By David Lawder SPRING HILL, Tenn. (Reuters) -U.S. Treasury Secretary Janet Yellen touted clean energy investments on Wednesday at a Tennessee electric vehicle battery plant benefiting from tax incent[...]
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February 9, 2023
Australia’s four biggest banks fully pass on central bank rate hike
(Reuters) – Commonwealth Bank of Australia and Westpac Banking Corp followed their two main rivals on Thursday in saying they would fully pass on to customers the 0.25 percentage point interest[...]
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Biden says he sees no recession in 2023 or 2024 -PBS NewsHour interview
WASHINGTON (Reuters) – President Joe Biden said on Wednesday he did not believe the U.S. economy will fall into recession either this year or next year, his most confident prediction on the fate[...]
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JPMorgan lays off hundreds of mortgage employees -source
(Reuters) – JPMorgan Chase & Co has cut hundreds of mortgage employees, a source familiar with the matter told Reuters on Wednesday, hours after the company announced plans to hire some bank[...]
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Alphabet shares dive after Google AI chatbot Bard flubs answer in ad
By Martin Coulter and Greg Bensinger LONDON (Reuters) – Alphabet Inc lost $100 billion in market value on Wednesday after its new chatbot shared inaccurate information in a promotional video and[...]
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Wall St falls after recent strong gains, Alphabet shares sink
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended down on Wednesday, paring most of the previous session’s strong gains, with tech-focused shares leading the way lower. Alpha[...]
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JPMorgan to hire more than 500 small-business bankers over 2 years
By Lananh Nguyen MIAMI (Reuters) – JPMorgan Chase & Co, the largest U.S. lender, plans to hire more than 500 bankers catering to small businesses through 2024, the company said on Wednesday.[...]
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