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Biden adviser calls Wall Street opposition to shale drilling 'un-American'

Biden adviser calls Wall Street opposition to shale drilling ‘un-American’

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White House chief energy adviser slams US shale investors’ refusal to ramp up drilling as ‘un-American’, even as Moscow’s invasion of Ukraine wreaks havoc on markets world oil and gas. US oil companies have come under pressure from Wall Street to return record profits to investors this year, despite repeated pleas from President Joe Biden …

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Wall Street's surprising consensus forecast for 2023: Morning Brief

Wall Street’s surprising consensus forecast for 2023: Morning Brief

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This article first appeared in the Morning Brief. Get the Morning Brief delivered straight to your inbox Monday through Friday by 6:30 a.m. ET. Subscribe Friday, December 9, 2022 Today’s newsletter is from Myles Abroad, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. Read this and other market news …

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Top Wall Street CEOs amplify recession warnings as bets on dismal 2023 swell

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Bank of America CEO Brian Moynihan discusses the pace of the economy as the Fed battles to rein in inflation on “Cavuto: Coast to Coast.” A chorus of Wall Street CEOs is sounding the alarm about the state of the US economy rose stronger this week as leaders stepped up warnings of a possible recession …

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S&P posts fourth straight decline as recession talk weighs on Wall Street

S&P posts fourth straight decline as recession talk weighs on Wall Street

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Meta stumbles upon EU concern report over targeted ads Energy stocks fall as crude trades at lowest level since January Indices down: Dow 1.03%, S&P 1.44%, Nasdaq 2% Dec 6 (Reuters) – Wall Street ended lower on Tuesday, with the S&P 500 extending its losing streak to four sessions, as jittery investors worried about Federal …

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Cramer talks about some hot industrial stocks and how we play Wall Street's kingpin from tech

Cramer talks about some hot industrial stocks and how we play Wall Street’s kingpin from tech

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The market is so obsessed with technology that it cannot see the forest through the industrialists. If the talk isn’t about the cloud slowdown, it’s about who is stepping down from the now-private Twitter, or how disappointing it is that co-CEO Bret Taylor has left Salesforce (CRM). Mark Zuckerberg of Meta Platforms (META) might sneeze …

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From Bank of America to Morgan Stanley, the Wall Street giants expect stocks to fall more than 20% next year. Here is what they said.

From Bank of America to Morgan Stanley, the Wall Street giants expect stocks to fall more than 20% next year. Here is what they said.

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Three major Wall Street banks expect the S&P 500 to fall more than 20% at some point next year. U.S. stocks face a recession, earnings outlook cuts and liquidity risks as the Fed raises rates. Here’s what Morgan Stanley, Bank of America and Deutsche Bank are saying about what could drive stocks lower. Loading Something …

From Bank of America to Morgan Stanley, the Wall Street giants expect stocks to fall more than 20% next year. Here is what they said. Read More »

Wall Street's biggest banks cut bonuses by up to 30%

Wall Street’s biggest banks cut bonuses by up to 30%

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(Bloomberg) – Across Wall Street, this year’s gloomy expectations for banker bonuses are quickly proving true, as a slump in deals ends the industry’s war for talent and corporations regain the upper hand in fixing wages. Bloomberg’s Most Read JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc. are all considering cutting bonus …

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Indian Morning Briefing: Asian markets follow higher gains on Wall Street

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GLOBAL MARKETS DJIA 34194.06 95.96 0.28% Nasdaq 11285.32 110.91 0.99% S&P 500 4027.26 23.68 0.59% FTSE 100 7465.24 12.40 0.17% Nikkei Stock 28450.62 334.88 1.19% Hang Seng 17626.64 102.83 0.59% Kospi 2432.14 14.13 0.58% SGX Nifty* 18480.00 103 0.56% *Dec contract USD/JPY 138.88-89 -0.51% Range 139.66 138.76 EUR/USD 1.0430-33 +0.36% Range 1.0435 1.0393 CBOT Wheat …

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Wall Street slips as concerns grow over tougher COVID restrictions in China

Wall Street slips as concerns grow over tougher COVID restrictions in China

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Dow down 0.13%, S&P 500 down 0.39%, Nasdaq down 1.09% Disney jumps on Iger’s return as CEO Grindr falls after exploding in its early days Tesla down on vehicle recall, China COVID concerns Nov 21 (Reuters) – Wall Street’s main indexes ended roughly lower on Monday on fears that China could resume tougher measures to …

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