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Ouch. Investment banking revenue hasn’t been this weak since 2008

Ouch. Investment banking revenue hasn’t been this weak since 2008

Pink slips are flying on Wall Street and at leading investment banks around the world as the industry grapples with shrinking revenue and profound change to their business models. HSBC announced plans last week to slash about 35,000 jobs to combat crumbling profits. Deutsche Bank cut 18,000 jobs last summer as Germany’s biggest bank tries…MORE

Senate to vote on two abortion restriction bills

Senate to vote on two abortion restriction bills

The battle over abortion rights will make its way to the Senate floor on Tuesday when Republicans bring two longstanding bills with little chance of passage up for votes before the chamber. The bills, which have been introduced annually over the past few years, will pin down senators’ stances on a key 2020 issue and…MORE

Why people eat pancakes on Shrove Tuesday

Why people eat pancakes on Shrove Tuesday

Today is Shrove Tuesday. Also known as Fat Tuesday, Mardi Gras (in French) and by many other nicknames. It’s the big hurrah before Christians start Lent, a season of prayer, penance and fasting in preparation for the Easter season. But even on a day with king cake, beads, parades and giant floats, there’s still a…MORE

Richard Grenell once touted his foreign clients. Now he’s the top US intelligence official

Richard Grenell once touted his foreign clients. Now he’s the top US intelligence official

Years before becoming the nation’s top intelligence official, Richard Grenell touted his consulting work for clients in Iran, China and other countries, which included projects that could violate foreign lobbying laws or jeopardize his security clearance. Last week, President Donald Trump appointed Grenell as the acting director of national intelligence, elevating him to an influential…MORE

7 things to watch in tonight’s Democratic debate in South Carolina

7 things to watch in tonight’s Democratic debate in South Carolina

Bernie Sanders is the Democratic Party’s front-runner headed into Tuesday’s Democratic debate. And tonight will test how well he wears that crown. This is the final time that the primary field will appear together onstage before “Super Tuesday” on March 3, when Sanders could, with victories in California and Texas, claim a runaway lead in…MORE

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