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Investing
Ex-Goldman Sachs analyst found guilty of insider dealing
London — A former Goldman Sachs analyst was convicted Thursday of using inside information to buy shares in listed companies and make more than…
Fed’s Goolsbee says some high monthly inflation readings won’t knock his confidence
Inflation has been so well behaved that some high readings for a few months won’t change the picture, Chicago Fed President Austan Goolsbee said Wednesday. Because…
Think falling prices would help? They could destroy an economy. Just ask China
US markets reeled on Tuesday after January’s Consumer Price Index showed inflation came in hotter than expected, leaving investors to…
Fed’s Barr says banking system is strong despite New York Community Bancorp’s woes
The recent troubles at New York Community Bancorp Inc. are not a sign of systemic problems in the U.S. banking system, a top Federal Reserve official said…
Warren Buffett’s Berkshire Hathaway sells off some Apple stock
Warren Buffett’s Berkshire Hathaway sold off 10 million shares of Apple stock in the final three months of 2023, representing about 1%…
Asian markets largely rebound; Nikkei gains despite Japan’s weak GDP data
BANGKOK — Shares rose in Asia on Thursday after Wall Street stocks recovered much of their sharp losses from a day before. Benchmarks rose in most major markets…
Ozempic, Mounjaro and hundreds of other drugs become even more expensive in 2024
Some Americans may have to shell out more this year for Ozempic and Mounjaro, two wildly popular diabetes medications also used for…
Target creates its cheapest in-store brand as spending dips
Target is taking aim at budget-conscious customers with a new value brand with prices for everyday basics that start at less than $1.…