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JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps
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CNBC - Business
One of the biggest bears in this bull market is leaving JPMorgan
Marko Kolanovic, who called the Covid-era rebound but missed the latest stock rally, is leaving the bank. -
Financial Times - Business
Kolanovic to leave JPMorgan after series of mistimed stock market calls
Top analyst leaves US bank after bearish forecasts on S&P 500 -
Financial Times - World
SoftBank to prioritise AI deals over share buybacks despite pressure from Elliott
Japanese group’s top leaders seek ‘new investment activity’ after calls from hedge fund to return cash -
The Guardian - World
Naomi Osaka rues swift Wimbledon exit while Coco Gauff marches on
Osaka ‘disappointed’ by 6-4, 6-1 Navarro lossDominant Gauff defeats Anca Todoni 6-2, 6-1When Naomi Osaka returned to the Tour in January, six months after giving birth to her daughter, she said she did not expect to hit top form until later this ... -
The Hill - Politics
Fed confident in 'restrictive' rate level while sounding notes of caution
Minutes from the Federal Reserve’s June meeting revealed confidence among central bankers that elevated interest rates were having the desired effect of cooling the economy toward a soft landing and 2-percent annual inflation. “The vast majority ...Federal Reserve -
Yahoo News - World
Ukraine receives €2-billion boost in government funding from IMF
Ukraine -
Financial Times - Business
Potent overdose treatment boosts hopes of combating opioid crisis
New compound increases strength of antidote for fentanyl and other lethal drugs -
ABC News - Sports
Young British players boost local hopes at Wimbledon for another homegrown champion
British players not named Andy Murray have struggled to make a lasting impact at Wimbledon in recent years, but there are flickers of hope -
NBC News - Top stories
Federal agency plans to cull 450,000 barred owls to boost another species
The U.S. Fish and Wildlife Service is keeping its aim trained on the barred owl, hoping an effort to cull the species could save its close genetic relative. -
MarketWatch - Business
Hedge fund selling of tech stocks has limited potential for crash, JPMorgan says
Hedge funds in June sold off tech stocks at their fastest rate on record. This sell-off has limited the potential for a crash, JPMorgan said.
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CNBC - Business
Fed says it's not ready to cut rates until 'greater confidence' inflation is moving to 2% goal
The Federal Reserve on Wednesday released minutes from its June 11-12 meeting.Federal Reserve -
CNBC - Business
Vice President Kamala Harris' past donors privately strategize in case Biden drops out
Vice President Kamala Harris' allies discuss scenarios in the event that President Joe Biden decides not to keep his reelection campaign going.Joe Biden -
CNBC - Business
Southwest Airlines adopts 'poison pill' to fend off activist Elliott Management
Southwest adopted a shareholder rights plan to fend off an effort from activist Elliott Management to oust CEO Bob Jordan and Chairman Gary Kelly. -
CNBC - Business
China faces economic headwinds as it grapples with an aging — and shrinking — population
Birth rates are falling around the world as women choose to have children later, or not at all.China -
CNBC - Business
Delta goes pasta-only for thousands of international travelers after 'spoiled' food forced a flight to divert
Delta said it was serving pasta only on about 75 international flights on Wednesday after a 'spoiled meal' forced an Amsterdam-bound flight to divert.