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S&P 500, Dow close lower after bank earnings, inflation data
July 25, 2022July 19, 2022 farsisatnet

S&P 500, Dow close lower after bank earnings, inflation data

Business

The S&P 500 (.SPX) pared early losses to close modestly lower on Thursday after investors digested disappointing quarterly results from two large U.S. banks and

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U.S. gasoline prices are finally falling. Why?
July 24, 2022July 19, 2022 farsisatnet

U.S. gasoline prices are finally falling. Why?

Business

After exceeding $5 a gallon for the first time in history, U.S. gasoline prices are finally falling, giving some relief to consumers in the world’s

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Trades by Fed’s Powell, Clarida violated no rules
July 23, 2022July 19, 2022 farsisatnet

Trades by Fed’s Powell, Clarida violated no rules

Business

Trading activity by Federal Reserve Chair Jerome Powell and former Vice Chair Richard Clarida violated no rules, the Fed’s independent watchdog said on Thursday, putting

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Ben & Jerry’s proposes to mediate Israel dispute with parent Unilever
July 22, 2022July 19, 2022 farsisatnet

Ben & Jerry’s proposes to mediate Israel dispute with parent Unilever

Business

Ben & Jerry’s and its parent, consumer products company Unilever Plc (ULVR.L), plan to seek mediation over the disputed sale of the ice cream maker’s

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U.S., Mexico resolve Panasonic auto parts plant labor dispute
July 21, 2022July 19, 2022 farsisatnet

U.S., Mexico resolve Panasonic auto parts plant labor dispute

Business

The United States and Mexico announced a resolution to a dispute at a Panasonic auto parts plant in Mexico on Thursday, with workers receiving an

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JPMorgan, Morgan Stanley earnings bode badly for Wall Street dealmakers
July 20, 2022July 19, 2022 farsisatnet

JPMorgan, Morgan Stanley earnings bode badly for Wall Street dealmakers

Business

Fears that investment banking would take a big hit across Wall Street in the second quarter looked to be confirmed on Thursday, with JPMorgan Chase

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Fed hawks say they want 75 basis point rate hike in July
July 19, 2022 farsisatnet

Fed hawks say they want 75 basis point rate hike in July

Business

Two of the Federal Reserve’s most hawkish policymakers on Thursday said they favored another 75-basis-point interest rate increase at the U.S. central bank’s policy meeting

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