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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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Wall Street Stock Trading Set for Overhaul in New SEC Plan
US regulators are taking the first step toward the most widespread revamp in more than a decade of the way stocks are traded.
Bankman-Fried Fraud Used ‘Dirty Money’ in DC, US Prosecutor Says
FTX cryptocurrency exchange founder Sam Bankman-Fried is responsible for “one of the biggest financial frauds in American history”.
Musk's Banks to Book Twitter Loan Losses, Avoid Big Hits -Sources
Some banks that lent Musk $13B to buy Twitter preparing to book losses on loans this qtr., likely to do so in way not become major drag on earnings.
Vanguard Predicts 'Global Recession' Next Year — You Should Listen
Vanguard, giant mutual fund company, largest owner of two-thirds of S&P 500 companies, said it expects "global recession" to take hold in 2023.