Morgan Stanley CEO James Gorman making ‘modest’ job cuts
Morgan Stanley is making modest job cuts across the globe, Chief Executive James Gorman said, as Wall Street comes under pressure with ...
Tag: Business
Mortgage rates fall for third straight week
The average long-term US mortgage rate ticked down for the third week in a row and have fallen more than ...
Jobless claims fall by 16,000 after surging a week earlier
Initial claims for state unemployment benefits dropped 16,000 to a seasonally adjusted 225,000 for the week ended Nov. 26. That unwound some of ...
Dow, stocks tumble despite signs of easing inflation
The Dow fell nearly 300 points in uneven trading on Wall Street early Thursday and bond yields pulled back after ...
Fed inflation gauge shows October prices eased to 6%
A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in ...
Sam Bankman-Fried rejects Bernie Madoff comparison, squirms during tense interview
Disgraced FTX founder Sam Bankman-Fried pushed back on critics who have compared him to the late Ponzi schemer Bernie Madoff, ...
Elon Musk,Apple’s Tim Cook resolved App Store dispute
Elon Musk on Wednesday tweeted that the misunderstanding about Twitter potentially being removed from Apple’s App Store was resolved following his meeting with the iPhone ...
FTX’s Sam Bankman-Fried fumed over media spotlight on polyamorous sex life
Discredited FTX founder Sam Bankman-Fried reportedly bristled earlier this month over rampant speculation on whether he and other company executives ...
Job openings dipped in October in positive sign for Fed
US job openings dropped in October but remained high, a sign that businesses became slightly less needy for workers as ...
Kraken slashing 1,100 jobs as crypto turmoil spreads
Cryptocurrency exchange Kraken said on Wednesday it would cut its global workforce by 30%, or about 1,100 employees, citing tough market conditions ...
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