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Goldman Sachs CEO is summoning workers back to the office by June 14

A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange.Brendan McDermid | ReutersThe boss of Goldman Sachs told workers in the U.S. and the United Kingdom on Tuesday that the bank wants them to be ready to return to the office by

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Peter Thiel-backed psychedelics start-up plans to raise $100 million in IPO

Peter Thiel, co-founder of PayPal Inc.VCG | Getty ImagesATAI Life Sciences, a biopharmaceutical company aiming to make psychedelic drugs to treat mental health disorders, announced that it is planning to raise $100 million in an initial public offering.The Berlin-headquartered company, which counts billionaire investor Peter Thiel as one of

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UIPath pursues one of the biggest software IPOs ever as investors rotate out of cloud stocks

UiPath co-founder and CEO Daniel DinesUiPathUiPath's New York Stock Exchange debut scheduled for Wednesday will mark one of the biggest software IPOs in U.S. history and will be the most hyped first trade for cloud investors since Snowflake went public in September.But the company, whose software helps businesses automate

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Some states require amended tax returns for $10,200 unemployment tax break refunds

There are probably a ton of people who got unemployment who rushed to file. People are still in panic mode and wanted a refund as soon as possible.Albert Campocertified public accountantState taxesTaxpayers may not be so lucky at the state level.For one, a dozen states aren't offering the federal

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How JPMorgan increased the number of Black interns in its Wall Street program by nearly two-thirds

JPMorgan Chase boosted the number of Black and female college students selected for investment bank internships by leaning on technology platforms that help the firm broaden out its campus recruiting efforts, CNBC has learned.The company said that 18% of its corporate and investment bank summer interns in North America

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Individual investors should tread carefully in hot but risky IPO market, experts caution

Monitors display Bumble signage during the company's initial public offering in front of the Nasdaq MarketSite in New York on Feb. 11.Bloomberg | Getty ImagesIt looks like Main Street is poised to get in on an investment that's been largely off-limits: initial public offerings.At least two trading platforms plan

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Wealth tax, estate tax, capital gains: Here’s how Democrats want to tax the super rich

Drew Angerer | Getty Images News | Getty ImagesDemocrats may soon be raising taxes on the rich, as lawmakers pivot to priorities beyond pandemic relief.A change in the way Uncle Sam taxes the wealth, capital gains and estates of the super wealthy may be on the table, according to

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The pandemic stranded these Americans overseas. Now, their unemployment benefits are in jeopardy

Justin Samuels, 44, was living in Malaga, Spain, when the Covid pandemic hit. The freelance writer is fighting New York for unemployment benefits.Justin SamuelsJustin Samuels was living abroad in Malaga, a Spanish port city in the country's south, along the Costa del Sol, when the pandemic chaos began to

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U.S. unemployment system fell short in early days of the pandemic. It could buckle again

Florida resident Joseph Louis at a May 22 protest in Miami Beach asking the state to fix its unemployment system.Joe Raedle | Getty ImagesIn many ways, the U.S. unemployment system has undergone a radical shift over the past year.Washington expanded benefits to millions of previously ineligible workers. State labor

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Shares of Oscar Health dip in NYSE market debut, begins trading at $36 per share

The New York Stock Exchange welcomes Oscar Health, Inc. (NYSE: OSCR), today, Wednesday, March 3, 2021, as they celebrate its IPO.NYSEShares of Oscar Health dipped 8% in its initial public offering Wednesday on the New York Stock Exchange.The stock began trading at $36 per share. Oscar had priced its

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