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Despite the heavy concentration of the U.S. market rally in expensive AI-focused tech stocks, Wall Street is not yet in bubble territory, analysts suggest.

New York Community Bank's $1 billion-plus capital raise is the latest example of private equity players coming to rescue a regional bank.

The regional bank stock has been under pressure this year after disclosing potential losses in its loan book.

The rule passed in a 3-2 vote but is watered down from the initial version proposed in March 2022.

Federal Reserve Chairman Jerome Powell appears Wednesday before the House Financial Services Committee.

Powell said policymakers remain attentive to the risks that inflation poses and don't want to ease up too quickly.

Women make less money than men and live longer, which can dim their odds for a financially secure retirement, experts said.

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China's PBOC governor said there was room to further cut banks' reserve requirements, and pledged to utilize monetary policy to "mildly" prop up consumer prices.

Markets are intent on getting more clarity about how the central bank plans on proceeding with monetary policy this year.

Monzo has raised $430 million in a new funding round led by CapitalG, the independent venture arm of Google parent company Alphabet.

By cutting late fees to $8 from an average of around $32, more than 45 million card users would save an average of $220 annually, the CFPB said in a release.