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Finance
Chevron to Buy Back $75 Billion in Stock After Record Profit
(Bloomberg) -- Chevron Corp. plans to buy back $75 billion of shares and increase dividend payouts after a year of record profits that evoked angry denunciations from…
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Layoffs in Corporate America spread from tech to conglomerates
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. SubscribeWednesday, January 25,…
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Walmart increases average hourly wage to more than $17.50
Walmart (WMT) announced plans to hike its average hourly pay to more than $17.50 on Tuesday.In a statement to U.S. employees, Walmart U.S. CEO and President John Furner said…
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Cramer says these 6 ‘positives’ could lift stocks in earnings season
CNBC's Jim Cramer on Monday said that several elements could help propel stocks higher, even during what could be an ugly earnings season.Tuesday kicks off a new earnings season…
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Analysts love these stocks that churn out loads of cash
Investors are preparing for a gloomy 2023 by doubling down on cash-rich companies . "We prefer companies generating cash rather than those that need capital to grow. Not only…
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How cash payment app scams are swindling money
Avoid Cash App scams Cash App has become a popular money-transferring app similar to Venmo and Zelle, Kurt "The CyberGuy" Knutsson reports.Cash App has become a popular…
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New retirement withdrawal rule is a boon for wealthy seniors
New retirement rules in legislation signed by President Biden in December contain a handful of changes to required withdrawals from retirement accounts that score big brownie…
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‘The tweets are truthful:’ Elon Musk takes witness stand to defend 2018 Tesla
Tesla (TSLA) CEO Elon Musk took the witness stand on Friday to defend his 2018 Twitter posts against a group of Tesla shareholders.The shareholders hope to persuade jurors that…
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FTX founder says there was a security incident at parents’ home
CNN
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Attorneys for disgraced FTX founder Sam Bankman-Fried urged the judge in his fraud case to keep the names…
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Jamie Dimon says rates will rise above 5% because there is still ‘a lot of
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in…
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