The Three Minds Leading the Fed's Inflation Rethink
Greg Mankiw, Thomas Sargent and William White all have strong ideas about why prices rise. Their work could guide how the Fed fights inflation.
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Fannie Mae Hit by Turmoil in Senior Ranks as Roughly 12 Executives Are Let Go
The departures are raising concerns about stability inside the government mortgage giant.
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Bitcoin Surges as Institutional Demand, Short Covering, Clarity Act Progress Converge
The cryptocurrency jumped more than 9% to hit a peak of $79,455 on Friday-its highest level since late May-as a combination of catalysts coincided.
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Italy's Monte dei Paschi Makes $40 Billion Move to Buy Rival Banks
The all-share bids for Banco BPM and Banca Generali comes as Monte dei Paschi fights off a takeover offer from Intesa Sanpaolo.
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Private Equity Is Deploying an Army of AI Wonks to Embed in the Firms They Back
Wall Street firms see big business potential in offering AI services to the broader business world.
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The Fall and Redemption of Bill Miller, Once the Greatest Money Manager of Our Time
He was known as one of the world's best investors, until he got smacked down by the financial crisis. But almost 20 years later, his ideas and legacy resonate strongly.
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Financial Services Roundup: Market Talk
Find insight on Bitcoin ETFs, U.S. stocks linked to cryptocurrencies, Experian and more in the latest Market Talks covering financial services.
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Layoffs at JPMorgan Hit Highest Level Since 2015
The country's largest bank filed six layoff notices between February and July, impacting nearly 800 employees in Texas, New Jersey, and California.
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Private-Equity Firms Look for an Exit Three Years After Buying EverBank
The five owners of Florida-based EverBank clashed over its strategy after their 2023 purchase.
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Rainmakers in Talks to Leave Weil Gotshal Amid Poaching Frenzy
Two groups that include star lawyers are exploring joining rival firms, the latest disruption in Big Law.
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Private Credit's Next Big Thing Is $1 Trillion in British Pensions
A deal that includes Standard Life, CVC and Goldman Sachs is the latest to tap an increasingly popular source of investor cash.
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California Draws More Startup Investment Than All Other 49 States Combined
Investors have plowed a record $366 billion in venture-capital funding into the state amid the AI boom.