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Monday Headlines: BlackRock to lay off 3% of global workforce
By Matt Stichnoth,
New York Post: BlackRock plans to lay off 600 employees – about 3 percent of global workforce
Bloomberg: Fed Pivot Will Dominate Year of Rate Cuts in Turn of Global Cycle
Wall Street Journal: Top Bank Regulator Takes on ‘Drive Fast, Crash’ Risk Culture
Financial Times: Largest US banks set to log sharp rise in bad loans
Bloomberg: Private Equity’s Horrible, No-Good ’23 Set to Continue Into ’24
Bloomberg: Private US Companies Increasingly Going Bust as Profit Shrinks
Wall Street Journal: Wall Street Doubles Down on Bonds
New York Post: Real estate surveys indicate Manhattan’s office market is far from dead
Wall Street Journal: Offices Around America Hit a New Vacancy Record
CNBC.com: Cryptocurrency investors eagerly awaiting SEC ruling on bitcoin ETFs
Wall Street Journal: Buying Home and Auto Insurance Used to Be Routine. It’s Becoming a Nightmare.