Tag: U.S. economy

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Wells Fargo CEO Warns of Potential $2-3 Billion Loss on Office Loan Portfolio

Wells Fargo CEO Charlie Scharf announced on Thursday that the bank may face losses ranging between $2 billion and $3 billion in its commercial...

After Fed Cuts Rates, Biden Claims Credit for Economy’s Strength

Following the Federal Reserve’s decision to cut interest rates, President Joe Biden praised the move as a positive sign of the economy’s resilience. In...

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Goldman Sachs Appoints Ben Snider as Equity Chief

Snider takes over from veteran strategist David Kostin Goldman Sachs...

Sterling Climbs on Rate Outlook Divergence

British pound rises amid stable BoE expectations The British pound...

Why French Retirees Now Outearn the Workforce

Pensioners earn more than working adults in France In a...

How Fed Rate Changes Impact Your Savings

Understanding the Fed’s influence on your bank returns When the...

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