(Reuters) – The US Securities and Exchange Commission (SEC) is probing The Change Company, a California lender that pledges to promote homeownership in underserved communities, over its mortgage[...]
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August 28, 2023
FACTBOX-Stocks to watch as Idalia makes landfall in Florida
NEW YORK (Reuters) – Florida is bracing for Tropical Storm Idalia as it intensifies into a major hurricane on Monday before making landfall on the state’s Gulf Coast by Wednesday morning.[...]
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Dollar index dips, briefly hits 9-month high against yen
By Karen Brettell and Joice Alves NEW YORK (Reuters) – The dollar briefly hit a nine-month high against the Japanese yen on Monday and dipped against a basket of currencies, as investors waited[...]
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US business borrowing for equipment falls 2% in July – survey
(Reuters) – U.S. companies borrowed nearly 2% less in July than last year to finance equipment investments, an Equipment Leasing and Finance Association (ELFA) survey showed on Monday. The compa[...]
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Oil steady as possible rate hikes stoke demand worry, storm could hit supply
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices held steady on Monday, pressured by worries further U.S. interest rate hikes could dent demand but supported by the potential of a supply disruption[...]
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Goldman Sachs strikes wealth advisory deal as it revamps strategy
By Saeed Azhar and Manya Saini NEW YORK (Reuters) -Goldman Sachs on Monday said it has struck a deal to sell part of its wealth business to an independent wealth manager, part of a strategy refresh wh[...]
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Hedge fund exposure to 7 biggest tech stocks at record high, Goldman Sachs says
By Nell Mackenzie and Carolina Mandl LONDON/NEW YORK (Reuters) – Hedge funds hold record exposure to the seven biggest tech stocks by market capitalization, according to data released on Friday[...]
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LA media company settles first SEC enforcement case over NFTs
By Jonathan Stempel NEW YORK (Reuters) – A Los Angeles media company that billed itself as potentially “the next Disney” will pay $6.1 million to settle U.S. Securities and Exchange[...]
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Vinfast rallies on after becoming world’s third-most valuable automaker
(Reuters) -Shares of Vietnamese electric-vehicle maker Vinfast surged 21% on Monday, extending a rally from last week that more than quadrupled its market value to $160 billion. The company made a blo[...]
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