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Category: Finance News

These ‘unusual’ 4 traits helped Jeff Bezos grow Amazon into a $1 trillion company, says current CEO

Amazon CEO Andy Jassy spent more than two decades working for Jeff Bezos, picking up these unique leadership lessons along the way.

Published 25 January 2024
Categorised as Finance News

ECB’s Lagarde responds to scathing staff survey: ‘I’m very proud and honored to lead the institution’

More than half of respondents rated her performance so far as “very poor” or “poor,” and the ECB union said she was characterized as an “autocratic leader.”

Published 25 January 2024
Categorised as Finance News

The U.S. economy grew at a 3.3% pace in the fourth quarter, much better than expected

GDP was expected to grow at a 2% annualized rate in the fourth quarter of 2023, according to economists surveyed by Dow Jones.

Published 25 January 2024
Categorised as Finance News

Watch: ECB President Christine Lagarde speaks after rate decision

European Central Bank President Christine Lagarde is giving a press conference following the bank’s latest monetary policy decision.

Published 25 January 2024
Categorised as Finance News

Stocks making the biggest moves premarket: IBM, Tesla, Nokia, Humana and more

These are the stocks posting the largest moves in premarket trading.

Published 25 January 2024
Categorised as Finance News

Turkey hikes interest rate again to 45% after inflation nears 65%

The rate hike comes amid an ongoing battle against double-digit inflation for Turkey’s monetary policymakers.

Published 25 January 2024
Categorised as Finance News

Hamptons mansion once listed for $150 million sells at auction for less than $90 million

The property, once the most expensive listing the Hamptons, had been on and off the market since 2016.

Published 25 January 2024
Categorised as Finance News

China is ramping up stimulus to boost market confidence — but is it enough?

There are rising expectations for more support from China to boost its economy and stock markets — especially after the PBOC’s easing announcements on Wednesday.

Published 25 January 2024
Categorised as Finance News

Thursday’s GDP report expected to show the U.S. economy at a crossroads

The consensus outlook for the fourth quarter is that gross domestic product grew at a 2% seasonally adjusted annualized pace.

Published 24 January 2024
Categorised as Finance News

IRS has started simplifying millions of complicated taxpayer notices ahead of the filing season

The IRS has unveiled its “Simple Notice Initiative” to clarify millions of letters received by taxpayers every year. Here’s what to expect from the program.

Published 24 January 2024
Categorised as Finance News

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