business news
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Finance
Barclays shares sink 6% despite fourth-quarter profit hike as 2025 guidance fails to impress
Chris Ratcliffe | Bloomberg | Getty Images Shares of British bank Barclays sank in early Thursday trade, after the lender’s…
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Economy
Wholesale prices rose 0.4% in January, more than expected
Customers shop for produce at an H-E-B grocery store on Feb. 12, 2025 in Austin, Texas. Brandon Bell | Getty…
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Finance
Germany’s second-largest lender Commerzbank to cut 3,900 jobs as it unveils new targets
Germany’s second-largest lender Commerzbank on Thursday announced it will eliminate 3,900 full-time positions by 2028, largely in its native Germany,…
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Finance
Chinese businesses rush to try DeepSeek AI at ‘unprecedented’ scale
BEIJING — Chinese businesses are tapping DeepSeek’s newest artificial intelligence model to see how it can improve productivity. The Chinese…
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Finance
Stocks making the biggest moves after hours: Reddit, Robinhood, Dutch Bros, MGM Resorts and more
Check out the companies making headlines in postmarket trading: Reddit — The social media platform slid 17% after Reddit’s user…
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Economy
Ray Dalio to the Trump administration: Cut debt now or face an ‘economic heart attack’
DUBAI, United Arab Emirates — Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of…
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Finance
CFPB’s new leadership begins staff purge with dozens of employees terminated
Acting director of the Office of Management and Budget Russell Vought speaks with reporters during a press briefing at the…
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Finance
Stocks making the biggest moves midday: CVS, Zillow, Avis Budget, Kraft Heinz and more
Check out the companies making headlines in midday trading: Baidu — The Chinese tech stock added 4% after a source…
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Finance
Bank of America CEO on inflation impact on U.S. economy: ‘Rates are going to stay where they are’
Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve…
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Finance
Jeremy Siegel is cautious on the Mag 7: ‘We have these two markets’
Wharton School professor Jeremy Siegel is uncertain whether the “Magnificent Seven” companies can continue to enjoy the run they’ve had,…
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