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Financial Services

Fed Official Signals Support for Further Rate Increases

Federal Reserve governor Michelle Bowman says there hasn’t been sufficient evidence of a labor market or inflation slowdown. Source link

Stocks Mixed Despite Slowing Inflation Data

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BOE Matches Fed’s Rate Rise, Signals There May Be More

The U.K. central bank raised rates by a quarter percentage point and said it now expects the economy to grow this year, having...

The Home Buyer’s Quandary: Nobody’s Selling

Many are ready to move but don’t want to lose the low-rate mortgages they locked in a few years ago, crimping the supply...

UBS Refreshes Management Team to Integrate Credit Suisse

The Swiss banking giant said it is evaluating all options for Credit Suisse’s Swiss business, which some politicians in the country want to...

Some Buy Now Pay Later Users Face Rejection

Payment apps are tightening credit standards to focus on profitability. Source link

DOJ Settles Antitrust Case, Clearing Way for Assa Abloy Deal

The Swedish lockmaker has agreed to sell some of its brands to another company. Source link

April Jobs Report Shows Hiring Remained Robust in a Slowing Economy

Hiring picked up as employers added 253,000 jobs last month. The unemployment rate fell to 3.4%. Source link

WSJ News Exclusive | Meta Strikes Deal to Divest Itself of Kustomer

When Meta Platforms closed a deal last year to acquire business-software provider Kustomer for $1 billion,...

WSJ News Exclusive | Vice Media Nears Deal for $400 Million Sale Out of Bankruptcy

Vice Media is nearing a deal for senior lenders including Fortress Investment Group and...

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