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Finance & Markets

Rising Interest Rates Bite Some Wall Street Banks

JPMorgan released surprisingly spotty earnings results for the third quarter, while Goldman Sachs and Citi posted better-than-expected results, reflecting a choppy trading environment.

Rising Interest Rates Bite Some Wall Street Banks

We haven't written up this one. The New York Times has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at nytimes.com →

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IMF revises economic outlook for the Middle East

The International Monetary Fund (IMF) forecasts a 0.3% contraction in the region’s economy, primarily due to the closure of the Strait of Hormuz, but projects growth of 6.3% next year. The post IMF revises economic outlook for the Middle East appeared first on ANBA News Agency .

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