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Stocks making the biggest moves midday: WeWork, Snowflake, United Airlines, Rite Aid and more

General view of WeWork Weihai Road flagship is seen on April 12, 2018 in Shanghai, China. World's leading co-working space company WeWork will acquire China-based rival naked Hub for 400 million U.S. dollars. (Photo by Jackal Pan/Visual China Group via Getty Images)VCG | Getty ImagesCheck out the companies making

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Watch Jerome Powell testify to Congress on the economy and how the Fed plans to fight inflation

[This stream is set to start at 9:30 a.m. ET.]Federal Reserve Chair Jerome Powell on Thursday concluded two days of testimony in front of Congress, speaking in front of House members.In remarks for the Senate Banking Committee a day prior, Powell said the Fed understands the "the hardship high

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Stocks making the biggest moves premarket: Accenture, Darden Restaurants, FactSet and more

Check out the companies making headlines before the bell:Accenture (ACN) – The consulting firm's shares fell 3.3% in the premarket after its quarterly revenue beat forecasts but earnings were impacted by the cost of its Russia exit. Accenture raised its full-year revenue forecast but cut the top end of

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Urban co-op banks need to focus on symmetric development, adopt modern banking methods: Amit Shah

Cooperation Minister Amit Shah on Thursday said urban cooperative banks need to focus on symmetric development and adopt modern banking methods to stay in competition. He emphasised on the reforms in urban cooperative banks and asked them to make structural changes, computerise accounting processes and infuse young talent in

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Irdai mulling to extend testing period under regulatory sandbox mechanism to 3 yrs

Insurance Regulatory and Development Authority of India (Irdai) is mulling to extend testing of products under the regulatory sandbox mechanism to up to three years. The Irdai Chairman said all these initiatives will help in furthering the goal of insurance penetration and reaching out to more and more people.

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RBI taps top banks including HDFC, ICICI, SBI for blockchain-based trade financing project

HDFC bank, and are among nearly a dozen top lenders the central bank is engaging with to run a blockchain-based pilot project centred on trade financing. If successful, it could help prevent loan frauds by the likes of Nirav Modi and Mehul Choksi, fugitive borrowers that gamed

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