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Market Extra: ‘$4 trillion of cash is sloshing around the sidelines,’ says BlackRock exec. Here’s where he thinks that’s headed.

Investor cash, and lots of it, is sitting on the sidelines, ready to be put to work, says the world's biggest asset manager.

: Half of Americans say their finances have worsened under Biden. Some are pointing fingers.

One year ahead of the 2024 presidential election, most Americans say the state of the economy will help determine their vote.

: A third of home buyers are paying all cash as mortgage rates stay high, Redfin says

Home buyers are increasingly paying all cash as mortgage rates remain elevated, according to a new report.

: CFPB fines Citi $26 million for ‘intentional’ discrimination against Armenian Americans

The Consumer Financial Protection Bureau ordered Citibank to pay $25.9 million in fines and consumer redress for intentional and illegal discrimination against credit-card applicants based on their Armenian heritage.

Banking: Goldman Sachs advises employees on plan to divest GM credit card

Goldman Sachs advises employees on plan to divest GM credit card

: From oil to crypto, AI chips and interest rates – these are the 13 policymakers who matter in markets

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The Ratings Game: Upstart’s stock could post worst day in a year as analysts see more pain ahead

Analysts noted challenges related to loan demand and funding in the wake of Upstart's latest earnings.

: Teva shares climb as third-quarter sales top estimates

Production 'largely unaffected' Israel-Hamas war, drugmaker says

Earnings Results: Roblox’s stock roars higher as losses narrow

Roblox's stock roars higher as losses narrow

Market Extra: What would a U.S. debt crisis look like? Citi economist answers most pressing questions about $26 trillion Treasury market.

Volatility in the once-staid $25.7 trillion market for Treasury bonds has exploded this year, driven in part by doubts about investors' ability to absorb a deluge of expected supply.

: Bayer vows to cut ‘multiple layers of management’ by end of 2024 as new CEO says firm’s performance is ‘not acceptable’

Bayer's new CEO Bill Anderson outlines plans to turn the pharma firm around after stating he is "not happy" with its performance

Futures Movers: Oil extends slump after ending at lowest in more than 3 months

Oil futures fall Wednesday, extending a retreat that took crude to its lowest close since late July in the previous session.
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