U.S. jobless claims jump to 240,000, highest since August
admin The numbers: Initial jobless benefit claims rose by 17,000 to 240,000 in the week ended…
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Credit Suisse flags $1.6 billion 4Q loss as wealth management comes under strain
Credit Suisse Group AG said Wednesday it expects to make a loss before taxes of…
Read MoreIs the stock market open on Black Friday? Thanksgiving week trading hours for major assets.
It’s going to be a short week on Wall Street. U.S. stock exchanges will be…
Read MoreEconomy may be in a recession already, Conference Board says, after leading index drops for eighth straight month
The U.S. leading economic index fell 0.8% in October, the Conference Board said Friday. Economists…
Read MoreSupposed $477 million FTX ‘hack’ was actually a Bahamian government asset seizure
Remember that hack of nearly half a billion dollars in cryptocurrency from bankrupt FTX last…
Read MoreVisa CEO Al Kelly to step down from that role in February
Visa Inc. Chief Executive Al Kelly plans to step down from that role in February,…
Read MoreBlack Friday surprise: Jeff Bezos tells people NOT to buy cars, refrigerators and other big-ticket items. Critics call him out.
Billionaire Jeff Bezos, who founded the e-retail behemoth Amazon, has some spending tips as Americans…
Read More10 crazy things detailed in FTX’s bankruptcy filing
On Thursday, John Ray, III, the new CEO of FTX, dropped a long-awaited declaration in…
Read MoreHome builder sentiment continues to sour in November
The numbers: The National Association of Home Builders’ (NAHB) monthly confidence index fell 5 points…
Read MoreCredit Suisse strikes deal to sell securitized-products group to Apollo
Credit Suisse Group AG has entered into definitive transaction agreements to sell a large part…
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