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Diana Li

Three-Way Race For World's Richest Emerges With Musk Buoyed By Pay Vote

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The game of musical chairs has been influenced by a fight over Musk's pay package.

Musk Is Once Again Richer Than Zuckerberg As Fortunes Reverse

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Shares of Mark Zuckerberg's Meta dropped the most since October 2022 this week.

A $560 Billion Property Warning Hits Banks From N.Y. To Tokyo

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Lenders face the prospect of more defaults as landlords struggle to pay loans or walk away from buildings.

Klaviyo IPO Mints $3.2 Billion Fortune For Harvard Physicist

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The seemingly low-astakes world of text and email customer messaging revealed some big fortunes Wednesday, as marketing technology firm Klaviyo Inc. began trading in New York...

Klaviyo IPO Mints $3.2 Billion Fortune For Harvard Physicist

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The firm's shares rose 9.2% at the close of its first trading day.

Mark Zuckerberg’s Wealth Surges By $4.6 Billion As Meta Shares Jump

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Mark Zuckerberg’s fortune surged by $4.6 billion Thursday after Meta Platforms Inc. reported strong second-quarter earnings, joining his billionaire peers at Alphabet Inc...

Investors Yank $800 Million From I Bonds As Inflation Slows Down

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Once the hottest place to store cash, the savings securities have fallen out of favor now that the yield has dipped.

Wall Street Is Fighting New York's Ban On Non-Compete Agreements

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New York's law is pitting the interests of technology firms against the entrenched financial industry.

El-Erian Says Banks Need A 'Circuit Breaker' After Upheaval

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Smaller borrowers will feel the brunt of tighter bank lending policies, the economist said.