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Warnings from bank executives that Americans are struggling to keep up with their bills have set off alarms on Wall Street, with shares of consumer-lending companies sliding.
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The New York Times - Business
Wall Street Expects Half-Point Fed Rate Cut
The S&P 500 is hovering just below record territory, driven by a revived rally as bets have grown that the Federal Reserve will cut interest rates by half a percentage point.13 hours ago - Federal Reserve -
CNBC - Business
JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
The move shows how JPMorgan Chase, the biggest American investment bank by revenue, is responding to the latest untimely death on Wall Street.5 hours ago -
NBC News - Top stories
JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns
JPMorgan Chase has created a new global role overseeing all junior bankers in an effort to better manage their workload after the death of a Bank of America associate in May forced Wall Street to ...4 hours ago -
BBC News - Top stories
We have to keep Commonwealth Games going - Kenny
Dame Laura Kenny has called on cities to step up for the 2030 Commonwealth Games after Glasgow became hosts for the 2026 edition.12 hours ago -
The Guardian - World
Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live
Powell rejects accusations that timing of rate cut is political and adds US labor market is ‘at a strong place’. What does a Federal Reserve interest rate cut mean for you? Despite fears of a ...2 hours ago - Federal Reserve -
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.Yesterday -
Financial Times - World
Malnutrition crisis threatens child health gains, warns Bill Gates
Foundation says about 40mn children are at risk of stunted growth as climate change worsens food securityYesterday -
MarketWatch - Business
Bank of England’s rate cutting on hold after air fares take off
The Bank of England unlikely to join peers in cutting rates this month as it’s stymied by stubborn service sector inflation.9 hours ago -
BBC News - Top stories
New bank hubs to open but many don't have printers to provide statements
New rules on branch closures take effect but questions remain over the facilities in shared hubs.13 hours ago
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How Did Thousands of Pagers Used by Hezbollah Explode at the Same Time?
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Hezbollah Walkie-Talkies Blow Up Across Lebanon in Second Wave of Explosions
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Suspected Trump Gunman Touted Potential 'Taiwan Foreign Legion'
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The Missing Girls: How China's One-Child Policy Tore Families Apart
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Hezbollah Pagers Explode in Apparent Attack Across Lebanon
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