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It’s official: Wall Street just made $100…

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JPMorgan Chase CEO Jamie Dimon. The bank had a record year in 2018.Andrew Harrer/Bloomberg The six biggest U.S. banks have never had a US$100 billion…

Alexandria Ocasio-Cortez, other progressives poised to join…

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U.S. Representative Alexandria Ocasio-Cortez will almost certainly join the House Financial Services Committee, sources say.Saul Loeb/AFP Wall Street, get ready for a lot more scrutiny…

Goldman says rich people will drag down…

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The share of personal consumption expenditures spent on jewelry is "highly correlated with moves in the stock market," Goldman Sachs economist wrote in a Jan.…

Sears to stay in business after Eddie…

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An empty shopping cart sits outside a Sears store in the Streets of Southglenn mall in Littleton, Colo.David Zalubowski/AP Photo file Eddie Lampert, the dogged…

RBC cuts 5-year fixed mortgage rate, other…

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After a fall in five-year bond yields, RBC cut its advertised five-year fixed mortgage rate.Nathan Denette / THE CANADIAN PRESS Royal Bank of Canada has…

Feud with Canada is damaging China’s reputation…

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Canada's ambassador to China John McCallum told reporters Wednesday that China's prosecutions of Canadian nationals risked undermining their own interests among the world's business community.Canadian…

Children’s clothing retailer Gymboree files for bankruptcy…

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Gymboree's bankruptcy filing is the second in two years.David Paul Morris/Bloomberg Children’s clothing retailer Gymboree Group Inc filed for Chapter 11 bankruptcy protection, the second…

Forget about getting fresh trade data —…

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Statistics Canada said Thursday trade data likely won't be published until after the U.S. Census Bureau resumes normal operations.Postmedia Canada’s statistics agency will stop releasing…

Top-performing hedge fund is shorting Canadian banks…

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"Canadian banks will be left holding the bag and the ones to suffer from what is likely to be a major economic recession," Tavi Costa,…

These Instacart workers want you to leave…

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Some Instacart workers say they have seen "dramatic cuts” in their paycheques, with some now making a third less than before.Courtesy Instacart More than 100…
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