By Simon Jessop LONDON (Reuters) -Britain’s biggest asset manager, Legal & General Investment Management (LGIM), said on Thursday it would back a number of climate-focused shareholder resolu[...]
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US
Can AI answer your money questions? We put chatbots to the test
By Chris Taylor NEW YORK (Reuters) – Face it, we could all use a little help with our money. So who better to ask for personal finance advice than a couple of the most powerful chatbots on the p[...]
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Heroes or villains: Short sellers’ role in the U.S. bank crisis
By Lawrence Delevingne (Reuters) – As First Republic Bank’s share price fell by double-digits in the aftermath of the collapse of Silicon Valley Bank last month, some people close to the S[...]
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NY Fed survey finds Americans more downbeat on credit access
By Michael S. Derby NEW YORK (Reuters) – Americans said last month that access to credit was at its toughest level in nearly a decade, as they also braced for higher levels of inflation over the[...]
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‘Powell’s curve’ plunges to new lows, flashing US recession warning
By Davide Barbuscia NEW YORK (Reuters) -The Federal Reserve’s preferred bond market signal of an upcoming recession has plunged to fresh lows, bolstering the case for those who believe the centr[...]
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US dividend funds see biggest quarterly outflows in 2-1/2 years
By Patturaja Murugaboopathy and Chuck Mikolajczak (Reuters) – U.S. dividend funds have faced steep outflows this year after strong inflows last year as investors rush to safer money market funds[...]
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Goldman Sachs fined $3 million by FINRA over mismarking short sale orders
NEW YORK (Reuters) – The Financial Industry Regulatory Authority, Wall Street’s self-funded watchdog, fined Goldman Sachs Inc $3 million on Tuesday for mistakenly marking some of its stock[...]
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Cryptoverse: Bitcoin traders like their options
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Even as bitcoin flies high, investors are keeping their options open, judging by a record race to derivatives. Open interest for bitcoin opt[...]
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US IRS to unveil $80 billion 10-year spending plan this week, Yellen says
WASHINGTON (Reuters) – The Internal Revenue Service will unveil its long-awaited 10-year spending plan for $80 billion in new funding to beef up enforcement and taxpayer services, U.S. Treasury[...]
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