Debt-Ceiling Déjà Vu Worries Wall Street
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Debt-Ceiling Déjà Vu Worries Wall Street

The last crisis, in 2011, led to a credit downgrade that sank stocks. This time, Treasury Secretary Janet Yellen has warned of a “financial catastrophe.”
JPMorgan Chase Emerges as Buyer for First Republic Bank
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JPMorgan Chase Emerges as Buyer for First Republic Bank

The lending giant’s shares jumped on the news that it is buying First Republic. But investors are watching to see if the deal ends the regional banking crisis.
Wall Street Likes Meta’s Plans to Cut Costs
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Wall Street Likes Meta’s Plans to Cut Costs

Meta’s chief executive, Mark Zuckerberg, called 2023 the “year of efficiency,” a pronouncement that is reassuring investors and sparking a wider rally in tech stocks.