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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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Why Some Workers Are Getting All the Covid Tests They Need

The latest Covid-19 wave has left millions of Americans scrambling for tests, braving long lines in the cold at pop-up sites or searching furiously online for kits to use at […]




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Why Banks Are Slow to Embrace Cloud Computing

Wells Fargo plans to move to data centers owned by Microsoft and Google over several years; Morgan Stanley is also working with Microsoft. Bank of America has saved $2 billion […]