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WASHINGTON (Reuters) – The Trump administration came under pressure on Tuesday from both critics and allies over whether it should proceed with another tax cut for investors and do so without consulting the U.S. Congress. U.S. President Donald Trump waves upon arriving at Tampa International...

(Reuters) – With Wells Fargo & Co’s (WFC.N) revenue slumping and no clear end in sight for sales scandal-related costs, analysts have pushed back predictions for when the bank’s closely watched efficiency ratio will return to pre-scandal levels. FILE PHOTO: People walk by a Wells Fargo banking location in Pasadena, California, U.S., September 8,...

Some of the most popular bets in the U.S. stock market have gotten pummeled in recent days, leading one analyst on Wall Street to declare it one of the...

ZURICH (Reuters) – Credit Suisse (CSGN.S) Chief Executive Tidjane Thiam personally traveled to Saudi Arabia to apply for a banking license, he said on Tuesday, confirming Reuters information the Swiss bank is seeking a full banking license in the Middle East’s biggest economy. Tidjane Thiam, CEO, Credit Suisse Group AG, speaks at the Milken Institute 21st...

Getty Images/iStockphoto Look out below! John Hussman, president of Hussman...

NEW YORK/WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Thursday stood by a decision blocking an exchange-traded fund that would have tracked bitcoin, citing concerns about market manipulation. Brothers Cameron (L) and Tyler Winklevoss talk to each other as they attend a New York State Department of Financial Services (DFS) virtual...

Cybersecurity company earnings hit a rocky start as earnings began to flow in this week, struggling to meet high expectations brought on by elevated...

NEW YORK (Reuters) – Top BlackRock Inc (BLK.N) bond investor Rick Rieder halved exposure in recent months to a once-major bet in his portfolios on emerging markets on concerns including that the dollar could move higher, he told Reuters on Friday. Rick Rieder, BlackRock’s Global Chief Investment Officer, speaks during the Reuters Global Investment...

In the past several months, some social-media users have threatened to #DeleteFacebook, but is anyone actually following through? Facebook lost about...