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JPMorgan to Buy Mortgages Worth $1.8 Billion As Part of PacWest Merger

The Wall Street banking giant will buy the residential mortgages at a discount as part of the PacWest-Banc of California merger, Bloomberg reported. ....

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Stock Market Has Become 'Get-Rich-Quick' Scheme Ignoring Risks: Rosenberg

"There is no chance we're having a soft landing in the context of the most pernicious tightening by the Fed since the Paul Volcker years," David Rosenberg said. ....

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Betting on a Stock-Market Crash Hasn't Been This Cheap Since 2008: BofA

High interest rates and low stock market volatility are driving down the price of S&P 500 put options, according to Bank of America. ....

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The Dow Has Been This Unstoppable Only 5 Times Since 1897

The Dow Jones Industrial Average gained for a 12th straight day on Tuesday. Only five times since 1897 has the index enjoyed winning streaks that long, according to strategist Charlie Bilello. ....

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Elon Musk's Twitter Revamp Is a Risky Branding Move, Dan Ives Warns

"That said, losing the iconic world-renowned bird logo is a risky move from a branding perspective we believe," Wedbush analyst Dan Ives said. ....

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