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A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.
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Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
Microsoft signs deal to invest more than $10 billion on renewable energy capacity to power data centers
Microsoft and Brookfield Asset Management will develop 10.5 gigawatts of renewable energy, in a deal they describe as the largest of its kind.CNBC - Business - Microsoft -
U.S. Imposes Sanctions on Chinese Companies for Aiding Russia’s War Effort
The penalties came after top Biden administration officials warned China not to help Moscow restock its arsenal to attack Ukraine.The New York Times - Business - Russia -
U.S. Imposes Sanctions on Chinese Companies for Aiding Russia’s War Effort
The penalties came after top Biden administration officials warned China not to help Moscow restock its arsenal to attack Ukraine.The New York Times - Top stories - Russia -
How to save for retirement if your company doesn't offer a 401(k)
Not every employer offers a 401(k) retirement account, but there are suitable alternatives.CNBC - Business -
Shares of two big online education stocks tank more than 10% as students use ChatGPT
Chegg and Coursera both sank more than 10% in trading Tuesday, a day after issuing disappointing guidance.CNBC - Business -
US includes Chinese groups in sanctions over aid to Russian military
Latest measures come as Washington steps up support for UkraineFinancial Times - Business - Russia -
US includes Chinese groups in sanctions over aid to Russian military
Latest measures come as Washington steps up support for UkraineFinancial Times - Business - Russia -
US includes Chinese groups in sanctions over aid to Russian military
Latest measures come as Washington steps up support for UkraineFinancial Times - Business - Russia -
US includes Chinese groups in sanctions over aid to Russian military
Latest measures come as Washington steps up support for UkraineFinancial Times - Business - Russia
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Eurozone Government Bond Yields Edge Lower After Fed Meeting
Eurozone government bond yields declined, trading by 3-4 basis points lower, as they tracked a fall in Treasury yields on Wednesday in the wake of the Fed meeting.The Wall Street Journal - World - Federal Reserve -
Dollar Falls After Fed Decision, Focus Now Turns to Jobs Data
The dollar fell after the Federal Reserve appeared to rule out the possibility of raising interest rates, instead reiterating that it would take longer to gain confidence that inflation has fallen sufficiently to be able to cut rates.The Wall Street Journal - World - Federal Reserve -
ING Continues Buybacks to Boost Captial Ratio
ING backed its full-year guidance and said it planned to buy back up to €2.5 billion of shares to bring its common equity Tier 1 ratio toward its target.The Wall Street Journal - World -
Hugo Boss Keeps Outlook After Strong First Quarter
Hugo Boss reported profit and revenue growth in the first quarter, helped by brand investment and efficiency gains, and confirmed its full-year targets.The Wall Street Journal - World -
Shell Launches $3.5 Billion Buyback
Shell’s first-quarter adjusted earnings fell by less than expected, and the oil major kicked off a share buyback as it hurried to close the valuation gap to its U.S. rivals.The Wall Street Journal - World