Chamath Palihapitiya Olivia Michael | CNBC If the government allows more stimulus funding, they should look at individual customers and small businesses, venture capitalist Chamath Palihapatia said on Wednesday. The CEO of Social Capital gave a detailed account of his remarks to CNBC earlier this year in which he said …
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Spencer Plot | Getty Images News | Getty Images Stock futures rose on Sunday night following a four-week bearish move on Wall Street. Futures on the Dow Jones Industrial Average have risen nearly 100 points. S&P 500 futures are up 0.3% and Nasdaq 100 futures are up 0.3%. The S&P …
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Deutsche Bank’s AG flag is flown outside the company’s office fees on Wall Street in New York. Mark Kajalrich | Bloomberg | Getty Images Financial stocks came under pressure on Monday amid a report that a number of global banks have moved illegal funds over the past two decades despite …
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Jerome Powell, chairman of the US Federal Reserve, speaks at a news conference after the Federal Open Market Committee (FOMC) meeting in Washington on February 29, 2020. Andrew Herrer | Bloomberg | Getty Images The Fed doesn’t expect inflation to rise for years, and is willing to keep rates at …
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Treasury Secretary Steven Munuchi on Monday told CNBC. Lawmakers should not let the fear of a nation’s loss or the size of the Federal Reserve’s balance sheet delay additional Covid-19 relief, he said. Munuchin, who has led the administration’s Covid-19 relief talks with White House Chief of Staff Mark Meadows, …
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