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CNBC - Business
Oil stares at a bleak future as China's economy sputters. The good news: A market 'bust' is unlikely
Lower oil prices were the dominant theme in Asia's largest oil conference. The question was not whether oil will go lower, but mostly by how much will it decline in the coming years.Yesterday - China -
NBC News - Politics
Harris talks economy, Trump comments about immigrants in Ohio in NABJ event
Vice President Harris spoke at a discussion hosted by the National Association of Black Journalists in Philadelphia on Tuesday, weeks after former President Trump questioned her racial identity at ...Yesterday - Donald Trump -
MarketWatch - Business
The second-largest economy in the world just raised its retirement age. American workers should take notice.
The U.S. is facing a similar retirement crisis, and there’s no easy solution.2 days ago -
CNBC - Business
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
While the talks are early and could falter, the move could mean that the country's largest credit card issuer may grow even larger.2 days ago - Apple -
NBC News - Top stories
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The Federal Deposit Insurance Corp.2 days ago -
NBC News - Top stories
Apple is in talks with JPMorgan for bank to take over card from Goldman Sachs
Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program from Goldman Sachs, a person with knowledge of the negotiations said.2 days ago - Apple -
The New York Times - Business
Banking Deal Oversight to Get a Major Revamp
The F.D.I.C. and the Justice Department are changing how they evaluate mergers and acquisitions in the banking industry.2 days ago -
CNBC - Business
Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger
A recent report funded by Bank of America revealed that Latinas contributed $1.3 trillion to U.S. GDP in 2021, and some economists think it could be more.2 days ago -
CNBC - Business
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The rule, aimed at accounts opened by fintech firms that partner with banks, makes the institution maintain records of who owns the account and daily balances.2 days ago -
ABC News - World
Budapest and Poland's Wroclaw reinforce their river banks ahead of more flooding
Soldiers have dropped sandbags from military helicopters to reinforce river embankments and evacuated residents as the worst flooding in years spreads across Central Europe2 days ago -
The New York Times - Business
F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers
Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says.2 days ago -
Financial Times - Business
Lib Dems to press Rachel Reeves to raise taxes on banks and wealthy
Ed Davey wraps up party conference saying rich should pay more to fund transformation of NHS and social care2 days ago -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.2 days ago - Federal Reserve -
Financial Times - Business
Traders step up bets on BoE interest rate cut
Markets price in 35% chance of central bank move this week as expectations of large US rate cut have grown2 days ago -
MarketWatch - Business
Despite recent volatility, there are 5 reasons to be optimistic on markets, says Deutsche Bank
A traditionally better fourth quarter and Fed rate cuts should support the stock market rally says Deutsche2 days ago -
The New York Times - Business
How the Fed Cutting Interest Rates Affects Stocks, Banks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.2 days ago - Federal Reserve -
The New York Times - Business
F.D.I.C. and Justice Dept. May Get Tougher on Bank Deals
The F.D.I.C. is expected to vote on more stringent new rules for takeovers, while the Justice Department plans to overhaul its own guidelines.2 days ago -
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CNBC - Business
Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
From property woes to sluggish economic data, China appears to be suffering from long Covid.2 days ago -
The New York Times - Top stories
China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges
The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.2 days ago - China -
CNBC - Business
India's central bank chief plays down fears of a deposit crunch
Reserve Bank of India Governor Shaktikanta Das raised the issue of slowing bank deposits underperforming an expansion in loans in an interview with CNBC.2 days ago