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The Fed’s Preferred Inflation Gauge Slowed in October

Inflation showed signs of slowing but remained stubbornly rapid in October as a spate of economic data underscored that a return to normal price increases could take time.Prices as measured […]




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Cracking Down on a Wall Street Trend: E.S.G. Makeovers

The DealBook newsletter delves into a single topic or theme every weekend, providing reporting and analysis that offers a better understanding of an important issue in business. If you don’t […]




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Silicon Valley’s Elite Get Dragged Into Musk-Twitter Trial

Jack Dorsey, a founder of Twitter, got a subpoena. So did Marc Andreessen, a prominent venture capitalist. Larry Ellison, Oracle’s chairman, and the investors David Sacks and Joe Lonsdale received […]




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Goldman Sachs Is Being Investigated Over E.S.G. Funds

The Securities and Exchange Commission is investigating Goldman Sachs over its E.S.G. investment funds — funds that invest in companies that say they are committed to environmental, social and governance […]




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Goldman’s Move to Unlimited Vacation Is Good for … Goldman

When Goldman Sachs — the investment bank known for its hard-charging culture — recently told its senior bankers that they could take off as much time as they wanted, the […]




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Ex-Goldman Sachs Banker Convicted for His Role in a $4 Billion Fraud

A former Goldman Sachs banker was convicted Friday on bribery and money laundering charges stemming from a globe-spanning fraud scandal: the looting of more than $4 billion from a Malaysian […]




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Wall Street Banks Are Getting Flexible on Working From Home

When Tom Naratil arrived on Wall Street in the 1980s, work-life balance didn’t really exist. For most bankers of his generation, working long hours while missing out on family time […]




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1MDB Trial Set to Begin for Ex-Goldman Banker Roger Ng

The global scandal over the looting of a big Malaysian infrastructure fund nearly a decade ago — a crime that tarnished the reputation of one of Wall Street’s premier banks […]




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Offices Close and Holiday Parties Fade as Omicron Brings New Concerns

As employers weigh vaccine guidelines and adjust their office returns, they also face a more immediate challenge: How will they celebrate the holidays as Omicron spreads? After a year of […]




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Wall Street Warms Up, Grudgingly, to Remote Work, Unthinkable Before Covid

In private, many senior bank executives tasked with raising attendance among their direct reports expressed irritation. They said it was unfair for highly paid employees to keep working from home […]