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Goldman Sachs offers 10 reasons why it’s more confident about the U.S. economy

Goldman Sachs thinks the U.S. economy will be growing by more than double market consensus at the end of 2024, and has a list of 10 reasons why it is more optimistic than most.

A rude awakening: Lack of financial literacy hurts the young. What about older people?

You should learn how to spot scams, fund retirement and pay down debt.

Nikkei mints new 33-year-high as exchange highlights companies taking action

The Nikkei 225 on Monday rallied to yet another 33-year high, advancing amid the Tokyo Stock Exchange publishing a list of companies that have taken actions to bolster their share price.

Biden campaign touts highest cash available for any Democratic presidential candidate after raising $97 million in fourth quarter

The campaign to re-elect President Joe Biden said on Monday it's raised $97 million in the fourth quarter and said it has the highest warchest of any Democratic presidential candidate in history.

Three-quarters of chief economists expect ‘weak’ or ‘very weak’ growth in Europe this year, Davos poll finds

A poll conducted of chief economists found three-quarters expecting weak to very weak growth in Europe this year, the most pessimistic outlook of any region.

Wipro’s stock has best day in 16 years amid signs IT consulting has bottomed

Fellow India-based IT consultant Infosys’ stock surges again, after breaking a string of disappointing earnings reports.

Billionaires like Jeff Bezos, Elon Musk and Larry Ellison are $1.6 trillion richer since the pandemic — fueling an ‘inequality crisis,’ Oxfam says

The world’s five wealthiest men made $14 million an hour between 2020 and 2023, according to a report released ahead of the World Economic Forum gathering in Davos.

U.K. Police Arrest Six People in Plan to Disrupt London Stock Exchange

Metropolitan Police in the U.K. said the allegations are that activists from the Palestine Action group were intending to target the LSE on Monday,

What’s next for stocks as ‘tired’ market stalls in 2024 ahead of closely-watched retail sales

U.S. stocks are struggling to advance in early 2024, as investors digest the start of earnings season and eye inflation ahead of closely-watched retail sales data.

JPMorgan CEO Jamie Dimon says the economy is ‘resilient.’ How do other banks feel about that?

In the week ahead, we'll see if the big banks' cautious, muddied optimism about consumers, markets and businesses filters through to the rest of the financial industry.

Student-loan borrowers who took on small debts and have paid for 10 years could have their loans canceled in February 

Student-loan borrowers who took out relatively small amounts to attend college and have been paying their debt for at least 10 years could have their loans forgiven as soon as February -- as long as they’re on the Biden administration’s new repayment plan, officials announced Friday.

Davos’s party secrets: Caviar, magic mushrooms, champagne and A-list private concerts

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