Goldman Sachs Hires Google Exec For New Innovation Group
US investment bank Goldman Sachs has hired Alphabet’s Jared Cohen to help launch a new innovation group. This is according to a memo obtained by CNBC.
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US
Federal Reserve Says Further Interest Rate Hike Is Looking Likely For July
According to the minutes released on Wednesday from their June meeting, Federal Reserve officials have said that a further interest rate hike of 50 or 75 basis points is likely at their meeting in July.
Wells Fargo CEO Warns US Economy Isn’t Prepared For Big Rate Hikes
Wells Fargo CEO Charles Scharf has said he expects to see the Federal Reserve introduce more significant rate hikes, though warns the US economy might not be ready.
Market Turmoil Causes Walgreens To Scrap £5 Billion Boots Sale
Walgreens Boots Alliance (WBA) has confirmed it will retain ownership of British health and beauty retailer Boots after an extensive bidding process for the business.
3 UK Funds That Could Help To Hedge Against Inflation
Shane Neagle, Editor In Chief at The Tokenist, takes a look at 3 UK funds that could help to hedge against spiralling inflation.
