Business
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European Central Bank Keeps Rates on Hold for First Time in Over a Year
“Inflation is still expected to stay too high for too long,” the bank said, but noted that its campaign of…
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U.S. Economic Growth Accelerated in the Third Quarter
Gross domestic product expanded at a 4.9 percent annual rate over the summer, powered by prodigious consumer spending. But the…
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Morgan Stanley’s Post-Gorman Era Begins
Wall Street’s most closely watched succession saga ended with the selection of Ted Pick as the bank’s next leader. But…
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Why the U.A.W.’s President Has Taken a Hard Line
Shawn Fain owes his rise within the United Automobile Workers to a group determined to make the union far more…
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Morgan Stanley Names Ted Pick, a Bank Veteran, Its Next C.E.O.
Mr. Pick’s ascension caps an unusually public three-way race to replace James Gorman, who presided over steady growth after taking…
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U.A.W. and Ford Negotiators Reach Accord on Contract Terms
The deal, subject to approval by union members, could ease the way for deals with General Motors and Stellantis and…
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Chasing Big Mergers, Oil Executives Dismiss Peak Oil Concerns
Exxon Mobil and Chevron are spending tens of billions of dollars buying oil and gas assets, betting that the International…
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Sam Bankman-Fried Set to Testify at His Fraud Trial
The FTX founder’s plan to take the witness stand sets up a dramatic few days of testimony at the federal…
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Long on Hype, A.I. Is No Guarantee for Profits
The latest quarterly results from Microsoft and Alphabet show that their big investments in artificial intelligence are on different trajectories.
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What the U.S. Has Argued in the Google Antitrust Trial
As the government wraps up its case in the landmark monopoly trial, it has built a picture of how Google…