By Kanishka Singh WASHINGTON (Reuters) -Two former precious metals traders at JPMorgan Chase were sentenced on Tuesday for engaging in fraud, attempted price manipulation and spoofing, the U.S. Justic[...]
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August 22, 2023
US commerce secretary to visit China next week for talks
By David Shepardson WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo will travel to China next week for meetings with senior Chinese government officials and U.S. business leaders, the depa[...]
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US OKs state auto-repair law after raising hacking concerns
By David Shepardson WASHINGTON (Reuters) -U.S auto safety regulators said Tuesday automakers can comply with a Massachusetts law requiring them to share vehicle data with independent repair shops, rev[...]
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Marketmind: After the rebound, markets revert to type
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. After Monday’s surprising resilience on Wall Street, world markets[...]
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US FTC to probe Qualcomm’s purchase of Israel’s Autotalks – Politico
(Reuters) -The U.S. Federal Trade Commission (FTC) is expected to open an in-depth probe on Wednesday of Qualcomm’s purchase of Israeli auto-chip maker Autotalks, Politico reported on Tuesday, citing[...]
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FTX’s Bankman-Fried ‘subsisting on bread and water’ in jail, lawyer says
By Luc Cohen and Jody Godoy NEW YORK (Reuters) -FTX cryptocurrency exchange founder Sam Bankman-Fried is “subsisting on bread and water” because the federal jail where he is being held ahe[...]
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Toll Brothers beats profit estimates on higher home sales
(Reuters) – Homebuilder Toll Brothers Inc beat Wall Street estimates for third-quarter profit on Tuesday, as demand for luxury homes in a tighter resale market boosted new home sales. Shares of[...]
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Curo Group subsidiary sued by US regulator for ‘churning’ consumer loans
By Jody Godoy (Reuters) -A U.S. consumer finance regulator sued a subsidiary of fintech lender Curo Group Holdings Corp on Tuesday, alleging it pushed struggling borrowers to refinance short-term loan[...]
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Oil prices settle lower on nagging worries about Chinese demand
By Laura Sanicola (Reuters) -Oil prices settled lower on Tuesday as investors remained focused on the likelihood that China’s economic malaise will keep hobbling demand from the world’s to[...]
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