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Business

Goldman Sachs scraps idea for direct-to-consumer credit card after strategy shift

[ad_1] Goldman Sachs has dropped plans to develop a Goldman-branded credit card for retail customers, another casualty of the firm’s…

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Enterprenuers

Cramer’s lightning round: AGNC Investment is not a buy

[ad_1] Paramount Global: “Too cheap to believe. … I don’t know where it bottoms, but it sure isn’t close to…

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Stock Market

Bank of America stock plunges, leading selloff in shares of largest U.S. banks

[ad_1] Shares of many of America’s largest banks are falling sharply this week after a period of outperformance that saw…

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Business

Morgan Stanley cut about 2% of global staff on Tuesday, sources say

[ad_1] James Gorman, chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview on day three of the…

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Business

Goldman Sachs warns traders of shrinking bonus pool as Wall Street hunkers down

[ad_1] David Solomon, chief executive officer of Goldman Sachs, speaks during the Milken Institute Global Conference in Beverly Hills, April…

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Enterprenuers

Delta is making it harder to get into its airport lounges after they were flooded by travelers

[ad_1] The Sky Lounge during a tour of Delta Air Lines Terminal C at LaGuardia Airport (LGA) in the Queens…

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Enterprenuers

Stocks making the biggest moves midday: Citigroup, Manchester United, Nordstrom, Tesla and more

[ad_1] Check out the companies making headlines in midday trading Wednesday: Citigroup — The stock dropped 2.3% after Citigroup was…

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Business

Citigroup faulted by U.S. banking regulators for poor data management in ‘living will’ review

[ad_1] CEO of Citigroup Jane Fraser testifies during a hearing before the House Committee on Financial Services at Rayburn House…

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Business

JPMorgan Chase tops estimates as bank reaps more interest income than expected after jump in rates

[ad_1] Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual…

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Enterprenuers

Stocks making the biggest moves midday: JPMorgan Chase, Albertsons, Tesla, Beyond Meat, Delta and more

[ad_1] Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C…

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