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Goldman, Morgan Stanley Sued Over Archegos-Tied Sales
The suit alleges two firms sold several large blocks of shares in companies in which Archegos held positions after learning company likely to fail.
Summers Slams Woke Fed for Risking Losing Control of Inflation
Former Treasury Secretary Lawrence Summers castigated monetary policy makers in the U.S. and elsewhere for paying too much attention to social issues.
Fed’s Bullard Sees 50% Odds High Inflation Will Persist in U.S.
Inflation, which most central bankers view as temporary, may well persist amid a strong U.S. economy and tight labor market.
Wall Street Bosses See Windfall Lasting, Fueling Pay and Hiring
Fixed-income trading has cooled, customer interest in stock has propped up revenue on equities desks and supported a spree of corporate dealmaking.