policy debate heats up WASHINGTON, Aug 4 (Reuters) - Federal Reserve Vice Chair Richard Clarida, a key architect of the U.S. central bank's new policy strategy, said on Wednesday an interest rate hike was likely in 2023 given the surprising pace of the economic recovery from ...
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Oil Decreases as Crude Stockpile Data Adds to Virus Concerns Oil slumped in New York after a surprise increase in U.S. crude inventories added to renewed concerns about demand recovery as China battles the coronavirus resurgence. West Texas Intermediate futures tumbled 3.4% to close at the lowest in more than ...
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Wall Street Banks That Demanded Workers To Return To Their Offices May Have To Change Their Plans Due To Delta ... The whole back-to-the-office thing for Jamie Dimon has to be a big pain. Dimon, the longtime, well-respected chief executive of JPMorgan, is an advocate for workers returning to headquarters. He was one of the first Wall Street investment bank CEOs to tell ...
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China's harsh education crackdown sends parents and businesses scrambling Since the central government officially released the so-called "double reduction" policy last month, local authorities in several provinces have ordered private businesses to suspend online and offline tutoring classes. The crackdown is harsher than expected, ...
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US private payrolls growth slows as labor shortages linger WASHINGTON (Reuters) - U.S. private payrolls increased far less than expected in July as shortages of workers and raw materials constrained hiring in the manufacturing and construction industries. FILE PHOTO: A restaurant advertising jobs looks to attract ...
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