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Amazon Renews Prime Credit Card Tie-Up With JPMorgan Chase After Flirting With American Express
Credit card deals with popular brands including Amazon, Costco and American Airlines are some of the most hotly contested contracts in the financial world.
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Investors Believe the Biggest Threat to the Markets Now Is a Fed Misstep, CNBC Survey Shows
A majority of Wall Street investors believe the biggest threat facing the markets is a policy error by the Federal Reserve, according to a new CNBC investor survey.
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Bill Ackman Is Done With Activist Short-Selling, Will Focus on Quieter, Long-Term Approach
Investor Bill Ackman said Tuesday that he will no longer take part in activist short selling.
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Goldman Sachs Is Buying Corporate Retirement Plan Robo-Advisor NextCapital
Goldman and rivals including Morgan Stanley and JPMorgan Chase have amped up their acquisitions in both fintech and asset management in recent years.
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Oil Slides More Than 8% as Shanghai Lockdown Prompts Demand Fears
Oil prices declined on Monday as a fresh set of lockdowns in China — the world’s largest oil importer — sparked demand slowdown fears.
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BlackRock's Larry Fink, Who Oversees $10 Trillion, Says Russia-Ukraine War Is Ending Globalization
Larry Fink, CEO and chairman of the world’s biggest asset manager, BlackRock, said Russia’s invasion of Ukraine has ended globalization.
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Wall Street Bonuses Climb to Record $257,500 Per Worker Last Year, New York's Fiscal Chief Says
DiNapoli’s report highlights the outsized role Wall Street employees have in New York’s financial health.
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Ryan Cohen Scoops Up 100,000 More Shares of GameStop, Meme Stock Surges 14%
GameStop chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9%.
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Carl Icahn Says There ‘Very Well Could Be a Recession Or Even Worse'
The founder and chairman of Icahn Enterprises said surging inflation is a major threat to the economy.
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Goldman Sachs, Galaxy Digital Announce Milestone Over-The-Counter Crypto Trade
That Goldman, a top player in markets for traditional assets, is involved is a signal of the increased maturity of the asset class for institutional players.
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Four Climate Investors Explain the New Boom — Where the Money's Going and Risks Ahead
As climate and clean tech investing attracts billions of dollars, four pros weighed on the state of the industry at CERAWeek.
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Hedge Funds Are Doubling Down on Commodities Bets With Some Notching Big Gains
Hedge funds have ramped up their commodity bets as prices surged during geopolitical turmoil, and managers with big exposure are reaping sizable profits.
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Gramercy Funds CIO on Emerging Markets Investing Amid the Russia War, Including Ukrainian Bonds
Robert Koenigsberger, CIO of Gramercy Funds, discussed his investment in Ukrainian bonds.
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Warren Buffett Scoops Up Another $1 Billion in Occidental Shares, Bringing Total Stake to $7 Billion
Berkshire Hathaway purchased an additional 18.1 million shares of Occidental Petroleum for almost $1 billion on the first three days of this week.
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Berkshire Hathaway Closes at a Record Above $500,000 a Share as Buffett's Conglomerate Roars Back
Berkshire Hathaway’s Class A shares hit an all-time closing high above $500,000 as Warren Buffett’s conglomerate continues to fire on all cylinders.
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Oil Market Heads for ‘Biggest Supply Crisis in Decades' With Russia's Exports Set to Fall, IEA Says
The International Energy Agency said 3 million barrels per day of Russian production could be lost beginning next month, squeezing an already tight global oil market.
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Chinese Stocks Trading in the U.S. Rocket Higher After China Signals Support for the Shares
Shares of Chinese companies listed publicly in the U.S. surged Wednesday as China on Wednesday signaled support for the stocks.
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Oil Drops Again, Now More Than 27% Below Recent High
Oil prices came under pressure as a number of factors weighed on the market, including the Russia-Ukraine war and a potential slowdown in demand from China.
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JPMorgan Rolls Back Covid Precautions Including Masking and Mandatory Testing as U.S. Cases Drop
Two years after sending employees home en masse in the early days of the pandemic, corporations are preparing for the return to office life.
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U.S. Oil Tumbles More Than 8%, Dips Below $100 Per Barrel
Oil prices are under pressure amid talks between Russia and Ukraine and a Covid outbreak in China that could reduce demand.