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UBS has agreed to pay $1.44 billion to settle a Justice Department case tied to the issuance of residential mortgage-backed securities in the buildup to the…
Crypto broker Coinbase got the nod to offer customers digital asset futures. Tiffany Hagler-Geard/Bloomberg Coinbase Global stock jumped on Wednesday after the crypto broker received approval…
US home building increased in July, rising 3.9% from June, as low inventory in the existing home market continued to boost interest in new homes. Housing…
A ‘richcession’ may be underway”In most recessions, unemployment rises more for lower-income groups,” said Tomas Philipson, a professor of public policy studies at the University of…
The U.K. has created an investment vehicle to back growth-stage financial technology companies until they can go public, in a bid to bolster Britain’s global image…
Student loan borrowers preparing to repay debt may get some relief on interest payment thanks to a recently introduced legislative bill. The Student Loan Interest Elimination…
It seems like everybody’s talking about AI these days. And with good reason: AI, short for “artificial intelligence,” has the potential to have a huge impact…
Note: Tapestry’s FY’23 ended July 2023. Tapestry (NYSE: TPR), a luxury goods retailer of handbags, shoes, and accessories under the Coach, Kate Spade, and Stuart Weitzman…
Key takeaways L’Occitane chairman Reinold Geiger is considering taking the company private for a rumored $6.5 billion The company isn’t in great financial shape, with net…
BRASILIA (Reuters) – Approval of President Luiz Inacio Lula da Silva’s government increased in August on voter perceptions that Brazil’s economy is improving and he is…