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Latest Financial and Business News
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For only the 10th time in eight decades, a new Fed chair has been sworn in. Stocks are rising, as is historically typical, even if the last two swear-ins saw sharp selloffs.
- Jamie Dimon says AI is changing bank jobs as Wall Street backs crypto
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JP Morgan Chase CEO warned of credit-market ‘cockroaches.’ But opaque AI loans and excessive leverage — ‘credit termites’ — are hollowing out the economy.
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- The new-Fed-chair ‘curse’ and $100-plus oil are already testing Kevin Warsh — and the stock market
Market downturns typically tag new central-bank leaders. And Warsh faces a tough choice between crushing demand or saving the bull market.
- TSX rises amid diplomatic efforts to forge U.S.-Iran peace deal
- Form 144 Freshpet For: 22 May