JPMorgan says it expects to pay about $3 billion to help refill FDIC fund
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase expects to set aside about $3 billion...
Gilead quarterly profit falls on COVID sales drop, legal settlement charge
By Michael Erman (Reuters) -Gilead Sciences on Thursday reported lower second-quarter profit as costs from...
Buried gold, burning trash: US couple admits to hiding hacked crypto
By Luc Cohen WASHINGTON (Reuters) -A husband-and-wife duo on Thursday pleaded guilty to laundering money...
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Occidental Petroleum misses on quarterly profit, raises full-year output
By Mrinalika Roy and Arathy Somasekhar (Reuters) -Occidental Petroleum on Wednesday raised its full-year production...
Government Debt
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Yellen: Fitch downgrade ‘entirely unwarranted’ amid US economy’s strength
By David Lawder MCLEAN, Virginia (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday voiced more...
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PayPal’s weak margin eclipses upbeat spending outlook
By Sri Hari N S and Manya Saini (Reuters) -PayPal Holdings shares fell 7% in...
Government Debt
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Fitch cuts US credit rating to AA+; Treasury calls it ‘arbitrary’
By Davide Barbuscia (Reuters) – Rating agency Fitch on Tuesday downgraded the U.S. government’s top...
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Qualcomm forecasts sales below estimates as smartphone slump persists
By Chavi Mehta, Stephen Nellis and Max A. Cherney (Reuters) -Qualcomm forecast fourth-quarter sales below...
Starbucks misses quarterly sales estimates, sees lasting China rebound
By Deborah Mary Sophia and Kailyn Rhone (Reuters) -Starbucks missed market expectations for quarterly comparable...
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Wells Fargo expects to pay up to $1.8 billion to help refill FDIC fund
NEW YORK (Reuters) -Wells Fargo said on Tuesday it expects to pay as much as...