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Tag: Wall
Wall St. Is Counting on a Debt Limit Trick That Could Entail Trouble
“This so-called prioritization scheme makes Republicans’ priorities pretty clear — crystal clear, if I may add,” Karine Jean-Pierre, the White House press secretary, said on Jan. 17. “They want to…
As Debt Ceiling Threat Looms, Wall Street and Washington Have Only Rough Plans
In the month before the debt ceiling was raised in summer 2011, short-dated government bonds called bills swiftly fell in value, pushing their yield — indicative of the government’s cost…
Wall Street Journal: Mark Zuckerberg tells employees layoffs coming Wednesday
CNN Business — Meta CEO Mark Zuckerberg told company executives that major layoffs at the tech giant will begin on Wednesday morning, the Wall Street Journal reported Tuesday afternoon. Read…
Meet the team behind CNN’s famous ‘Magic Wall’
Editor’s Note: This story originally appeared in the “Inside CNN” newsletter. Create a free CNN account to access this weekly newsletter and much more. CNN — CNN’s John King has…
Fed Prepares Another Rate Increase as Wall Street Wonders What’s Next
Federal Reserve officials are set to make a second abnormally large interest rate increase this week as they race to cool down an overheating economy. The question for many economists…
Biden Administration Plans Could End Border Wall Park Where Loved Ones Interact
A well-known portion of the U.S.-Mexico border that connects loved ones in the two countries could be closed off due to plans by the Biden administration, several California news outlets…
How Wall Street Escaped the Crypto Meltdown
Only a small subset of Goldman’s clients qualified to buy investments linked to crypto through the bank, said Mary Athridge, a Goldman Sachs spokeswoman. Clients had to go through a…
Wall St. Poised for Modest Rebound Amid Economic Pressures
Stock indexes across Europe opened higher but then slumped, and were down by about 1 percent by late morning. The Stoxx Europe 600 fell 1.2 percent, after climbing as much…