Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back.
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The global economy is just one more knock away from a second recession in the same decade, something that hasn't happ...
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Goldman Sachs will lay off as many as 3,200 employees this week as an uncertain economic and market climate pushes th...
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Many on Wall Street cheered last fall when the midterm elections ushered in a return of divided government in Washing...
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Many CEOs, investors and consumers are worried about a recession in 2023. But Moody's Analytics says the more likely ...
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Last year was dominated by scary headlines about crushing inflation, super-sized interest rate hikes and mounting rec...
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Wall Street is bidding goodbye — and good riddance — to 2022. It has been a year most investors would rather forget.
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The global economy has endured a tough year, with decades-high inflation sapping post-lockdown spending and pushing c...
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Gas prices will probably be significantly cheaper overall next year. Yet the national average could still climb back ...
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Two senior executives associated with collapsed crypto exchange FTX have pleaded guilty to multiple criminal charges ...
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The Federal Reserve's super-sized interest rates are not scaring most companies into cutting back on spending, accord...
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One of Wall Street's top executives is worried about a repeat of 2008. At least, partially.
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Federal regulators fined Wells Fargo $1.7 billion on Tuesday for "widespread mismanagement" over multiple years that ...
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Elon Musk's management of Twitter, including the banning of multiple journalists, has "severely damaged" market senti...
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The Biden administration announced plans Friday to provide nearly 2 million barrels of oil to refineries through an e...
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The plunge in gasoline prices hit another milestone on Friday, with the national average sinking to the lowest level ...
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While a debate unfolds online about Starbucks' new credit and debit card tipping option, some workers are frustrated ...
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An electric scooter service just became the only company to pull off an initial public offering in Russia this year.
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As federal prosecutors seek to imprison former crypto darling Sam Bankman-Fried, Sen. Elizabeth Warren is attempting ...
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Investors withdrew as much as $3 billion from Binance on Tuesday, according to blockchain analytics firm Nansen, as t...
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Once again, food inflation is outpacing overall inflation.
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For the first time in decades, people in Europe and North America have been forced to contend with the harsh conseque...
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The Securities and Exchange Commission charged Sam Bankman-Fried on Tuesday with defrauding investors and customers i...
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Treasury Secretary Janet Yellen is striking a cautiously optimistic tone about 2023, predicting a major inflation coo...
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Just two months after UK markets suffered their worst meltdown since the global financial crisis, the British governm...
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Despite high inflation and recession fears, the holiday shopping season appears to be off to a strong start.
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US oil prices climbed 4% Thursday morning after the Keystone Pipeline was shut down following a leak discovered near ...
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US gasoline prices are now cheaper than they were one year ago, providing relief to Americans that have spent 2022 gr...
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Oil prices have tumbled to their lowest level of the year as worries about the health of the economy overshadow conce...
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Republicans and Democrats are likely to clash next year over the debt ceiling, a fight that could rock financial mark...
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Most Russian crude oil exports to Europe are now banned, marking the boldest effort yet by the West to pile financial...
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Indonesia produces more nickel than any other country. As demand soars for batteries to power the energy transition, ...
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OPEC and its allies decided Sunday to stick with their existing policy of curtailing oil output, just hours before ne...
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The European Union has reached a consensus on the price at which to cap Russian oil just days before its ban on most ...
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Inflation is cooling. Consumers are still spending. And hiring is slowing — but not collapsing. That's why Moody's An...
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Prices at the pump continue to plunge, dropping the US average for gasoline below where it was when Russia invaded Uk...
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Allies of Ukraine want to put a price limit on Russian oil. But there's a problem: They can't agree on a number that ...
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The story of financial markets and the global economy this year has been written in part by the dramatic rise of the ...
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Singapore's central bank has responded to criticism of its treatment of two of the world's largest crypto exchanges, ...
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