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Everybody Wants The 4-Day Work Week, But Could Wall Street Ever Make It Happen?
Friday, March 3, 2023 - 10:06am | 977The notion of a four-day work week is gaining traction, as a pilot program in the U.K. proved unexpectedly successful last week. Could this new scheme ever reach the meat grinder corridors of Wall Street? “We have observed some interest in compressing the workday in the stock market, but...
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Risky 'Shadow Banks' Are Still Unregulated: Are They A Threat To The UK Economy?
Friday, October 7, 2022 - 9:59am | 726The Bank of England recently unpacked £65 billion ($72 billion) in an emergency measure to avoid a crash in government bond prices. Without the intervention, the U.K.’s pension funds, which rely heavily on bond holdings, would have entered default. A larger economic crisis was averted....
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S&P 500 On The Brink Of Hitting New Lows As British Pound Collapses
Monday, September 26, 2022 - 2:56pm | 665The S&P 500 added to last week's losses on Monday as the index drifted closer toward its June intraday low of 3,636.87. The S&P 500 traded as low as 3,647.74 Monday as investors consider whether the June lows will hold as technical support or stocks are headed to fresh 52-week lows...