Financial Markets

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BlackRock hits a record $10 trillion assets under management

A surge in fourth quarter flows to BlackRock’s exchange-traded funds helped the firm become the first asset manager to hit…

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Nasdaq 100 sinks more than 2.5 percent as technology rout deepens

The tech-heavy Nasdaq led losses on Wall Street amid growing fear that the United States Federal Reserve will raise interest…

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Bitcoin climbs above key level after US inflation jump

The largest digital asset by market value rose as much as 3.3 percent to $44,085 Wednesday. By Vildana Hajric and Emily…

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Mexico raises interest rates for the fourth consecutive time

Unlike the United States Federal Reserve and the Bank of England, emerging markets have been aggressively boosting borrowing costs this…

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Turkish lira slides to new low against the US dollar

The lira has shed two-thirds of its value in five years, eating into the incomes of Turks along with double-digit…

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Pump pain: What can Biden do to ease soaring gasoline prices?

Americans love their cars. But right now, that love affair is becoming a pain in the wallet for millions of…

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Rivian briefly touches $100BN value before easing on gains

Rivian, whose market value briefly touched $104bn, closed at $100.73 per share in New York trading, valuing it at about…

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Disney+ sees smallest subscriber growth since debut

Disney has made the family streaming service its major focus for growth in the coming years, and looks to reach…

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Coinbase dips after reporting lower-than-forecast revenue

Coinbase posted revenue of $1.24 billion lower than the $1.57 billion forecast by analysts. Coinbase Global Inc. shares fell nearly…

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Tesla selloff wipes out $175B after Musk’s stock-sale tweet

The shares fell as much as 12 percent on Tuesday, after closing down 4.8 percent on Monday after a slew…

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