Finance
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Trump’s trade adviser embarrassingly retracted a claim that a US deal with China was ‘over’
President Donald Trump’s trade adviser Peter Navarro retracted a claim made in an interview that a US-China trade deal was “over.” He...
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442Former Wirecard CEO Markus Braun has been arrested in Germany, days after the company reported that $2.2 billion was missing
picture alliance/Getty German payments firm Wirecard’s former chief executive officer Markus Braun has been arrested by prosecutors after he turned himself in...
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Credit-card data is broken. Here’s how hedge funds and banks are trying to retool one of the original alt-data trades.
Credit-card data is one of the original alternative-data streams used by hedge funds and other investors. But the pandemic has disrupted consumer...
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490Hertz shares are likely going to $0, Morgan Stanley says (HTZ)
Associated Press Morgan Stanley on Monday lowered its base case for Hertz to $0 from $2, citing risks of de-listing or a...
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Insiders say forgiving PPP loans will be more complex than applying was. Here’s how fintechs are helping— and winning over banks’ clients as a result.
As the application period for the paycheck-protection program for small businesses closes, attention is shifting to what needs to be done for...
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MORGAN STANLEY: The best-performing stocks for the end of recessions are loaded for surprising gains in the second half of the year. Here’s how to ready your portfolio in advance.
Morgan Stanley’s US equity chief Mike Wilson thinks the economy’s reopening will be faster than many expect, and says he has received...
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398Existing-home sales bottom out at a nearly 10-year low — but National Association of Realtors says a recovery is coming
Joe Raedle/Getty Images Existing home sales slumped 9.7% to a seasonally adjusted annual rate of 3.91 million units in May, the National...
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After 2 layoff rounds, a valuation nosedive, and chaotic landlord negotiations, Airbnb-backed Zeus Living is shifting its business model. Here’s how the corporate-housing startup is moving forward.
Zeus Living, an Airbnb-backed startup that focuses on corporate housing, laid off almost two-thirds of its staff in three months. The startup...
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405‘A terrible, gut-wrenching scenario’: Famed investor Wolf Richter says he’s shorting stocks because they’re more overpriced than before the dot-com crash
Reuters Veteran investor Wolf Richter is shorting stocks because he views them are more overpriced now than they were during the dot-com...
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How to decide if you should take the GMAT or GRE for business school so you can save time and money
The GMAT and GRE are being proctored online because of the novel coronavirus pandemic. But students still have to decide which test...