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At Goldman And Citadel Securities, The Santa Rally Has Believers
Traders who spent December wondering if the typical year-end “Santa Claus rally” was going to kick in may be getting what they’ve been waiting for.
NY Fed President Williams Says Some ‘Technical Factors’ Distorted November’s CPI Reading Downward
NY Fed President John Williams said that “technical factors” likely distorted November’s inflation data, pushing the headline reading lower.
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Bitcoin at $50,000 as BofA Says ‘Too Large to Ignore’
Gain brings prices to the highest since early September, when El Salvador rolled out the cryptocurrency as legal tender.
Citigroup Executive Levkovich Dies a Month After Being Hit by Car
Levkovich, died on Friday from injuries he suffered after being struck by a car a month ago.
Bank of America Raises U.S. Minimum Hourly Wage to $21
(Reuters) - Bank of America Corp said on Wednesday it had raised its U.S.
Morgan Stanley’s Mike Wilson Warns of Fresh Stock-Market Pain
“We’ve been calling for this 10-20% correction that would be led by tech stocks,” said Wilson. “We think earnings estimates are too high.”