Treasury yields mostly fall as investors mostly brush aside a short-lived mutiny that raises questions about Russian President Vladimir Putin’s grip on power.
: Fintech promised to revolutionize loans for those left out of the credit system. New research indicates it’s not living up to that promise.
Fintech lenders are ‘relying heavily’ on credit scores to determine loan pricing, a recent study found
Need to Know: Here’s what Wall Street’s most bullish analyst heading into the year thinks of the stock market now
Deutsche Bank’s chief U.S. equity and global strategist, Binky Chadha, topped forecasts heading into 2023 with a 4,500 prediction. He spoke to MarketWatch about what’s next.
: Lucid stock bounces back as Aston Martin to pay $232 million as part of supply pact
Lucid’s stock soared Monday after the electric vehicle maker disclosed a long-term supply agreement with U.K.-based Aston Martin.
The Margin: We asked a language model to write career advice based on caterer-turned-coup leader Yevgeny Prigozhin. Here’s what it generated.
Can you learn career advice from Yevgeny Prigozhin? Here’s what a language model came up with.
Financial News: HSBC moving out of Canary Wharf into Central London
HSBC is expected to tell staff today that it will downsize and quit its Canary Wharf headquarters where it has held its main UK presence for more than two decades.
: PacWest sells loan portfolio to Ares Management in deal that generates $2 bln ‘to improve liquidity’
Ares adds ‘high quality’ loans while PacWest stock advances amid effort to refocus its business and generate cash after steep drop in stock price this year.
The Big Move: My brother and I will inherit our mother’s house. It’s appreciated in value by $700K. Will we have to pay capital-gains tax?
“When she passes, I plan to sell her house and distribute the proceeds.”
Outside the Box: Are the robots coming for us? AI can tell you.
Automation displaces workers, but new technology tends to boost productivity and create new jobs.
: IBM confirms $4.6 billion all-cash deal for Apptio
IBM is purchasing Apptio from Vista Equity Partners, which took the company private in early 2019.
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