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World

Trump Will Not Testify as Scheduled in Civil Fraud Trial

Donald J. Trump has changed his mind about returning to the witness stand on Monday to testify in his own…

World

Gold Bars and Tokyo Apartments: How Money Is Flowing Out of China.

Affluent Chinese have moved hundreds of billions of dollars out of the country this year, seizing on the end of…

Business

Sex Workers Have Been Shunned by Banks, Even When Their Work Is Legal

Bella Cummins has run Bella’s Hacienda Ranch, her Nevada brothel, for nearly four decades — and for four decades, she’s…

Business

Russia’s Central Bank Raises Rates to 15 Percent to Curb Inflation

The jump, from 13 percent, would bring a long period of “tight monetary conditions” in order to ease price pressures,…

Business

European Central Bank Keeps Rates on Hold for First Time in Over a Year

“Inflation is still expected to stay too high for too long,” the bank said, but noted that its campaign of…

Business

Morgan Stanley’s Post-Gorman Era Begins

Wall Street’s most closely watched succession saga ended with the selection of Ted Pick as the bank’s next leader. But…

Business

Morgan Stanley Names Ted Pick, a Bank Veteran, Its Next C.E.O.

Mr. Pick’s ascension caps an unusually public three-way race to replace James Gorman, who presided over steady growth after taking…

World

Prospect of Prolonged Israel-Gaza War Adds Economic Havoc to Human Toll

As the fighting between Israel and Hamas risks bursting into regionwide chaos, the prospect of a long and potentially widening…

Business

U.K. Inflation, Unchanged at 6.7 Percent, Ends String of Declines

The News The inflation rate in Britain held steady in September, defying expectations of a small decline, after as rise…

Business

For Goldman Sachs, No Bad News Is Good News After a Brutal Stretch

The Wall Street bank disclosed $2 billion in quarterly profit, just above expectations and propelling the bank further in its…

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