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Bloomberg
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US jobs data in focus, markets optimistic
NEWS INDUSTRY NEWS NOV 03, 2023
US jobs data in focus, markets optimistic

It's hoped the stats will give weight to a looser rates policy from the Fed.

BofA strategist sees year-end equities rally, risk of recession
NEWS INDUSTRY NEWS NOV 03, 2023
BofA strategist sees year-end equities rally, risk of recession

Wall Street bear Michael Hartnett says technical barriers should not block S&P 500 rally.

What next for crypto as FTX founder is jailed?
NEWS INDUSTRY NEWS NOV 03, 2023
What next for crypto as FTX founder is jailed?

Has the fraud eroded trust in digital assets or can the industry rebound?

Capital Group says now is the time to buy global stocks
NEWS INDUSTRY NEWS NOV 03, 2023
Capital Group says now is the time to buy global stocks

Fed pause creates a window of opportunity for investors, says $2.3T manager.

Equities gain as Fed signals potential end to rate hiking
NEWS INDUSTRY NEWS NOV 02, 2023
Equities gain as Fed signals potential end to rate hiking

World markets have reacted to Fed chair Jerome Powell's comments.

Gen Z is running out of cash, and that's bad for the economy
NEWS INDUSTRY NEWS NOV 02, 2023
Gen Z is running out of cash, and that's bad for the economy

Poll reveals fewer Americans can cover a $400 emergency expense.

Ultra-rich investors are pulling back from $1M+ artworks
NEWS INDUSTRY NEWS NOV 02, 2023
Ultra-rich investors are pulling back from $1M+ artworks

The high-end art market is thinning out according to UBS.

Vanguard will shutter China office next year, but it could return
NEWS INDUSTRY NEWS NOV 02, 2023
Vanguard will shutter China office next year, but it could return

The firm says it will monitor the market for further opportunities.

World's largest pension fund drops $4.5B in third quarter
NEWS INDUSTRY NEWS NOV 02, 2023
World's largest pension fund drops $4.5B in third quarter

GPIF posted the huge loss due to decline for domestic bonds.

Schwab cuts more than 2,000 jobs amid TD integration
NEWS INDUSTRY NEWS NOV 01, 2023
Schwab cuts more than 2,000 jobs amid TD integration

The firm is trying to curb costs as it continues to integrate TD Ameritrade.