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Markets
BlackRock CEO Larry Fink on why the firm’s crushing it
BlackRock flexed its muscles this week, reminding investors why it is the world’s largest asset…
Billionaire investor Bill Ackman starts fundraising for new US fund
Hedge fund manager Bill Ackman kicked off fundraising for a new U.S.-listed closed-end fund on…
Fed delivers, stocks jump, Walmart, Target price wars
Federal Reserve Chair Jerome Powell didn't disappoint… Wall Street loved it. Vice President Kamala Harris…
Peloton to charge sizable ‘activation fee’ for used equipment purchases
Consumers in the United States and Canada who buy used Peloton exercise machines will face…
Peloton: Do they have a chance at a comeback?
High-end fitness company Peloton seems to be making progress with its turnaround plan, as it…
BlackRock’s support of ESG resolutions falls to record low
BlackRock, the world's largest asset manager, appears to be backing further away from the environmental,…
Value of gold bar hits $1 million after prices rise
For the first time ever, a single gold bar is worth $1 million, thanks to…
GM conducting layoffs in software and services division
General Motors is laying off staff in the company's software and services division. The layoffs…
Plastic manufacturers push back after Biden administration agrees to support global goal to cap production
An industry organization is pushing back after the U.S. reportedly announced that it will support…
Walmart wins, Starbucks boots CEO and Trump and Harris duel on economy
Stocks wrap up the best week of 2024 on inflation, Federal Reserve outlook Vice President…
Incoming Starbucks CEO Brian Niccol poised to get sizable compensation
Brian Niccol will receive a sizable pay package once he takes over as the CEO…
Walmart beats Wall Street expectations as it offers more grocery discounts
Walmart, the largest retailer and private employer in the U.S., reported another strong quarter, surpassing…
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