By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious hope that the embattled housing market could[...]
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January 21, 2023
Feds seized nearly $700 million from FTX founder Bankman-Fried
By Dietrich Knauth (Reuters) – Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, largely in the form of Robinhood stock, according to a[...]
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Unions press Biden administration to not change EV tax credit rules
By David Shepardson WASHINGTON (Reuters) – Major unions and public interest and environmental groups are urging President Joe Biden to reject efforts by the European Union and other foreign gove[...]
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Tech stock rebound faces doubters with earnings season ahead
By Lewis Krauskopf NEW YORK (Reuters) – A spate of earnings reports in coming weeks is set to test a recent bounce in technology and other megacap stocks, a category whose leadership position in[...]
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