By Chris Taylor NEW YORK (Reuters) – Joe Natiello is facing what you might call a “nice problem to have.” Almost 20 years ago, the 64-year-old Westfield, New Jersey, resident took ou[...]
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NEWSLETTER
Wood’s Ark Innovation Fund on Pace for Best Month Ever as Battered Stocks Surge
By David Randall NEW YORK (Reuters) – Cathie Wood’s ARK Innovation Fund is closing in on the best monthly performance in its history as it rides a rebound in many of the high-growth stocks[...]
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Amex Forecasts Upbeat Full-Year Profit on Buoyant Spending Trends
By Manya Saini (Reuters) -American Express Co forecast full-year profit above Wall Street estimate on Friday, as the U.S. credit card company banked on expectations that its largely well-off customers[...]
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Mastercard beats profit estimates on resilient spending
Reuters) – Mastercard Inc on Thursday reported a better-than-expected profit for the fourth quarter as resilient spending volumes helped the payments company cushion the blow from higher expense[...]
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How to cure a holiday debt hangover
By Chris Taylor NEW YORK (Reuters) – The holidays are over, but hopefully you took away some lasting memories. Some of them were priceless and others came at a price. For the latter, here is the[...]
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Top hedge funds earned sharply less for clients in 2022, LCH data shows
By Svea Herbst-Bayliss (Reuters) -The 20 best performing hedge fund managers earned $22.4 billion for investors in 2022, marking their slimmest gains since 2016 as many firms, including Tiger Global M[...]
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Yellen says setting price caps on Russian refined oil products ‘complicated’
By Andrea Shalal DAKAR (Reuters) – Western countries are working to structure price caps on Russian refined petroleum products to ensure continued flow of Russian diesel, but the markets are com[...]
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Global equity funds post second weekly inflows in a row
(Reuters) – Global equity funds secured weekly inflows for a second straight week in the week to Jan. 18 on hopes over waning inflationary risks and more measured rate hikes from the Federal Res[...]
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Davos 2023: Moderna CEO says he wants to have mRNA factory on every continent
DAVOS, Switzerland (Reuters) – Moderna chief executive Stephane Bancel said he would like to have factories making vaccines based on its messenger RNA technology on every continent as the U.S. c[...]
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