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By Deena Beasley San Francisco (Reuters) - Drugmakers are prioritizing complex biotech medicines over treatments that can be given as pills because recent U.S. legislation gives biologics a longer run...

By Jorgelina do Rosario LONDON (Reuters) - Developing countries have sold a huge $39 billion of international bonds since the start of the year, with investors happy to pile into riskier debt as they ...

By Carolina Mandl NEW YORK (Reuters) - Goldman Sachs Investment Strategy Group expects U.S. equities to generate positive returns for investors in 2023 even if the economy enters a recession, accordin...

(Reuters) - Wells Fargo & Co on Friday reported a 50% decline in profit for the fourth quarter as it paid regulatory penalties and stockpiled money to prepare for soured loans against the backdrop of ...

(Reuters) -JPMorgan Chase & Co reported a 6% rise in fourth-quarter profit on Friday, as a better-than-expected performance from the bank's traders more than offset a hit from a slump in dealmaking. T...

(Reuters) -Bank of America Corp reported a better-than-expected fourth-quarter profit on Friday as rate hikes helped it charge more interest on loans to customers. The U.S. Federal Reserve and other m...

(Reuters) - U.S. bond funds attracted their biggest weekly inflow in 18 months in the seven days to Jan. 4 on signs of cooling inflation that boosted hopes the Federal Reserve might scale back the siz...

By Rajesh Kumar Singh CHICAGO (Reuters) - Delta Air Lines Inc on Friday offered an upbeat outlook for this year after quarterly profit topped Wall Street estimates on the back of robust travel demand....

FRANKFURT (Reuters) - Euro zone banks must be more selective with customers that make risky bets on financial markets, such as hedge funds, and become more prudent in how they manage their exposure to...

(Reuters) -Goldman Sachs Group Inc on Friday revised its pre-tax loss related to its newly formed platform solutions unit for the first nine months of 2022 to $1.2 billion, the bank said in a regulato...