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Morgan Stanley profit drops 14% as deal drought persists

Morgan Stanley's profit beat estimates as growth in its wealth management business offset lower trading revenue in the second quarter, and executives expressed optimism about the economic environment. ....

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Morning Bid: Retail, housing and banks test jaunty July

A look at the day ahead in markets from Mike Dolan ....

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Bank of America profit beats on boost from interest income, investment banking

Bank of America's second-quarter profit beat Wall Street estimates as it earned more from customers' loan payments while investment banking and trading fared better than expected. ....

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YOUR MONEY How to get high rates to work for you

There is no doubt that higher interest rates are hard on a many people – especially if you are taking out a loan on a home or a car, or are struggling to catch up with credit-card debt. ....

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Morning Bid: Relief over US inflation keeps Asia upbeat

A look at the day ahead in European and global markets from Sonali Desai ....

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