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Business

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Bloomberg · 2h
‘Read His Book’: Dimon Offers a Tariff Tip as Trump Haunts APEC
The most important man at a gathering of world leaders and executives in Peru Thursday wasn’t even in attendance.
CNN · 4h
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.
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Dallas Morning News · 6h
Exxon laying off almost 400 workers at Irving’s Pioneer Natural Resources
Oil giant and formerly Dallas-based ExxonMobil company is cutting 397 workers from recently acquired Pioneer Natural Resources, another blow to North Texas’ shrinking oil and gas sector. The layoffs
Bloomberg · 40m
US Adds South Korea to Foreign-Exchange Monitoring Watchlist
The US Treasury added South Korea to a “monitoring list” for foreign-exchange practices that continues to include Japan and Germany, and reiterated its criticism of China’s lack of transparency with
CNBC · 1h
Japan GDP expands by 0.3% in third quarter, snapping two quarters of year-on-year declines
Japan's third-quarter real gross domestic product expanded 0.3% year on year, snapping two straight quarters of year-on-year decline. Third quarter GDP rose 0.2% quarter-on-quarter, while also
Bloomberg · 1h
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
MarketWatch · 3h
Warren Buffett’s new bets on Domino’s and Pool Corp. send those stocks climbing
Berkshire Hathaway initiated these new positions during the third quarter even as it cut back its holdings of big names like Apple and Bank of America.
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Bloomberg · 1h
Billionaire Investor Trims Alibaba After Saying Buy 'Everything' China
Turns out that Billionaire investor David Tepper, who said recently he would buy “everything” China-related amid Beijing’s stimulus blitz, trimmed exposure in e-commerce giant Alibaba Group Holding
ABC News · 3h
Why credit card rates remain high, even after interest rate cuts
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week. Credit card debt climbed $24 billion over a three-month stretch ending in
Bloomberg · 3h
UK Argues Post-Crisis Crackdown on Wall Street Has Gone Too Far
Chancellor of the Exchequer Rachel Reeves believes the UK’s crackdown on banks in the wake of the global financial crisis has gone too far and vowed to give the country’s watchdogs new marching
The Wall Street Journal · 3h
Energy & Utilities Roundup: Market Talk
Find insight on Korea Electric Power, Suncor Energy and more in the latest Market Talks covering Energy and Utilities.
Bloomberg · 1h
Bitcoin’s Speculative Frenzy Begins to Show Signs of Cooling in Futures Market
The record-breaking rally in Bitcoin since Donald Trump’s US presidential election victory is beginning to show signs of slowing in the derivatives market.

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