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Banks are still not your friends
Alex Mashinsky used to like to tell people that “banks are not your friends”. Banks stopped caring about their depositors, he said, and haven’t innovated since the automatic teller, a line he borrowed from former Federal Reserve…
Broadcom to Acquire VMware for $61 Billion in Mega Tech Deal
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Mobile version of VMware web page on smartphone.…
China eyes military base on Africa’s Atlantic coast: report
China is looking to create its first permanent military presence on the Atlantic Ocean, on the coast of the small African nation Equatorial Guinea, according to a report in The Wall Street Journal based on classified U.S.…
Asia-Pacific markets set to open mixed; Reserve Bank of Australia decision ahead
SINGAPORE — Futures in the Asia-Pacific pointed to a mixed open as investors look ahead to the Reserve Bank of Australia's rate decision.The Nikkei futures contract in Chicago was at 26,445 while its counterpart in Osaka was at 26,230.…
Microsoft Is The Ultimate Wonderful Company At A Fair Price (NASDAQ:MSFT)
tiero/iStock via Getty Images It's been an extraordinary year for stocks. On May 18th, the S&P fell 4%, and the Nasdaq almost 5%, the worst day for the market since June 11th, 2020. Ycharts For many popular growth stocks, it's…
London Stock Exchange acquires Quantile
Pedestrians leave and enter the London Stock Exchange in London, Britain August 15, 2017. REUTERS/Neil Hall/File PhotoRegister now for FREE unlimited access to reuters.comRegisterLONDON, Dec 6 (Reuters) - London Stock Exchange Group…
China Evergrande shares hit 11-year low after firm says no guarantee it can meet
The China Evergrande Centre building sign is seen in Hong Kong, China, September 23, 2021. REUTERS/Tyrone SiuRegister now for FREE unlimited access to reuters.comRegisterHONG KONG, Dec 6 (Reuters) - Shares of China Evergrande Group…
JP Morgan | Oksana Aronov: JPMorgan’s Aronov ignores the ‘cash is trash’ chorus
It’s a common motto among investors: Cash is trash. But Oksana Aronov, head of market strategy, alternative fixed income at JPMorgan Asset Management, says not so fast.
“I’ve been hearing about investors losing money sitting in cash, and…
All the recession warning signs this week | CNN Business
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It’s the question everyone is asking: Are we about to enter a recession?
A tepid stock market, soaring inflation, and rising…
What is total value locked (TVL) in crypto and why does it matter?
In 2022, Ethereum appeared as the largest network by DeFi TVL, accounting for over half of the total DeFi volume worldwide. To give some perspective, the Ethereum DeFi network includes just under 500 protocols. It has a TVL of…