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Chancellor accused of refusing to 'face up to her own failures' amid market turmoil
Chancellor Rachel Reeves has been accused of refusing to "face up to her own failures" by "jetting off to Beijing" during a week of market turmoil.
Eli Lilly shares drop as drugmaker cuts revenue guidance on weight loss drug demand
Eli Lilly shares dropped after the drugmaker cut its 2024 revenue guidance, citing lower-than-expected demand for its obesity and diabetes drugs.
FDIC chief warns there could be ‘high price’ for slashing bank regulations
Trump administration must avoid fuelling excessive risk-taking, says Martin Gruenberg
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TikTok reacts to report of Musk ownership to prevent US ban
TikTok has described a report it could sell its threatened US business to Elon Musk as "pure fiction".
CFPB sues Capital One for 'cheating' customers out of over $2 billion in interest
The Consumer Financial Protection Bureau announced it was suing Capital One for "cheating" customers out of more than $2 billion in interest.
‘Accidents waiting to happen’ in private credit, says Wellcome Trust
Rating agency KBRA also warns on possible rise in defaults in fast-growing sector
UK financial watchdog mistakenly named insurer placed under review
Slip-up risks denting confidence in FCA as it seeks to defuse criticism of its disclosure reforms
Trump to deliver Davos speech days after inauguration
Donald Trump will address business and world leaders at the World Economic Forum (WEF) in Davos, Switzerland, in a virtual appearance from the US three days after his inauguration as President.
JPMorgan Chase exec Daniel Pinto, longtime No. 2 to Jamie Dimon, will step down in June
Pinto has worked at JPMorgan and a predecessor firm for more than four decades.
Southwest Airlines pauses corporate hiring, most summer internships to cut costs
Southwest had been under pressure from activist Elliott Investment Management to increase returns.
5 Things to Know Before the Stock Market Opens
News of the day for Jan. 14, 2025
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