Business

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In Position To Continue Playing Offense: Garlinghouse

Brad Garlinghouse, CEO of Ripple, joins Scarlet Fu and Isabelle Lee on "Bloomberg Crypto." Ripple said it has received final approval from the US Office of the Comptroller of the Currency to establish a national trust bank, the latest step…

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Petroperu Chair Eyes Rare Profit, Investors for Minority Stake

Petroperu’s board will look to sell a minority stake in the ailing state-owned oil giant early next year, according to its chairman, who says the company is on track to notch its first annual profit since 2021.

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Bond investor Jeff Gundlach on Fed's rate pause: 'What are you waiting for?'

The DoubleLine founder spoke with CNBC's "Closing Bell" on Wednesday after the Fed announced its decision to hold interest rates steady.

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Weil leadership to tell partners firm should be dissolved

Decision marks stunning downfall for near-century-old law firm that was among America’s largest and most prestigious

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Fed chairman talks tough on inflation — plus, what's behind Micron's big rally

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

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Chickens Are Coming Home to Roost in Credit

Leveraged loans get repriced for a new era.

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DOJ Inquires About Nvidia’s Hugging Face Deal, Reuters Says

The US Justice Department is making inquiries about Nvidia Corp.’s agreement to acquire AI model company Hugging Face for about $13 billion, part of broader regulatory scrutiny of the chip giant, Reuters reported.

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Labour is still searching for an energy fix for a new world

The chancellor is right to focus on pure affordability, but £100 handouts and delayed decisions won’t shield consumers from the next wave of price hikes Amid the myriad of small measures, virtually everything in John Healey’s budget came…

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US Federal Reserve keeps rates unchanged, leaves door open to further hikes

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Zimbabwe Inflation Rises to 4.3% in October

Zimbabwe's annual inflation rose to 4.3% in October from 3.7% in September, above the 4.0% analysts had forecast for the month. The post Zimbabwe Inflation Rises to 4.3% in October appeared first on The Rio Times .

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Fed holds rates days before US midterms as two officials push for another hike

The Federal Reserve kept interest rates unchanged on Wednesday, six days before the midterms, but two officials, including Governor Lisa Cook, whom US President Donald Trump is trying to fire, voted for a hike, with inflation at 3.7% and…

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Deutsche Telekom Is Said to Hit Brakes on Giant T-Mobile Merger

Deutsche Telekom AG’s plans to combine with its American arm T-Mobile US Inc. have hit a snag, people familiar with the matter said, casting doubt on what would be the largest-ever public merger.