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Lawmakers said Wednesday that the pilot legislation would put the bloc at the 'front of the curve.'
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Malaysian prosecutors on Friday withdrew criminal charges against three Goldman Sachs units accused of misleading investors over $6.5 billion in bond sales they helped organize for a state fund, the Bernama state news agency reported. The move comes after Goldman Sachs agreed to pay $3.9 billion to Malaysia to settle a probe into its alleged …
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US stocks staged a dramatic recovery Monday when Federal Reserve Chairman Jerome Powell swooped in with yet another program to help buffer investors from the impact of the coronavirus. The Dow Jones industrial average tumbled as much as 762.36 points, or 2.9 percent, to 24,843.18, after several US states reported spikes in COVID-19 infections and …
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The dollar dropped to a three-month low on Wednesday as speculation increased that the Federal Reserve will announce later in the session it intends to keep the recent rise in bond yields in check. Concern about possible measures or even a simple statement of intent by the Fed to hold down the yields of US …
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The Federal Reserve announced a number of steps on Monday meant to shore up the US economy during the coronavirus crisis. The central bank said its Federal Open Market Committee will buy Treasury securities and mortgage-backed securities in “the amounts needed to support smooth market functioning” as part of a wide-ranging plan to blunt the …