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Hedge Funds Short Healthcare Providers As Subsidies Debate Intensifies
Hedge funds last week sold more U.S. healthcare stocks than they bought for the first time in 14 weeks according to Goldman Sachs.
Fed’s Hammack Says There’s No Need To Change Interest Rates For Months, WSJ Reports
Federal Reserve Bank of Cleveland President Beth Hammack said she sees no need to change U.S. interest rates for months.
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SEC Presses Firms to Disclose Exposure to Crypto Bankruptcies
Publicly traded companies exposed to the “crypto winter” and the collapse of FTX or other digital-asset companies might have to disclose details.
Tesla's Troubles Are Piling Up While Elon Musk Is Distracted With Twitter
While Elon Musk is busy overhauling newly acquired Twitter, Tesla Inc. is facing increasingly urgent issues and testing the faith of some of its fans.
BofA Says Sell Equities Rally Before 2023 Unemployment Shock
Stock investors’ optimism around a cooling labor market and a Federal Reserve pivot is overdone, according to BofA Corp. strategists.
Al Gore Slams Vanguard After Defection From Climate Group
Vanguard Group Inc.’s decision to leave the world’s largest climate-finance coalition was slammed by former US Vice President Al Gore.