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Warren Buffett Says More Bank Failures Are Likely But Depositors Are Safe

Warren Buffett said more US banks are likely to fail, but depositors should be confident they won’t lose any of their funds. • None US Core Inflation Slows…

SoftBank Aims to Sell Majority of Its Stake in Alibaba, FT Says

SoftBank Group Corp. is moving to sell the majority of its stake in Chinese internet giant Alibaba Group Holding Ltd., the Financial Times reported Wednesday.…

US 30-Year Mortgage Rate Drops a Fifth Week to Two-Month Low

US 30-year fixed mortgage rates fell for a fifth-straight week to the lowest level in two months, shoring up demand to buy a home. • None US Core Inflation…

US-Saudi Oil Pact Breaking Down as Russia Grabs Upper Hand

Just three years ago, when OPEC+ oil giants fell out, the US found itself playing the role of peacemaker. Now it looks more like their target. • None US Core…

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